In his latest letter to investors, Whitney TIlson of hedge fund T2 Partners, offered a mea culpa of sorts for missing the latest leg of the rally — underperformance that was due in large part to his ill-fated short positions.
His long book, however, has done well, and among his top picks is Berkshire Hathaway, which he’s been a fan of seemingly forever.
In fact, he’s more bullish than ever on the stock, which he calls a 75-cent dollar that’s growing its operating businesses, without full credit from investors.
For example, investors aren’t appreciating the Burlington Northern acquisition, which is already contributing nicely to the business.
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