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OMAHA — Billionaire Warren Buffett has wagered roughly $320,000 of his money that the S&P 500 will outperform a collection of hedge funds.
The terms of the bet between the chairman and CEO of Berkshire Hathaway Inc. and the money managers who own Protege Partners LLC are outlined on the Long Bets website. That group will hold the wager until the bet concludes at the end of 2017.



