Does Berkshire Represent the Best of Exchange-Traded Funds? [View article]
Interesting theory. With Buffett you get a strategy with semi-active management. With an ETN like Wide Moat, you get a strategy with passive management.
One real difference is that Berkshire Hathaway is more like a closed-end fund than an ETF or ETN. As a result, tracking error becomes a bigger consideration.
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Interesting theory. With Buffett you get a strategy with semi-active management. With an ETN like Wide Moat, you get a strategy with passive management.
Aug 06 15:03 pm
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All Comments by etfwiz »Does Berkshire Represent the Best of Exchange-Traded Funds? [View article]
One real difference is that Berkshire Hathaway is more like a closed-end fund than an ETF or ETN. As a result, tracking error becomes a bigger consideration.
There was another post on SA about Buffett and tracking error at seekingalpha.com/artic....
Also, see Why Investors are Moving to ETFs at www.etfmarketpro.com/b... for more on tracking error.