Duan Yongping Launches 100 Million Yuan "Ten-Year Bet": Heavy Stake in Moutai Challenges Domestic Funds

Inspired by Buffett's "ten-year bet," Duan Yongping proposed a 100 million yuan heavy stake in Kweichow Moutai to challenge domestic funds, with a ten-year term and the winner donating to a mutually agreed recipient. As of the end of June 2026, Moutai has risen 412.11% over the past decade, outperforming most actively managed equity funds; however, it has fallen 33.31% over the past five years, underperforming most funds.