Contrast I can't help but think of Warren Buffett's famous letters to shareholders, and how he speaks clearly to the people he thinks of as his "partners." What Buffett has done over time, and what some hedge funds might also do, is spend time educating and informing their shareholders as to their investing philosophies and styles. Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) shareholders know to be patient. They know that long-run results are what really matter. They trust their money manager.