Tristan Yates

Foreign Investing and Diversification Lessons From Berkshire Hathaway

Good article. It looks to me that Buffet has a knack for picking large, growth, low-beta stocks that provide exceptional returns, which is really something when you consider that all of those factors are supposed to give you *lower* returns. And he is very well diversified - its not like he owns Coke and Pepsi. He picks a strong performer in an industry and holds it.

36-Month ETF Correlations with Russell 3000

I'm not sure that 36 months is enough of a time frame to use for this research, especially given health care's underperformance and energy's outperformance during the period. If you use the Sector SPDRs, like XLF, XLV, etc, you have a more data to work with.