Buffett disciple says capital discipline is an ‘adage’ at Berkshire Hathaway

Thomas Russo became a value investor more than 40 years ago after meeting Warren Buffett at Stanford Business School in the early 1980s. Incorporating Buffett’s style of value investing, Russo managed to grow assets in his Semper Vic Partners funds at Gardner Russo & Quinn to more than $9 billion. Watch what he expects from the annual Berkshire Hathaway shareholder meeting and where he’s finding opportunities in today’s tricky market.