Hedge Funds
OMAHA, Neb. (AP) — Ten years ago, Omaha billionaire Warren Buffett was so sure that his chosen S&P 500 stock index fund would outperform a collection of hedge funds that he made a $1 million bet over it. On Friday, a couple of money managers with Protégé Partners LLC were in Omaha to pay up. More than $2 million is now going to Girls Inc. of Omaha. The Omaha World-Herald reports that Girls Inc. will invest the money and use the income to support a new residential program for young women leaving foster care.

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