Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
Unthreaded | Threaded | Whole Thread (16) |
Author: knighttof3   😊 😞
Number: of 16628 
Subject: Re: New rules, what would Buffett say?
Date: 08/10/2025 2:33 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 5
Not institutional investors, that's for sure.

I have to scratch my head at why public pension funds like CalPERS are allowed to invest in private credit, private equity or hedge funds.
I can understand BlackRock offering cr@p like a bitcoin ETF. They are not fiduciaries for their customers. Pension funds are.
Apparently in Ben Graham's time, state-run entities had strict rules about what kind of stocks and bonds were acceptable as "prudent investments".
Maybe there is something to this new-fangled theory of regulatory capture, after all.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (16) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds