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.
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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
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