Profs. Frazzini and Pedersen's research on Warren Buffett's investments is featured
— December 7, 2013
Excerpt from Motley Fool -- "After analyzing the universe of stocks that traded publicly for at least 30 years between 1926 and 2011, the authors concluded that Berkshire Hathaway, under Buffett's stewardship, had the highest Sharpe ratio (which measures risk-adjusted performance) of them all. On top of this, the authors found that Buffett had a higher Sharpe ratio than 'all U.S. mutual funds that have been around for more than 30 years.'"