{"id":57884,"date":"2017-05-08T08:44:24","date_gmt":"2017-05-08T12:44:24","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=57884"},"modified":"2017-05-08T08:44:24","modified_gmt":"2017-05-08T12:44:24","slug":"buffett-says-money-spent-on-plumbers-better-than-on-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2017\/buffett-says-money-spent-on-plumbers-better-than-on-hedge-funds.html","title":{"rendered":"Buffett Says Money Spent on Plumbers Better Than on Hedge Funds"},"content":{"rendered":"<p>(Bloomberg) Warren Buffett isn\u2019t done criticizing hedge-fund managers for wasting clients\u2019 money. At the annual meeting of his Berkshire Hathaway Inc. he again pressed the argument that, in aggregate, investment professionals aren\u2019t worth their fees &#8212; and that people would be better off sticking their money in a low-cost index fund. He also challenged how hedge fund managers are paid.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-05-06\/buffett-says-money-spent-on-plumbers-better-than-on-hedge-funds\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Warren Buffett isn\u2019t done criticizing hedge-fund managers for wasting clients\u2019 money. At the annual meeting of his Berkshire Hathaway Inc. he again pressed the argument that, in aggregate, investment professionals aren\u2019t worth their fees &#8212; and that people would [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-57884","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/57884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=57884"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/57884\/revisions"}],"predecessor-version":[{"id":57885,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/57884\/revisions\/57885"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=57884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=57884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=57884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}