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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (35868)	11/8/2009 7:25:46 PM
From: Madharry	Respond to of 78767

well, it sounds like you would only be giving up 1/2% a year or so and the ability to manage your own taxes for which you probably already employ a full time accountant to do. Certainly, if these guys could generate a return of even 15% net of costs on an annual basis I would be ready to retire again and pursue something else like writing, or growing an organic vegetable garden. I figure Mr. Smith is managing a good chunk of my money and I own another 18% or so in various closed end funds and the like. I can see who does better over the next 3 years or so.