S&P 500 & Equities·Bloomberg Markets· 2h ago

Buffett’s Zurich Acolyte Says Odds of Beating Market Keep Fading

The Big Market Report Take

Guy Spier keeps a bronze bust of the late Charlie Munger of Berkshire Hathaway Inc. in the hallway of his Zurich office. Yet the hedge fund manager, who has just closed up shop, says Buffett-and-Munger-style stockpicking doesn’t work any more.

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