Why doesn't Warren Buffett charge a performance fee at Berkshire?

Warren Buffett and Charlie Munger respond to a shareholder's praise at the 2003 Berkshire Hathaway annual meeting.
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[@ronit.pereira7172]

They've gotten rich with shareholders and not of the shareholders.

[@mrpmj00]

AMAZON:
Yep, I bought a ton on the dip. It's getting cheaper relative to its current earnings (half compared to last year).
...With the Delta virus coming at full speed ahead, pandemic sales will make a comeback.
Amazon's not going anywhere so I know that eventually it will come back.
Fidelity considers Amazon as a large growth company (probably because as big as it is, it still only has 7% of the retail market)
buying via Amazon Smile donations donates some money to my favorite charity too!
Get on board or be runover, it's up to you.

[@dazkeath5951]

57.37 no thanks

[@stephenwang519]

This aged well.

[@robertwright8844]

@@stephenwang519 Amazon's now down over 50% from its peak!

[@Sills71]

Rockefeller, Vanderbilt, ect are not really the paragon of virtue.

[@berk8669]

9 percent before fees 11 percent after fees LOL

[@YoosufMuneer]

*19 percent before the fees and 11 after the fees

[@leeyidebenjamin]

19%