Tom Russo: Berkshire To `Plow’ Money Into Burlington


 Gardner Russo & GardnerI found this great video of Tom Russo on Bloomberg TV. Russo keeps a low profile, but he is a great fund manager with a great track record. I could not find Russo’s current track record, but to my knowledge he has crushed the S&P500 since inception in 1989. Russo is General Partner of the Semper Vic Partners. He manages approximately ~$4 billion.

Russo likes companies that generate tremendous amounts of free cash flow and are cheap.  Russo tends to hold a very concentrated portfolio. Right now Philip Morris and Berkshire Hathaway comprise 33% of his portfolio. 35% of his portfolio is in financials, and 45% in consumer goods.


Jim O’Shaughnessy: Revisting The Ideas Buried In The Graveyard

graveyardValueWalk's Raul Panganiban interviews Jim O’Shaughnessy, Chairman, Co-chief Investment Officer, and Portfolio Manager at O'Shaughnessy Asset Management. In this part, Jim discusses revisting the ideas that got buried in the research graveyard and his favorite books. Q1 2020 hedge fund letters, conferences and more Oh, man. Yeah, for the the research graveyard, do you ever Read More

Russo commented on Berkshire’s plans for Burlington Northern Sante Fe in the video below: