This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
From this perspective, it's not unlike a mutualfund. A stake in Berkshire Hathaway is in many ways a means of letting Buffett manage your money for you based on his proven, value-minded approach to picking stocks. It's not a stock in the traditional sense. Even that comparison somehow doesn't do it justice.
That was his 6% stake at the time and he tells the story on the Mailbag on Rule Breaker Investing a couple weeks ago of what happened. He said he always felt comfortable because it was diversified, it was a huge stake in Microsoft. Microsoft was just a 6% stake back in the day. One of those stocks was Microsoft.
It's an often-forgotten detail about Berkshire Hathaway, but it's not a mutualfund. It's a conglomerate that just so happens to use much of its idle cash to hold stocks of publicly traded companies. billion as of the end of last year) comes from its privately held businesses. Ordinary investors can't make such deals.
The entire modern institutional asset economy, the options market, the securities market, the money manager system, the institutional mutualfunds, the institutional ETFs, they're all going to be centered around bitcoin as the digital property going forward.
I want to move our investing discussion briefly, there Rand, because conscious capitalism is central to the philosophy at stake, and you have been on the board. Or since you have an incredible window into your clients, now I know a lot of them are privatecompanies where it would be a special investment, do you ever invest in your clients?
Shannon Rebolledo staked out the parking lot as JBS left and PSSI came in. No pension fund wants to invest in privatecompanies that abuse immigrant children. I used to invest in top global hedge funds back in the day and I trusted nobody. How can this happen? Where did oversight fail?
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content