1 Feb 2011
The compound impact of fees
US$100 invested with Warren Buffett in 1965 was worth US$430,000 at end 2009. But, if he had charged a fee of 1%pa it would only be US$275,000, and if he had charged a fee of 0.5% plus 20% of outperformance over the S&P, it would be a paltry US$110,000.
The compound impact of fees
US$100 invested with Warren Buffett in 1965 was worth US$430,000 at end 2009. But, if he had charged a fee of 1%pa it would only be US$275,000, and if he had charged a fee of 0.5% plus 20% of outperformance over the S&P, it would be a paltry US$110,000.
US$100 invested with Warren Buffett in 1965 was worth US$430,000 at end 2009. But, if he had charged a fee of 1%pa it would only be US$275,000, and if he had charged a fee of 0.5% plus 20% of outperformance over the S&P, it would be a paltry US$110,000.
21 Jul 2025
21 Jul 2025
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