2017-Morning Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
00:00
Hedge Fund Compensation Scheme of $2.20
Warren Buffett: Financial helpers can create tremendous value for those they help. In nearly every annual letter, you describe how valuable Charlie's advice and counsel has been to you. Given that, would you be willing to pay the industry standard, quote, financial helper fee of 1% on assets to Charlie? Or would you perhaps even consider $2.20 for him?
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