{"id":18004,"date":"2010-09-30T07:45:02","date_gmt":"2010-09-30T11:45:02","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=18004"},"modified":"2010-09-30T07:45:02","modified_gmt":"2010-09-30T11:45:02","slug":"why-the-buffett-approach-adds-up","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2010\/why-the-buffett-approach-adds-up.html","title":{"rendered":"Why the Buffett approach adds up"},"content":{"rendered":"<p>Guardian &#8211; Terry Smith is not the first person to calculate how much poorer shareholders in Berkshire Hathaway would be if\u00a0Warren Buffett had extracted fees as greedily as a hedge fund manager \u2013 meaning a 2% management fee plus 20% of the gains every year. But the arithmetic never loses its power to shock. A $1,000 investment in Berkshire Hathaway in 1965 was worth $4.3bn at the end of last year. However, on a hedge fund model, $4bn would have gone to Buffett and only $300,000 to the investor.<\/p>\n<p><strong><a href=\"http:\/\/www.guardian.co.uk\/business\/2010\/sep\/29\/warren-buffett-shareholders-viewpoint\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guardian &#8211; Terry Smith is not the first person to calculate how much poorer shareholders in Berkshire Hathaway would be if\u00a0Warren Buffett had extracted fees as greedily as a hedge fund manager \u2013 meaning a 2% management fee plus 20% [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-18004","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=18004"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18004\/revisions"}],"predecessor-version":[{"id":18008,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18004\/revisions\/18008"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=18004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=18004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=18004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}