06-12-2018 22:30 via newsbtc.com

Morgan Creek Digital Makes $1 Million “Buffett Bet 2.0” Crypto Wager

Inspired by a bet made by one of the biggest names in traditional investing, Morgan Creek Digital has proposed a $1 million wager of its own.
Whereas Warren Buffett’s bet was that the S&P 500 would outperform a group of hedge funds, in Morgan Creek’s wager, the cryptocurrency investment firm will take the side that their own fund will beat the performance of the stock market.
Could Warren Buffett Himself Take the Bet Against Crypto?
According to a report in CNBC, the Morgan Creek
Read more »