An Analysis of Berkshire Hathaway
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Although the Standard & Poor's 500 is the most commonly used measure of the performance of
the U. S. stock market, it is sometimes argued that, because this index is so heavily populated
with high quality, large capitalization stocks, it may not be an appropriate benchmark with which
to compare a mutual fund which may be invested in lower quality, smaller capitalization stocks.
The obvious refutation: If one can obtain a higher return by investing in...
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An Analysis of Berkshire Hathaway
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An Analysis of Berkshire Hathaway
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