BUFFETT: Here's why real estate agents warrant their high fees, but stock pickers don't – Business Insider


Fortune

BUFFETT: Here's why real estate agents warrant their high fees, but stock pickers don't
Business Insider
Buffett has famously criticized hedge funds' two-and-20 fee structure — 2% of the investment's value and 20% of the profits — because he believes a cheap S&P 500 index fund is better. At the end of 2017, he handily won a decade-long bet he had
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