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MarketRiders BlogPosted by mitch on 6/09/2008 Summary: As
for the fees that investors pay in the hedge fund world - and that, of
course, is the crux of Buffett's argument - they are both complicated
and costly. A fund of funds normally charges a 1% annual
management fee. The hedge funds it puts that money into charge an
annual management fee of their own, which for funds of funds is
typically 1.5%. (The fees are paid quarter... |
