The topic is the mystery of financial fees. Journalist Ben Devvarman shares a story that, about a hundred and forty years ago. A retailer, one very savvy retailer, from Philadelphia PA, by the name of John Wanamaker, realized that his customers and his sales people were spending way too much of their time haggling over price. He came up with a creative solution to put clearly marked labels on every item in his stores. What do you know it before long his sales people stop wasting time; his customers had a better experience and profit soared soon enough.
The Mystery Of Financial Fees When Investing Money – Part I
The Mystery Of Financial Fees When Investing Money – Part II
Baupost's investment process involves "never-ending" gleaning of facts to help support investment ideas Seth Klarman writes in his end-of-year letter to investors. In the letter, a copy of which ValueWalk has been able to review, the value investor describes the Baupost Group's process to identify ideas and answer the most critical questions about its potential Read More
The Mystery Of Financial Fees When Investing Money – Part III