Berkshire Hathaway had exceptional performance so far this year. We use quantitative analysis of its stock returns to provide some clues.
Warren Buffet
2017 Yale endowment report rebuts Warren Buffett’s 2016 Berkshire Hathaway investor letter that “financial ‘elites’”, including endowments, are better off investing in low fee index products and not “wasting” money on active managers’ hefty fees. We did our own calculations and here’s what we found…