Comments on: The Hedge Fund Debacle http://www.fwallstreet.com/article/53-the-hedge-fund-debacle/ Value Investing Blog Mon, 16 May 2011 10:55:06 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: eddie sse http://www.fwallstreet.com/article/53-the-hedge-fund-debacle/#comment-3562 eddie sse Wed, 01 Dec 2010 10:53:14 +0000 http://www.fwallstreet.com/article/53-the-hedge-fund-debacle#comment-3562 i want to start a hedge in my country, Uganda because i think is a way to go, am i wrong i want to start a hedge in my country, Uganda because i think is a way to go, am i wrong

]]> By: Peter J Barban http://www.fwallstreet.com/article/53-the-hedge-fund-debacle/#comment-226 Peter J Barban Wed, 29 Aug 2007 06:03:35 +0000 http://www.fwallstreet.com/article/53-the-hedge-fund-debacle#comment-226 Thanks Joe. I appreciate the analysis you offer on your site. Oh, If you have any spare time, I'd love to see a full post comparing BRB/B with index funds. Thanks Joe.

I appreciate the analysis you offer on your site.

Oh, If you have any spare time, I’d love to see a full post comparing BRB/B with index funds.

]]> By: Joe Ponzio http://www.fwallstreet.com/article/53-the-hedge-fund-debacle/#comment-222 Joe Ponzio Tue, 28 Aug 2007 18:21:59 +0000 http://www.fwallstreet.com/article/53-the-hedge-fund-debacle#comment-222 Hi Peter, BRK/A and B are the same, except that B shares are worth 1/30th of the price and have less voting rights. Because of that, both classes of Berkshire fall under the same valuation and have the same outlook. I know - index funds don't really offer any excitement or potential for superior returns. If you want to be super-lazy (nothing wrong with that) and no index funds, you may want to look for a closed-end, non-diversified mutual fund with a Buffett-esque manager. Just be sure to buy it when it is trading at or below its net asset value. As an aside, investing like a business owner is about as "lazy" as one can get. Find a business, value it, buy it at a discount, and hold on. Until your company ceases to be wonderful or the price finally catches up to value, you don't even need to look at your stocks. Hope that helps. Hi Peter,

BRK/A and B are the same, except that B shares are worth 1/30th of the price and have less voting rights. Because of that, both classes of Berkshire fall under the same valuation and have the same outlook.

I know – index funds don’t really offer any excitement or potential for superior returns. If you want to be super-lazy (nothing wrong with that) and no index funds, you may want to look for a closed-end, non-diversified mutual fund with a Buffett-esque manager. Just be sure to buy it when it is trading at or below its net asset value.

As an aside, investing like a business owner is about as “lazy” as one can get. Find a business, value it, buy it at a discount, and hold on. Until your company ceases to be wonderful or the price finally catches up to value, you don’t even need to look at your stocks.

Hope that helps.

]]> By: Peter J Barban http://www.fwallstreet.com/article/53-the-hedge-fund-debacle/#comment-220 Peter J Barban Tue, 28 Aug 2007 06:16:12 +0000 http://www.fwallstreet.com/article/53-the-hedge-fund-debacle#comment-220 Hi Joe, For your reference, I'm a novice investor. I read your post on why BRK isn't a great buy right now. I really don't want to put in the effort to be an intelligent stock picker, but index funds are so blah. How about comparing BRK/B with index funds? On the surface they both have buy-and-forget potential, but Buffet seems to get better results and work more cheaply than Bogle. In other words, can BRK/B be a better choice that SPY for a lazy investor? Hi Joe,

For your reference, I’m a novice investor. I read your post on why BRK isn’t a great buy right now. I really don’t want to put in the effort to be an intelligent stock picker, but index funds are so blah. How about comparing BRK/B with index funds? On the surface they both have buy-and-forget potential, but Buffet seems to get better results and work more cheaply than Bogle. In other words, can BRK/B be a better choice that SPY for a lazy investor?

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