February 6, 2014, 1:49 P.M. ET
Buffett’s Index Bet is Still Trouncing Hedge Funds
"At the end of 2013, Vanguard’s Admiral shares — the S&P index fund (VFIAX) that’s carrying Buffett’s colors — were up for the six years that began Jan. 1, 2008 by 43.8%. For the same period, Protégé’s five funds of funds, on the average, gained only by an estimated 12.5% (a figure minutely uncertain because some of the funds lack final figures for 2013)."