"Hedge funds? They are merely piling an extra layer of much...

"Hedge funds? They are merely piling an extra layer of much higher costs to a zero-sum game. So whenever you pile on a new cost, you've got to find another sucker to lose even more money than he lost before"

Buffet said this of the various "Helpers" in his 2005 annual address.

ARG has 2.5% discount on their SPP - do any of the others?

CK do you have a margin facility you use? NAB seems to have disparate Security ratios for ARG, CHO, MLT and BKI and not AUI/DUI. ARG only one at 70 so maybe the one for me.