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Benjamin Davies addressed criticism #3972.
#3972·Dennis Hackethal, 2 days ago…often they are dealing with larger sums of money, which can make it harder to make higher returns…
Why is it harder to make higher returns for larger sums?
Dealing with larger sums of money narrows your investable universe.
As an example, Berkshire Hathaway has an investable universe of only a few hundred companies. Everything else is too small to move the needle for them.
There are many great opportunities available only to smaller investors.