No. of Recommendations: 14
Given that 75% of the value is in just 5 companies, I don't think a detailed list adds much more information to the shareholders who of course can find the detail if they so wish in the 13-F and 10-K.
It's true that those forms do disclose a lot of information.
But they describe (are intended to describe) control of US entities, not to disclose what's in a manager's portfolio.
There are things that Berkshire shareholders own that aren't in the SEC forms (notably non-US positions), and vice versa (notably pension holdings).
So, though they kind of give a pretty good idea, it's not the "straight from the horse's mouth" list of beneficially owned share counts and cost bases that we were used to.
I miss it.
Jim
