가입 후 초대 링크를 공유하면 동영상 재생 및 초대 보상을 받을 수 있습니다.

Jeremy Giffon
@jeremygiffon
He that observes the wind sows not; and he that looks at the clouds will not reap.
가입 December 2010
496 팔로잉 중    33.9K 팬
This is good capital allocation, but it requires permanent capital. People don't actually want best returns. They want to feel clever and do some like weird little thing that makes them feel interesting or different or something. But sometimes you just got to do the obvious thing and just be really strong on it. I always admire those managers who have been paid 2 and 20 for like 40 years to just own Berkshire. It's awesome because they were right, and they were providing a service. The service is that the LP does not have the personal confidence to own Berkshire on their own. So they actually need to pay a huge premium for someone else to give them the confidence to own Berkshire. It's just a tax that they pay for not having the conviction to do it themselves. And I think that's great and solves a real problem for a lot of people.
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Ackman is charging 2 and 20 to own the Mag 7. His portfolio now includes $GOOG, $AMZN, and $META.