Subject: Re: Buffett Watch
A number of months ago, I sold half my holdings of Berkshire Hathaway and arbitrarily split it in purchasing shares of thee five Japanese companies (through IB, in Tokyo). To put it mildly, they have all outperformed BRK by a significant amount. Buffet is a great stock-picker, but that doesn't mean that all of the assets held by BRK offer the same characteristics and the company currently has a lot of inertia because of its pile of cash.

Jeff