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The man is a genius. Have you noticed he's dumped his long-standing holdings in the Washington Post? Should have done it years ago but I guess he had a sense of loyalty to Katherine Graham who was still alive back then. His best timed sale, in my opinion, was Petro China.

This is your first post - welcome to the forum. Good point Galumay. BH is indeed a whale of a company. There's even talk of including it in the Dow Jones 30 index. Personally, I'm keener on small caps myself - even if they have a tendency to go belly-up more often than they should.

As brilliant and benevolent as he is, I am no longer a huge fan of Warren Buffet's stock picking style these days. Buffett today is so different from the young, aggressive fellow that he was back in the 1950s - 1970s. In those days he was not interested in modest, incremental gains, as he...