[llampx]

> It is much harder to beat the market, especially in a bear market.

This is the crux of the Warren Buffet vs Hedge Fund bet, and why it failed. Buffet quite possibly realized that a new bull market was about to begin, and the market would beat a hedge fund. When the bull market ends though, let's see if hedge funds don't start beating the market with their long-short-cash strategy.

I am nowhere near hedge fund territory, but do have some qualms about whether this bull market will just grow to the sky or have a big reset sometime quite soon, quite possibly reaching 6000 on the S&P before that.

Also, I find the efficient market hypothesis quite bullshit, so there's that.