Buffett’s Berkshire Is Being Packaged Into a Leveraged ETF

Published On Nov 13, 2024, 1:56 AM

Berkshire Hathaway is being packaged into a new leveraged ETF by South Korea's Kiwoom Securities and Tidal Investments, aiming to provide 200% of the daily performance of Berkshire's Class B shares. This move reflects growing interest in U.S. stocks among South Korean retail investors, particularly as domestic equities struggle. Although leveraged ETFs can amplify returns, they are designed for short-term speculation, which conflicts with Warren Buffett's long-term investment philosophy. The ETF is currently pending regulatory approval in South Korea. This trend raises questions about the appeal of Berkshire as a target for leveraged trading given its historically steady performance.