Warren Buffett’s Million Dollar Bet

Warren Buffett’s million dollar bet that an index fund would have better market performance than a hedge fund involves financial intermediaries.

Stock Markets: Is Stock Picking Smart?

Buy a diversified fund that has global exposure and charges a minimal fee is the investing advice Harvard Professor N. Gregory Mankiw gave to his mother in a NY Times column. Citing economic research that confirms his recommendation, he sounds convincing.…