Caerus Investors, a small New York-based equity hedge fund, just released its second quarter letter, which provides some insights into what's going on. Business Insider viewed a copy, and here are ...

Warren Buffett in 2007 entered a decade-long bet with Protégé Partners that the S&P 500 would outperform a selection of hedge funds. He won the bet late last year. In his annual letter to ...