Short Positions Increasing, page-33

"Oooops... commission should read 0.1%."

That's pretty much in line with the rate charged by most online brokers.

But, whether it is 0.1% or 0.01%, can you explain how this has any bearing on the decision to become the owner of a business?

Surely when you invest in a company, you hope to generate an annual return at least in line with the average market return of around 9% pa, so what does it matter to you whether you make 8.90%pa (9% less 0.1%) or 8.99% (9% less 0.01%) during your first year of ownership?