This post is not to comment on the whole "Sokol Affair". It wasn't the most favourable public relations incident that Buffett ever experienced. The affair is largely in the past and frankly, I don't know enough to comment on it.
Although, I did notice that when Sokol was asked why he was leaving Berkshire, he answered that he wanted to focus on his family's investment affairs. Consequently, I started watching his actions on SEC. Evidently, he owns 21.5% of a firm called Middleburg Financial (MBRG). MBRG is a thinly traded bank holding company.
Sokol has been making purchases around the $15 mark, and he hasn't stopped as the market prices have come down.
This is highly speculative, but I suspect that Sokol is busy buying enough stock in this organization to take over the helm, in some shape or form. MBRG is currently selling at about book value. If, and that is a big if, Sokol is someone who has the mettle and temperament of a long term value investor, this may be a good opportunity for a casual investor to join him in on the ground floor. This could be akin to buying into Berkshire Hathaway in 1962.
This isn't the idea for me, because it is highly speculative. But there is a decent chance that MBRG at this price is a reasonable long term investment, even if Sokol's ownership doesn't materialize into anything substantial.
Full Disclosure: No position
