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Fund consultants like to require style boxes such as "long-short," "macro," "international equities." At Berkshire our only style box is "smart."

Warren Buffett
Smart, Long, Style
"Warren Buffett On Todd Combs, Berkshire's New Hedge Fund Superstar" by Joe Weisenthal, www.businessinsider.com. February 26, 2011.
Fund consultants like to require style boxes such as long-short, macro, international equities. At Berkshire our only style box is smart.