Jefferies: 'Mini' Berkshire or 'Bizarro' Buffett?
With Jefferies (NYSE:JEF) chief executive Richard Handler set to take the reins of Leucadia National (NYSE:LUK) after their Monday merger the biggest unanswered question is whether in taking control of a conglomerate often referred to as a "mini" Berkshire Hathaway (NYSE:BRK.A) Handler can perform up to the standards to investing Superman Warren Buffett. Or as in the famed comic's storyline the deal simply molds a "Bizarro" Buffett with a company that becomes the antithesis of the investing Man of Steel's performance. After Monday's deal Jefferies employees and shareholders are likely still trying to figure out what exactly they are ...
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