Manages Parisian Family Office. Began Wall Street, 82. Founded investment firm, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative. Raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.

Thursday, September 07, 2006

A great reason to own them

At Chippewa Partners we "bought" into ownership of ETF's on Day 1. The reasons are many but the main reason was the cost of "ownership". Average fees are 0.43% for an equity ETF (exchange-traded fund, for those of you in Mandaree) versus an average fee of 1.45% for an equity mutual fund according to Morningstar.

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