Number one is Berkshire Hathway. This one's a buy and hold forever stock because it gives investors exposure to a diversified collection of highquality businesses, disciplined capital allocation, and Warren Buffett's long-term investing philosophy.
Not to mention the behemoth cash pile they have to go buy more businesses when they start to fail big time in the next crash.
Is there something safe fund, something like that, Berkshire, that can do that for me?
We all seek for cheap funds, easy, and then Berkshire is still at 366 billion in cash. Which is 40 something percent of the balance sheet. Now Greg Abel is spending something I don't know whether me and Warren agree, but that's a different story.
