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.
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