3 ms·
thanks for noticing/commenting on that return rate. humongous. i'm surprised no one else has mentioned it in the comments. for comparison, according to one sou
by HillaryBriss 10y ago
thanks for noticing/commenting on that return rate. humongous. i'm surprised no one else has mentioned it in the comments.
for comparison, according to one source, over 50 years, Berkshire Hathaway grew at about 21 - 22%
http://fortune.com/2015/02/28/berkshire-after-50-years/ http://fortune.com/2015/02/28/berkshire-after-50-years/
- mikeyouse 10y agoRenaissance also reportedly charges a 5% / 44% fee instead of the standard 2% / 20%. Quick math (which is wrong since they've changed their fee structure) -- If you had invested $1M with Renaissance in 1994, using a 5/44, you'd end up with something like $411M in 2014. Ren. would've made about $430M.