Interview: Jeffrey Tarrant of Protégé Partners on his Hedge Fund Gambles

The CEO and CIO of Protégé Partners talks about backing emerging managers and why he’s not giving up on his famous bet with Warren Buffett.

Jeffrey Tarrant

It’s safe to say Jeffrey Tarrant is a betting man. In 2008, Protégé Partners, a $2 billion fund-of-funds firm set up by CEO and CIO Tarrant and then-co-CIO and co-founder Ted Seides, accepted Warren Buffett’s $1 million wager that over ten years and after fees, costs and expenses, Protégé's selection of five funds of funds (not associated with Protégé) would beat the Berkshire Hathaway chief’s chosen S&P 500 index fund, Vanguard 500 Index Fund Admiral Shares.

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