Longtime Berkshire Hathaway Investor Loses Faith in Warren Buffett

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

He cites Buffett’s investment sins of omission and commission in the past decade. via BarronsOnline

A longtime holder of Berkshire Hathaway sold out of the stock in the second quarter, citing investment mistakes by Chairman and CEO Warren Buffett over the past decade, meager stock repurchases, and the drag of a cash hoard that totaled $122 billion on June 30.

“Thumb-sucking has not cut the Heinz mustard during the Great Bull Market of 2009-2019,” wrote David Rolfe, the chief investment officer of Wedgewood Partners, a St. Louis investment firm. “The Great Bull could have been one helluva of an astounding career denouement... Subscribe or Sign In to continue reading.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

barronsonline Bingo!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Longtime Berkshire Hathaway shareholder sells stake, accusing Warren Buffett of 'thumb-sucking'David Rolfe, a longtime Berkshire Hathaway shareholder and CIO at Wedgewood Partners, is fed up with Warren Buffett. I agree, Berkshire is just not an attractive investment anymore. buffett is an idiotic hateful liberal who campaigned for crooked hillary $BRK.B has gone sideways the past two years along with the rest of the market. Prior to that, the stock went on an incredible run. “If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.” From the man himself.
Source: CNBC - 🏆 12. / 72 Read more »

These Are The Biggest Givers On The Forbes 400Warren Buffett, Bill Gates and George Soros lead the list of the most philanthropic billionaires in the U.S., giving away a combined total of $93.3 billion in their lifetime. He is righteous
Source: Forbes - 🏆 394. / 53 Read more »

Nobel laureate Robert Shiller unloads on market excesses, plus an exclusive chat with the 'Warren Buffett of bonds'Investing Insider is your one-stop shop for high-profile investor interviews, trade recommendations, and actionable analysis.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Elizabeth Warren escalates Facebook ad feudA days-long feud between Sen. Elizabeth Warren and Facebook intensified over the weekend as Warren openly accused the company of 'taking money to promote lies.' senatorwarren is merely putting her money where her mouth is. Smart move by a savvy woman!✊🏽👏🏾 I didn't hear Warren complaining when Facebook was censoring conservatives during the gay marriage fight. Picking and choosing sides much? hypocrite ewarren Yeah. Fb allowing Trump to spend $1m a day on lies/ads bc “freedom of speech” is def taking money to promote lies. I’ve said it a million times if I’ve said it once... FUCK FACEBOOK
Source: CNN - 🏆 4. / 95 Read more »

Vatican security chief resigns after uproar over leakDomenico Giani, the Vatican's longtime security chief and Pope Francis&039... 不喜欢这个左棍白秃子,借上帝的名义装腔作势,一定祸害了不少小男孩! he can go away we don't need it. her origin and the country where he come from can let you know more about the cross he will never have. Yes! Yes! Yes! And the UN can’t make payroll!!!
Source: Reuters - 🏆 2. / 97 Read more »

How Marie Newman Plans to Unseat an 8-Term Illinois Congressman'My daughter, Evie transitioned four and a half years ago, and I couldn't help but think Trump's election just might put us back 20 years in terms of people's rights. I had to do something.' - marie4congress WhyIRan
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »