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Here's How Billionaires Buy Stocks

The Motley Fool

A self-directed brokerage account is the same kind you or I might use and has the same types of stock investing options, including individual stocks, exchange-traded funds, options trading, mutual funds, bonds, and real estate investment trusts (REITs).

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Transcript: Dominique Mielle

The Big Picture

RITHOLTZ: It’s mutual funds. It’s hedge funds. And all these formally high performers are now just so big, they’re very happy collecting the management fee and the performance fee matters less. And how has this gap persisted for so many decades? It’s private equity.

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BlackRock (BLK) Q4 2023 Earnings Call Transcript

The Motley Fool

billion was 7% higher year over year, driven by the impact of higher markets on average AUM and higher performance fees. Fourth quarter and full year performance fees of 311 million and 554 million, respectively, increased from a year ago, reflecting higher revenue from liquid alternatives and long-only mandates.

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