[David]

what are your thoughts on Berkshire Hathaway? It seems diversified enough to function similarly to an ETF.

I’m curious to hear your thoughts! Berkshire Hathaway is a conglomerate with a wide range of holdings across various industries, much like how ETFs hold a diversified portfolio of stocks.

Does this make Berkshire Hathaway functionally similar to an ETF when it comes to diversification?

Or are there key differences that set it apart?

Let’s discuss!

[Eric]

My kids bought BRK.B and TSLA 4.5 years ago in their Roth IRAs. BRK.B up 160%. TSLA up 253%. I like to compare and contrast the two.

We discuss leadership, technicals, volitility, approaches, etc.
The point made about Berkshire’s cash holdings is a regular conversation ( keep your powder dry, etc)

Boring can be a good thing but if I wanted to beat BRK going forward in terms of growth I would ‘think’ I could do it with say VOO.

I think Warren and team do try to beat the S&P500 over the LONG term and have.

Another thought… I also like to contrast BRK.B and Warren to Tyco International & Dennis Kozlowski. While both are or were conglomerates, one has a great leader at the helm along with great managers.

If you’re not familiar with Tyco, they were the love of Wallstreet in the late 90s.

P.s. the best part our BRK.B is access to $1 dilly bars at the shareholder meetings btw, so there’s that too.

No ETF guarantees $1 dilly bars if you come to
Omaha.

[Lana]

Buffet is 94 years old. The company for a while had been run by hired managers, neither of which can be expected to have the grasp and insight of Warren in his prime years.

Recent moves in BRK portfolios (investment in PARA, trimming AAPL) support my thought that BRK is no longer the BRK you knew.

I don’t hold any, except fractionally within a few ETFs, and don’t plan to.

[Sean]

I think it’s a great option but he’s like 100, and may very well not be running the company much longer. Will his predecessor have the same outperformance as buffet?

That’s my concern.

[Mark]

yup. I hold BRK.B. look at everything buffet owns. its basically a mini mutual fund.

[Steve]

One of the first stocks I ever bought. ETFs weren’t really a thing back then. No dividends, better growth, so great to hold in a brokerage account.

(Roths weren’t invented then either.)

[Jeremy]

Yes, I look at BRK.B as an etf-like company as well as BX which is similar but different.

[Chris]

I wouldn’t invest in Brk. If I were considering it, I would want to know why I wanted it. If I was waiting for a massive market crash like he is, I would keep cash on hand.

If I wanted to invest in Apple, Amex, Oxy, and fuel/finance companies, I would invest in those directly.

There is also added potential volatility in the event of his passing.

[Author]

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