Originally Posted by
SailorRob
Correct,
No other way that I know of.
I have complained to Lister more than once, his defence is compliance costs. I also complained when he misspelled Buffett on the front page of the Business Herald. He was embarrassed but tried to bale the editors for not picking it up! Like that Moneyhub dude, he went to the meeting and has been going around saying that he's compiling a 'guide to the meeting' that will be the best guide ever and saying he knows that sounds cocky but it's true. Well dude it would be a good pace to start the 'Best Berkshire guide ever' by spelling the mans name correctly.
Also as you can imagine, it was a fun conversation when they tried to warn me of the risks of 'doing it myself' and having 100% in one company. I invited them to manage my money for me and if they guaranteed they could beat BRK and if not they made up the difference. Didn't take me up. Also bet Lister that none of Craigs products could touch BRK over the next 10 years.
I got around 17 people into Craigs with 100% BRK, by the end of it they thought it was pretty funny. My understanding is that these 17 accounts have the highest performing KiwiSaver return within Craigs to date or thereabouts.
The they decided to send me their in house research on BRK. My ribs still hurt slightly.