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Q: BERKSHIRE HATHAWAY Fund Tracker ( Answered,   1 Comment )
Question  
Subject: BERKSHIRE HATHAWAY Fund Tracker
Category: Business and Money > Finance
Asked by: questionguy-ga
List Price: $2.00
Posted: 08 Dec 2003 11:54 PST
Expires: 07 Jan 2004 11:54 PST
Question ID: 284820
I once heard of a fund or stock that tracked BERKSHIRE HATHAWAY and
had about equal holding percentages in the stocks that BRK had... I
forgot what it was... Similar to QQQ for NASD...
Answer  
Subject: Re: BERKSHIRE HATHAWAY Fund Tracker
Answered By: pinkfreud-ga on 08 Dec 2003 12:36 PST
 
I believe you're looking for the Wisdom Fund (WSDVX):

"The Wisdom Fund seeks to emulate as closely as possible the
investment management policies of Berkshire Hathaway Holdings (BHH).
The Fund will seek to achieve this objective by investing as closely
as possible in the securities known to be owned by BHH. BHH generally
holds investments in common stocks of both publicly traded and
privately held companies. The Fund's holdings will be primarily
composed of both securities substantially identical to those publicly
traded securities owned by BHH, and securities which the advisor
believes possess similar characteristics to those of the privately
held companies owned by Berkshire Hathaway, to the extent those
investments
by Berkshire Hathaway are publicly known. It is the intent of the Fund
to own each security in the same relative percentage as that security
represents in the total investment portfolio of BHH."

Wisdom Fund
http://www.wisdomfund.com/

"One mutual fund, The Wisdom Fund (WSDVX), mirrors Berkshire by buying
shares in every public company that Berkshire owns; it also gains
stakes in public companies that are most like the companies that
Berkshire has taken private."

MSN Money Central
http://moneycentral.msn.com/content/invest/extra/P56819.asp 

Google Web Search: "wisdom fund" + "berkshire hathaway"
://www.google.com/search?hl=en&ie=UTF-8&oe=UTF-8&q=%22wisdom+fund%22+%22berkshire+hathaway

I am confident that this is the fund you're seeking. If it is not, or
if anything is unclear, please request clarification; I'll gladly
offer further assistance before you rate my answer.

Best regards,
pinkfreud
Comments  
Subject: Re: BERKSHIRE HATHAWAY Fund Tracker
From: inertia-ga on 16 Feb 2004 18:41 PST
 
Here's a chart that compaires WSDVX to BRKa and BRKb.  You be the judge.

http://finance.yahoo.com/q/bc?s=WSDVX&t=2y&l=on&z=l&q=l&c=BRKa,BRKb

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