Barron’s Magazine likes BlackRock $BK. With good reason. The trend is to low fee ETF’s and BlackRock has a the market tied up. Hard to argue about the base case. Some more discussion on entry point is warranted.
The other end of the scale is Berkshire Hathaway. The exact opposite of passive they make large bets and are actively managed. They like Coke not Pepsi. They like IBM despite Warren Buffett’s publicly stated aversion to technology nuanced with his close relationship with Bill Gates. So far the cult has been happy. Buffett does have the golden touch.
So picking one stock vs another is an investing psychology behavioural tell.
If you invest in both are you schizophrenic and doomed to poor results?
George Gutowski writes from a caveat emptor perspective