Enough About The Fees Already!

(Harvest) Once again the Oracle of Omaha and his sidekick have unleashed a barrage on the hedge fund industry and the “outrageous” fees managers charge. At their annual Woodstock of Capitalism the pair astutely pointed out that market volatility, combined with political uncertainty, has hurt performance at many funds. Despite this, what really seems to be most troubling to them is the fees hedge fund managers charge.

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