'Long-Only' Funds Lose Their Hedge

[OracleofCarolina]

http://m.us.wsj.com/articles/SB10001424052702304672404579186384097828204?mg=reno64-wsj

 

Craig McBeth, a protégé of Todd Combs, a former hedge-fund manager handpicked by Warren Buffett to help manage his company's investments, left Berkshire Hathaway Inc. this year to launch a fund that will make bets on a handful of companies. "We anticipate short positions will be rare: we believe they are inherently inferior to our best long ideas," said a marketing document for Mr. McBeth's new Judson Founders Fund that was viewed by The Wall Street Journal.

[Mephistopheles]

Interesting, I didn't know that Weschler/Combs had analysts working for them. For some reason I thought they did all the analysis by themselves like Buffett.

[Palantir]

^ I agree, very interesting.

 

This chap is also an analyst at Berk:

 

http://www.linkedin.com/profile/view?id=54082724&authType=name&authToken=0g8y&trk=prof-sb-browse_map-name

 

 

[Grenville]

^ I agree, very interesting.

 

This chap is also an analyst at Berk:

 

http://www.linkedin.com/profile/view?id=54082724&authType=name&authToken=0g8y&trk=prof-sb-browse_map-name

 

I noticed his name too, but I think he is an analyst in NY for the insurance division. See the wording under his name.

[ExpectedValue]

Interesting, I didn't know that Weschler/Combs had analysts working for them. For some reason I thought they did all the analysis by themselves like Buffett.

 

Buffett has used analysts too - I think this is part of the role that Tracy Britt performs, also he had Ian Jacobs:

https://www.santangelsreview.com/ian-jacobs-the-402-fund/