Sep
28
When Warren Buffett Runs Your Pension Plan
ByFunds at Berkshire Hathaway companies have concentrated, stock-heavy portfolios.
For Warren Buffett, taking the road less traveled has often led to better investment returns. One often overlooked example: how he’s approached the $15 billion in pension plan assets at his conglomerate, Berkshire Hathaway Inc. Over the next several weeks, subsidiaries such as the Buffalo News and Geico will likely file detailed reports to the U.S. Department of Labor about their plans. The documents make for dry reading. But they reveal a strategy that’s unlike just about any other company’s…