Las comisiones lo son todo

@dmuthuk

If you've invested $1,000 with Warren Buffett in 1965 would currently hold a nest egg of $4.3 million. However, if Berkshire had been a hedge fund charging 2 & 20, that $4.3 million would have accrued $300k to the investor with a stunning $4m to the manager.

Terry Smith in 2010