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It's a quarter of everything over six percent. Source: How to Pick Stocks Like Warren Buffett, pg. 11.
by BrentRitterbeck 17y ago
It's a quarter of everything over six percent.
Source: How to Pick Stocks Like Warren Buffett, pg. 11.
- falsestprophet 17y agoYeah that was his performance fee when he was managing money through the Buffet partnerships. Now he takes 0 and 0 as Chairman and CEO of Berkshire Hathaway. His compensation is primordially in the appreciation of his (substantial) share of the company.
- BrentRitterbeck 17y agoConsidering the amount shares he owns, I'd rather be the Chairman and CEO of Berkshire than running a hedge fund. In addition, the float from the insurance companies under his umbrella is more than most hedge fund managers will ever manage.