Message Font: Serif | Sans-Serif
No. of Recommendations: 6
"What is less understood is that over the past decade Mr Buffett’s company, Berkshire Hathaway, has sharply altered its strategy. For its first 40 years Berkshire mainly invested in shares and ran insurance businesses, but since 2007 it has shifted to acquiring a succession of large industrial companies."

Beyond this the article is mostly negative about future growth. Pointing out that recent large acquisitions appear to be growing earnings about 4% per year. That spending its current cash in today’s market is unlikely to improve this statistic, and that waiting for the next crash to invest cash could prove problematic as Buffett is 87 and Munger is 94.

I do not agree that recent acquisitions have been as lackluster as they seem to think. But waiting for the next big bear may be a problem if it doesn’t show up soon.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.