I think it's a good long-term investment. They've got a ton of experience between Mason Hawkins and Stanley Cates, and the managers have significant portions of their own net worth in the Longleaf funds. They have every incentive to do right by their shareholders.
More Quotes from Chris Traulsen:
He had a rough time. People were disappointed with the results.Chris Traulsen
I think it's good news for investors. Investors already pay a management fee to the advisor to run the fund - it might shock investors to know they are paying, say, another 50 basis points for research.
Chris Traulsen
Readers Who Like This Quotation Also Like:
Based on Topics: Experience Quotes, Investment QuotesBased on Keywords: longleaf
I am not an 'instant' actor... to really do anything, I've got to try it five or six or a dozen times.
Judy Holliday
I prefer being penetrated by iron to seeing Palestine is loose.
Theodor Herzl
The light of lights looks always on the motive, not the deed, the shadow of shadows on the deed alone.
William Butler Yeats