When reading a post with a keyboard, you can type the keys , and . to move backwards and forward between posts! You can also press 'return' to read through posts one at a time. There's freedom in Shrewd'm!
- Manlobbi
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
No. of Recommendations: 11
No. of Recommendations: 3
Finally starts on BRK at 14:09. That guy sure sounds and acts like WEB.
No. of Recommendations: 15
That guy sure sounds and acts like WEB.
I don't know. His flagship fund hasn't beaten WEB over the past 3, 5, 10, 20, 30 years.
Anyone can talk like Buffett, but that doesn't mean you'll beat him.
Also see Pabrai, Tilson, etc.
No. of Recommendations: 1
carolsharp-
Can you define a bit?
Hasn’t beaten WEB’s BRK portfolio performance or BRK itself?
Can you share that source?
No. of Recommendations: 11
His flagship fund hasn't beaten WEB over the past 3, 5, 10, 20, 30 years.
Anyone can talk like Buffett, but that doesn't mean you'll beat him.Yeah I've enjoyed listening to him on some podcasts.
Active management is difficult, though rewarding for the folks collecting the management fees.
Here's SPY vs BRK.b vs Davis New York Venture Fund vs Davis Opportunity Fund:
15 years:
https://stockcharts.com/freecharts/perf.php?SPY,BR...10 years:
https://stockcharts.com/freecharts/perf.php?SPY,BR...SPY vs BRK.b vs DUSA (Davis Select US Equity ETF) - "Our Actively Managed, Best-Ideas Portfolio"
https://stockcharts.com/freecharts/perf.php?SPY,BR...Not impressive.
No. of Recommendations: 2
Well, Warren is entrusting the future of Berkshire Hathaway in something resembling its present form TO Chris Davis & a very few others.
So I’d say he might be some one worth listening to.
I think Chris got in hot water with Warren raising that matter in a previous interview with this very same individual a year or 2 ago. You noticed how Chris completely made that matter off limits in this discussion.
No. of Recommendations: 1
I think Chris got in hot water with Warren raising that matter in a previous interview with this very same individual a year or 2 ago.
What "matter" are you referring to?
No. of Recommendations: 0
The issue of protecting Berkshire against forces pushing for a break-up and pressure to change the structure post Buffett.
No. of Recommendations: 1
I believe he is referring to when Andy Serwer asked Chris Davis to describe what exactly goes on inside a Berkshire board meeting.
Chris politely said something to the effect of "I can't go there." Sort of what happens in those meetings stays in those meetings.
He chose his words very carefully and Serwer backed off.
