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Like Buffett, only better

March 09, 2006

Berkshire Hathaway's earnings tumbled 29% in 2005, excluding an accounting gain. So why follow Buffett? Here are two companies that play the same game but get better returns.

Oh, lords of the market, let this be the last straw. The last paean from the pious. The last time we must see simpering reporters, Rotarians and retirees blow kisses to a man once celebrated as the Oracle of Omaha but now best described as the Natterer of Nebraska.

Surely there was a time when Warren Buffett was a chief executive worth studying, and even investing alongside. But it sure seems like that time is long past, particularly in contrast to a couple of similar, but much better, conglomerateurs that I’ll introduce you to in a moment.

http://moneycentral.msn.com/content/P145831.asp#msnhp


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