Warren Buffett’s protege builds a mini Berkshire

Tracy Britt Cool spent a decade working for Warren Buffett. She now wants to buy the kind of companies that might have interested the famous investor 30 or 40 years ago.

These are typically founder- or family-owned businesses that have strong performance and competitive “moats” — a term Mr. Buffett favors — but aren’t big enough to attract the attention of Berkshire Hathaway Inc. today.


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