Given a point set P in the plane, we seek a subset Q ⊆ P , whose convex hull gives a smaller and thus simpler representation of the convex hull of P . Specifically, let cost(Q, P ) denote the Hausdorff distance between the convex hulls CH(Q) and CH(P ). Then given a value ε > 0 we seek the smallest subset Q ⊆ P such that cost(Q, P ) ≤ ε. We also consider the dual version, where given an integer k, we seek the subset Q ⊆ P which minimizes cost(Q, P ), such that |Q| ≤ k. For these problems, when P is in convex position, we respectively give an O(n log 2 n) time algorithm and an O(n log 3 n) time algorithm, where the latter running time holds with high probability. When there is no restriction on P , we show the problem can be reduced to APSP in an unweighted directed graph, yielding an O(n 2.5302 ) time algorithm when minimizing k and an O(min{n 2.5302 , kn 2.376 }) time algorithm when minimizing ε, using prior results for APSP. Finally, we show our near linear algorithms for convex position give 2-approximations for the general case.