[ericpauley]

Nit from the end-note:

> On the date of publication, Caleb Naysmith did not have (either directly or indirectly) positions in any of the securities mentioned in this article.

Hard to imagine someone who invests would have no indirect positions in BRK. Any broad-market ETF would have substantial exposure.

[ameliaquining]

If you click through to the fine print, it says, "THIS DISCLOSURE POLICY DOES NOT EXTEND TO BROAD-BASED ETFS / ETPS OR MUTUAL FUND HOLDINGS."

[rtkwe]

I think that's still fair, market following ETF/mutual funds are kind of the gold standard for avoiding conflict of interest issues. It's what my job forces me into to make avoiding insider training easier.