At Berkshire Hathaway’s live-streamed annual meeting Saturday, chief executive Warren Buffett laid out a grim, pandemic-spooked outlook. He also took the opportunity to quibble with Renaissance Technologies founder Jim Simons’ hedge funds.
Buffett’s comments on Simons were in response to an e-mailed question asking whether the era of indexing was over, given the steep losses posted by the Standard and Poor’s 500 Index during the Covid-19 bear market in stocks.
