Published on 16 May 2024 on GuruFocus.com via Yahoo Finance
Tom Russo's Strategic Moves in Q1 2024: A Closer Look at Berkshire Hathaway's Adjustment
Insights into the Investment Shifts of a Veteran Value Investor
Tom Russo (Trades, Portfolio), the seasoned investor at the helm of Gardner Russo & Quinn LLC, has made notable changes to his investment portfolio in the first quarter of 2024. With a career that began in 1989 and a managing role since 2014, Russo manages over $8 billion in assets. His investment strategy focuses on companies with robust cash-flow characteristics and high returns on invested capital, favoring those with strong balance sheets and significant free cash flow.