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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: mungofitch 🐝🐝 SILVER
SHREWD
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Number: of 19824 
Subject: Re: OT: A heretic question
Date: 02/15/26 5:43 AM
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TMF went full Animal Farm and became what they used to excoriate.

Yeah, but they make payroll now. Incentives are powerful.

Imagine what happened to me when, as a portfolio manager, I put a large chunk of somebody's money into Berkshire shares? Pretty obviously (and entirely rationally) they withdrew the money, explicitly noting "I can do that myself".

I suppose it would have been rational to advocate a fancier investment strategy, but instead I gave back my asset management license.

Jim
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