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By Joyce Hanson, AdvisorOne |
March 4, 2013
In his annual letter to shareholders, Warren Buffett admitted disappointment in his company’s 2012 performance, including the bad news that Berkshire stock underperformed the benchmark S&P 500 index.
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By Marlene Y. Satter, AdvisorOne |
May 2, 2011
Buffett termed the situation surrounding David Sokol and the acquisition of Lubrizol "inexplicable and inexcusable," and Munger said the involvement of investment bankers in helping to hide the gravity of Greece’s debt situation was “perfectly disgusting.”
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By Marlene Y. Satter, AdvisorOne |
April 28, 2011
Berkshire directors said that the former heir apparent to Buffett misled the company over his ownership stake in Lubrizol, which was set for acquisition by Berkshire.
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By Kathleen McBride, AdvisorOne |
April 5, 2011
Executives in an Argyle Executive Forum poll say "Sokol’s personal purchases of Lubrizol stock in the months prior to Berkshire Hathaway’s acquisition of the company were unethical."