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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: hclasvegas   😊 😞
Number: of 15054 
Subject: Re: CEF, stew is 36 % brk, so it's clearly
Date: 09/11/2023 9:30 PM
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For the first ten years plus, from its inception, the fund had a history of very high total expenses, over 2.5 %. I have no idea why anyone bought BIF back then or why any investor thought the fund performance could overcome that drag. In the past 5 years the controlling family has been increasingly shareholder friendly. Would Buffett buy the entire fund at a 10 discount to nav? I think he would. If anyone is interested ,this is the funds website, https://srhtotalreturnfund.com/
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