Warren Buffett’s Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%.Bloomberg | Bloomberg | Getty ImagesEvery so often, a hot new investor on the rise is crowned “the next Warren Buffett” by the financial media, followed swiftly by disappointing performance that proves they’re no “Oracle of Omaha.” Sam Bankman-Fried, now facing criminal charges, is an extreme case.But even beyond the disgraced founder of of the FTX crypto exchange, others have suffered the curse of being lauded as The Next Buffett. Pershing Square’s Bill Ackman, former Sear’s CEO Eddie Lampert, Social Capital’s Chamath Palihapitiya were all called “the next Warren Buffett” at one stage or another of their careers, but none of their track records comes close to matching the 92-year-old investing legend.By now, investors can stop looking. “The next Warren Buffett” remains Warren Buffett alone.Sui generisSince taking control of Berkshire Hathaway in 1965, Buffett has proven himself sui generis — one of a kind, unique, in a class by himself …
