Berkshire Hathaway ETF???
vic
like Berkshire Hathaway BRK-A
It would be a great way to attract investors who can't afford the BRK-
A price.
Is there a play that comes close to mirroring Buffets stock?????????
Blash
victo...@gmail.com wrote on 11/1/07 9:58 AM:
BRK-B
PeterL
BRK owns whole companies, so it's tough to mirror it. There are MF's
that's managed in Buffett style.
Uncle_vito
shares of B and am totally happy.
Vito
"Blash" <bla...@comcast.net> wrote in message
news:C34F610D.95A80%bla...@comcast.net...
lubow
However, I am somewhat surprised that a Christiana Securities type of stock
has not emerged on the scene.
Christiana Securities was the vehicle the DuPont family used to control
their chemical company with only 25% of the stock. Christiana held about
45-50% of DuPont stock and the DuPont family held 50% of Christiana. DuPont
has been re-capitalized since then and Christiana no longer exists.
I do not think it is possible for any entity to own 50% of Berkshire
Hathaway, but I cannot see why a C-corporation cannot get some venture
capital to buy, say 200 shrs of BRK-A stock and divide that by a million
shares.
--
Lubow
To see my stock picks go to www.stockpickr.com Enter lubow in
Portfolio/Stock box
"vic" <victo...@gmail.com> wrote in message
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Don Tiberone
Well, there's a closed end fund BTF which has about 28% in Berkshire.
lubow
The other stocks look to have been selected off Geraldine Weiss' undervalued
list, e.g., broken stocks like WMT, C and WM.
--
Lubow
To see my stock picks go to www.stockpickr.com Enter lubow in
Portfolio/Stock box
"Don Tiberone" <s_kn...@my-Deja.com> wrote in message
news:1194204509.4...@o3g2000hsb.googlegroups.com...
Charlie Perrin
>I think it would be illegal if a mutual fund had as its sole asset BRK-A/B.
IIRC, a mutual fund is limited to 10% in any one company and 20% in
any one industry.
Don Tiberone
A number of my mutual funds have well over 10% in one stock. FAIRX has
about 16% in both BRK-A and CNQ. FBRVX has 14% in PENN and 10% in
AMT. CMGFX has about 50% in energy and commodities. FAIRX has about
30% in energy.
Bill Reid
Charlie Perrin <nikv...@sbcglobal.net> wrote in message
news:n60ti3905ekg3dls0...@4ax.com...
There are no such LEGAL limitations. However, as a matter of
portfolio policy many, if not most, mutual funds limit the percentage
of a single stock they own, usually 5% for many of the largest funds.
This tends to affect the stock price of very large-cap companies
who are owned widely by many mutual funds whose shares rise to
the point that portfolio position exceeds the limit. You'll tend to
see a "mysterious" hitch in their price rise right about that time,
and is another reason why the stock of VERY large companies
tends to perform less well relative to smaller companies with
similar fundamental growth and profitability...
---
William Ernest Reid
Post count: 846
Blash
> There are no such LEGAL limitations. However, as a matter of
> portfolio policy many, if not most, mutual funds limit the percentage
> of a single stock they own, usually 5% for many of the largest funds.
Another hitch this causes is when a fund owns their limit in Company A &
their limit in Company B.......If A & B merge, there's gonna be a lotta
stock for sale.......
Dr Tormento
There are two categories of mutual funds: diversified and non-
diversified.
diversified investment company
Definition
A mutual fund or unit investment trust that invests in a wide variety of
securities, and is allowed to have no more than 5% of its assets in a
single company, or to have 10% of a company's voting shares.
http://www.investorwords.com/1506/diversified_investment_company.html
Obviously, the funds you are referring to are organized as non-
diversified funds.