Re: Whats the point of investing when Buffett will do it for you?
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Why cant you get him to manage all your money for 2% a year? Surely it will only cost you what you pay to acquire the shares? Have I misunderstood something here thats peculiar to the US?
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You've convinced me that it's a good idea for you.
Most of us on the board don't like mutual funds because they are more interested in generating fees than making good investments.
Did you know most mutual funds overturn there whole portfolio every year? This makes sense for some funds, but a lot do it because they want to generate fees for the rest of the company. So we have a healthy distrust of fund managers and can out perform the majority of them by doing our own investing.
YMMV.
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