Buffett’s firm says former executive broke ethics policy with trades; Sokol denies wrongdoing
OMAHA, Neb. – Berkshire Hathaway said Wednesday that a former executive believed to have been in line to succeed Warren Buffett as CEO violated
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Buffett’s Berkshire Could Sue Sokol
Sokol announced his resignation from Berkshire last month, citing a desire to build his personal wealth and spend more time on philanthropic causes, but various press reports later reported that he bought nearly 100,000 shares of Lubrizol in advance of Berkshire’s formal acquisition offer, casting a dark cloud over Buffett’s firm.
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Berkshire says former exec violated company policies
Berkshire says former exec violated company policies By JOSH FUNK The Associated Press Published Apr 27, 2011 06:33PM MDT Omaha, Neb. • Berkshire Hathaway said Wednesday that a former executive believed to have been in line to succeed Warren Buffett as CEO violated the company’s insider trading and ethics policies by buying stock in a chemical company Berkshire is acquiring and failing to …
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Berkshire Hathaway Gets An “I” For Incomplete On Sokol Investigation
Plausible deniability. Warren Buffet’s “notoriously decentralized” management style makes it very easy for him to consistently claim it.
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Says current economic policy on right path down rocky road
I suggest you turn off right-wing radio and TV and seek factual material. A recent reliable article (The New York Times , Nov. 16) by Warren Buffett thanked the government and the Fed for saving the country from economic disaster. He gave details, not opinion.
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Is This Value Stock a One Trick Pony?
The hunt for quality small cap stocks can lead investors to some unusual places. Often, to stay on track I’ll consider one of Warren Buffett’s guiding…
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The Snowball: Chapters 5, 6, 7 & 8
By Saj Karsan. Warren Buffett chose Alice Schroeder to be his biographer, granting her access to his personal life like no outsider has ever been granted. In The Snowball, she is rather frank and is not always complimentary of the investing legend, which has apparently led to a rift between the two. Here follows a summary of the book. Read more » »
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Meet The 9 Fund Managers That Warren Buffett Knew Would Outperform The Market
Warren Buffett knew 9 fund managers who followed value investing approach would beat the market . In 1984, he gave a speech arguing that the Efficient Market Hypothesis is bogus. He listed 9 fund managers who always bought the business -not the stock- and performed much better than did the market.
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