, 3 tweets, 2 min read Read on Twitter
This WSJ writer doesn't understand the difference between (1) Buffett using value as an analytical style and (2) value as a factor in creating an index fund. The first use of the word "value" has nothing to do with the second. google.com/amp/s/www.wsj.…
Buffett is miserable according to the WSJ author. This chart would indicate Berkshire is in a good place as the sixth largest company in the world.
The online WSJ version of the article completes the trifececta with a headline that claims the study about a factor in a index fund based on "ratios of book equity to market equity" indicates that that the Amazon investment by Berkshire was made during "a dangerous stretch."
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