3 ways Warren Buffett's protégé invests like him—and where she and the billionaire differ
Publishing timestamp: 2023-08-10 09:45:43
Summary
The article discusses Tracy Britt Cool, a former top lieutenant of Warren Buffett, and her approach to investing. She highlights three things she learned at Berkshire Hathaway: the value of permanent capital, the focus on long-term investments, and the importance of finding high-quality businesses with competitive advantages. While her approach echoes Buffett's in some ways, she also emphasizes the distinctions, such as focusing on smaller companies and providing more support to management. The article concludes by suggesting that for retail investors, investing in index funds like the S&P 500 may be a more practical approach.
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Tickers: BRK.A,
Keywords: warren buffett, berkshire hathaway inc,
Source: https://www.cnbc.com/2023/08/10/how-warren-buffetts-protege-tracy-britt-cool-invests-like-him.html