Ironically Buffett started with exactly this over half a century ago-- setting a cumulative hurdle rate of 6%-- meaning he wouldn't take fees unless investors m

Ironically Buffett started with exactly this over half a century ago-- setting a cumulative hurdle rate of 6%-- meaning he wouldn't take fees unless investors made at least 6%. He beat the Dow (S&P 500 wasn't really a thing during the Buffet Partnerships) every single year.