Meh... Buffett's style has been declared out-dated before. I'm sticking to the advice he's offered, but I wouldn't sell him short either. I do think there are headwinds for BRK stock in an era where the company is already so large, and the "B" shares opened up the stock to be easily traded. It will be both more difficult for BRK as a company to find large enough investments to move the needle, and more difficult for BRK stock owners to have any advantage from the stock itself being undervalued.Leesbro63 wrote: ↑Fri May 15, 2020 8:24 am Another interesting piece on this topic:
“Opinion: Dud stock picks, bad industry bets, vast underperformance — it’s the end of the Warren Buffett era
Published: May. 15, 2020, 8:00 a.m. EDT
The chairman of Berkshire Hathaway seems to prefer the S&P 500 to his own company’s stock“
https://apple.news/AG2w8e_g0S7-EKpIGcNYytg
The author of that article seems to suffer from the "magic pockets" delusion about where dividends come from:
You can't take the cash out of the companies pocket to pay dividends, and expect the underlying value not to fall.Berkshire won’t spend any cash to pay a dividend, while it’s happy to collect dividends from the companies it owns. Even a modest dividend yield would have helped Berkshire shareholders narrow the gap with the S&P 500 over the past 11 years.