Wallace Weitz Q3 Commentary “Uncertainty” is a permanent condition for investors. We pay attention to the macroeconomic and geopolitical backdrops, but we focus primarily on individual company valuations in making investment decisions. In recent months, as stock prices have risen faster than business values, we have been net sellers of stocks. We still like these companies and we would love a chance to buy most of them again at lower prices.
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Warren Buffett’s 2018 Activist Investment
Most investors are aware of Warren Buffett's most high profile long-term investments. However, there is one long term investment that is often overlooked. Q2 2020 hedge fund letters, conferences and more This is building materials maker USG, which was owned by Berkshire Hathaway for more than 17 years before it was acquired in 2018. If Read More