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The fund of funds?

2 May 2008 By Richard Beales

The fund started by Bill Ruane, a pal of Buffett’s, is taking new investors for the first time in 26 years. It has a track record, a good manager and a nimble scale. Unlike Buffett s Berkshire Hathaway, it also pays cash out. But Berkshire stock might still have the edge.

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