I think the biggest mistake people make with Berkshire Hathaway is treating it like a portfolio. It is not. A portfolio is just a list of assets. Berkshire is something else entirely: it is a corporate structure that decides what kinds of assets it can own, what kinds of liabilities it can carry, how long capital can stay inside, and who has the right to force a sale. The 13F-cloning crowd gets this almost perfectly backwards. They obsess over t…
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.