The Gabelli Global Rising Income and Dividend Fund on Berkshire Hathaway Inc.
Thesis
Gabelli emphasizes Berkshire's diversified operating businesses, autonomous subsidiaries, and disciplined central capital allocation. The company has a fortress balance sheet and substantial cash available for opportunistic investments. Its long record of compounding supports the fund's view of Berkshire as a durable long-term capital allocator.
“The firm has a fortress balance sheet with substantial cash from which to make opportunistic investments.”