An Analysis of Buffett’s Alpha
January 16, 2019 at 09:15 AM EST
A 2018 paper published in the Financial Analyst’s Journal analyzes the alpha created by Warren Buffett’s Berkshire Hathaway. The introduction, by authors Andrea Frazzini, David Kabiller, and Lasse Heje Pedersen (of AQR Capital management), reads: “While much has been said and written about Warren...