Berkshire wannabes latest alternative investing trend


The chief executive officers of KKR & Co, Brookfield Asset Management and Pershing Square Capital Management have touted aspects of the Berkshire investment model. — Bloomberg

NEW YORK: The newest trend in alternative investing is trying to look like Warren Buffett’s conglomerate, Berkshire Hathaway Inc.

The chief executive officers (CEOs) of KKR & Co, Brookfield Asset Management and Pershing Square Capital Management have touted aspects of the Berkshire investment model, which centres on taking in money through insurance and using it to buy and hold companies for the long term.

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