LICs Are More Tax Effective Than ETFs and Direct Shares

The Good Oil podcast is back with a new set of listener questions. This week's question comes from anonymous caller Anon. Do you think Berkshire Hathaway shares will drop more than perhaps a couple of percent whenever Mr Buffett announces his retirement? Or put conversely, do you think the value investing to Berkshire is not lost on me and I can recommend some similar companies or managed funds which has a same strategy in the U.S.? We'll like to believe so - we're here in person if you want us to answer it.