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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Demosthenes who wrote (6709)7/11/1999 4:58:00 PM
From: lifeisgood  Read Replies (1) of 15132
 
Don't want to beat a dead horse but Bob's main gripe is not the ~1% annual commissions charged to run a fund (it's the 4-6% front or back load). Further, if that is all Bob's money management program costs, it's reasonable. Bob takes offense (and so do I) at fund managers who charge exorbitant management fees and then consistently underperform the market.

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