Remove Conglomerates Remove Mutual Funds Remove Private Companies
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3 Stocks That Could Create Lasting Generational Wealth

The Motley Fool

From this perspective, it's not unlike a mutual fund. The remainder reflects the value of all the wholly owned private companies that also help make up the conglomerate. It's not a stock in the traditional sense. Rather, Berkshire is a basket of stocks hand-picked by Warren Buffett and his lieutenants.

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Berkshire Hathaway's Beating the Market, But Its Biggest Holdings Aren't. What Gives?

The Motley Fool

It's an often-forgotten detail about Berkshire Hathaway, but it's not a mutual fund. It's a conglomerate that just so happens to use much of its idle cash to hold stocks of publicly traded companies. Private companies, however, are a compelling alternative to ordinary stocks. And not just right now.