The innovative structure of Berkshire Hathaway stands out—and benefits shareholders.
In the never-ending search for the next Warren Buffett, most people are lost.
Hunting for a great stock picker is necessary, but not sufficient. You also need to find a great stock picker who isn’t a pickpocket.
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This article was originally published on The Wall Street Journal.
Further reading
Benjamin Graham, The Intelligent Investor
Jason Zweig, The Devil’s Financial Dictionary
Jason Zweig, Your Money and Your Brain
Jason Zweig, The Little Book of Safe Money