>>30172478Your fund can spend your liquid more effectively than you can, and your share price will grow more quickly by having an extra 20% to spend. That will make you climb even faster. Siphoning off the top of the money it takes in "to climb" on the leaderboard as an individual is counterproductive and literally cutting off your massive nose to spite your face.
No argument against the 90% divs, that one does enrich you more if you are the only member.