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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Mark   😊 😞
Number: of 15058 
Subject: Re: brk, disclosure, transparency, not much
Date: 08/16/2024 12:43 PM
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For the past few years I mentioned STEW

I've got to wonder why anyone would pay a 1.6% expense ratio for someone to buy them things like Berkshire, JPM, Microsoft, etc. Seems like a waste of money. Consider someone retired who is withdrawing 3% or 3.5% each year to cover their expenses ... they'd be paying about HALF of their annual income to the fund!!! That's absurdly wasteful.
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