Next: Costco Does Health Care “Your margin is my opportunity.” –Jeff Bezos [Editor’s Note: Edina Realty is a subsidiary of a Berkshire Hathaway-owned entity.] For anyone horrified by spiraling U.S. medical costs, the just announced Amazon-Berkshire-JP Morgan initiative is welcome news. While the companies’ focus (at least initially) is to provide better care for their...Read More
Price Discovery, But Now With Fewer “Patsies” “If you’re playing poker for half an hour, and you don’t know who the patsy at the table is . . . it’s you.” –Warren Buffett As super-cheap exchange traded funds (“ETF’s”) proliferate, Wall Street is fighting back. The latest salvo: a new academic paper suggesting that ETF’s...Read More
Doing Deals on Napkins — and Toothpicks; or, “Bend it Like Beckham Buffett?” Probably Not [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. Edina Realty’s ultimate parent company is Berkshire Hathaway, whose CEO is Warren Buffett.] If Warren...Read More
