I second that, Tiger! The Global Masters Fund (ASX: GFL) sounds...

I second that, Tiger! The Global Masters Fund (ASX: GFL) sounds like a good idea in theory, but if you want to invest in Berkshire, you're far better off doing it directly. I still don't understand why GFL requires four directors to be paid an aggregate of $41,000 to invest in one stock. This in addition to the fact that GFL's share price does not track that of Berkshire's, but typically trades at a huge discount to NTA despite their regular buybacks.

Even Buffett himself has spoken out against these LICs.