Warren Buffett News: Berkshire Hathaway Inc. (BRK.A)’s Anticipation, The Coca-Cola Company (KO)’s Marketing Strategy & More

Warren Buffett’s bubble cash-out strategy revealed in 38-year-old letter (SCMP)
Here is Warren Buffett’s pension fund management advice in a nutshell: be patient, buy only a few things, ignore the stock market until it becomes irrationally optimistic, at which point sell. A recently released 1975 letter from Buffett to Washington Post owner Katharine Graham on the subject offers new insight into how early Buffett was to grasp both the difficulties of pension fund management and the inability of Wall Street to provide adequate solutions. Perhaps even more valuable is the way the letter throws light on Buffett’s approach to value investing. Buffett tries to act not like a typical fund manager but like a company owner thinking about buying another company.

4 stocks Warren Buffett, insiders are betting on (Marketwatch)
Quarterly filings from Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A) +0.41% are highly anticipated in the financial community — many investors and market watchers are at least somewhat curious what Buffett has been doing, and may find some of his picks to be interesting initial ideas. We track Berkshire’s filings over time, alongside with those of hundreds of other notable investors, including hedge funds, as part of our work developing investment strategies. Our research shows that the most popular small-cap stocks among hedge funds earn an average excess return of 18 percentage points per year (learn more about our small-cap strategy) and our own portfolio following this strategy outperformed the S&P 500 by 33 percentage points in the last 11 months.

Investing Wisdom From Warren Buffett’s Amazing 19-Page Memo (DailyFinance)
In the summary of a 19-page memo Warren Buffett sent to the Washington Post’s Katharine Graham in 1975, he wrote: A mildly non-conventional investment approach, emphasizing a business approach to security selection, gives some opportunity for long-term results slightly above average without corresponding increase in investment risk. According to Fortune, this simple advice may have saved Washington Post’s pension plan. It also remains the most sensible investment strategy around for ordinary investors, in my opinion.