Is Waislitz a new Buffett?

The float of a new fund by billionaire investor Alex Waislitz has Buffett written all over it.

Australian share investors have long been looking for a local Warren Buffett … a master of the market they might invest alongside. But, to date, no single listed company has emerged as the Berkshire Hathaway of the ASX. Sure, there have been market masters: Kerr Neilson at Platinum Asset Management is a king of offshore markets, David Paradice shines in the small cap space; even the Packer family has at times carried a legion of investors in its wake.

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