Berkshire Hathaway, the investment vehicle of the ‘Sage of Omaha’, has become ‘the S&P 500 without the bad bits’ – with its shares trading at a discount We are taking a slight liberty with the column this week: the portfolio we feature is not strictly speaking an investment trust and it is not trading at a discount – our normal yardstick for a “bargain”. Or not on paper, at least.
His madam tussuads model is rubbish
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