Warren Buffett, the successful investor and founder of Berkshire Hathaway, recently stated that he and vice chairman Charlie Munger focus on selecting businesses rather than individual stocks.
The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 867 13F filings that hedge funds and well-known value investors are required to file by the SEC.
Many prominent investors, including Warren Buffett, David Tepper and Stan Druckenmiller, have been cautious regarding the current bull market and missed out as the stock market reached another high in.
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million holdings threshold to file a report that shows their positions at the end of every quarter.
In this article we are going to use hedge fund sentiment as a tool and determine whether B. Riley Financial, Inc. (NASDAQ:RILY) is a good investment right now.