The surprise resignation of leading Warren Buffett successor David Sokol, raised many unanswered questions on Thursday.
Discussing whether anyone can really succeed Warren Buffett, with Robert Miles, "The Warren Buffett CEO author, and Andrew Ross Sorkin, New York Times.
Repeatedly insisting that he did nothing wrong, David Sokol tells CNBC that looking back in light of widespread criticism, he still would have bought shares in Lubrizol, but wouldn't have told Warren Buffett anything about the company, including his belief that it would be a good acquisition for Berkshire Hathaway.
Fifteen hours after disclosing that heir apparent David Sokol would be leaving the firm (officially because he wanted to spend more time with his family, but most believe because Sokol had bought shares of Lubrizol before a deal to purchase the company was announced), there Mr. Sokol was, on Squawk Box, insisting he did nothing wrong.
This is a live blog of David Sokol's exclusive interview on CNBC's Squawk Box. He is discussing his surprise resignation and the revelation that he personally bought shares in Lubrizol before recommending to Warren Buffett that Berkshire Hathaway buy the company.
David Sokol, former Berkshire Hathaway executive, tells CNBC why he left the company and plans to start his own "mini-Berkshire Hathaway." Sokol says Buffett did not try to talk him out of resigning this time. This is the full interview with CNBC's Becky Quick.
In an "unusual", to say the least news release tonight, Warren Buffett announced the sudden resignation of David Sokol, the Berkshire Hathaway executive who had been widely expected to eventually succeed him as Berkshire's CEO.
CNBC's Becky Quick offers an update to David Sokol's sudden exit, particularly since he was seen as a potential heir apparent to Warren Buffet. Some of Sokol's trading activity in Lubrizol, executed prior to Berkshire's offer, may have had something to do with his decision. Andrew Ross Sorkin, NY Times; Tom Curran, attorney with Peckar & Abramson; Jeff Matthews, Ram Partners; and James Altucher, Formula Capital, discuss what they believe may have happened.
If shares of Berkshire Hathaway sell-off more than 1% in the wake of recent developments top hedge fund manager Whitney Tilson says the stock is a buy.
Anne Hathaway and Warren Buffet have recently been linked in the media—though not romantically, thank god.
Warren Buffett told CNBC Thursday that the collapse of the euro zone's single currency is far from "unthinkable." "I know some people think it's unthinkable...I don't think its unthinkable," Buffett said.
CNBC's Becky Quick has the highlights from billionaire investor Warren Buffett's trip to India.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
CNBC's Becky Quick goes along on Warren Buffett's tour of India, which he is visiting for the first time, and where he is kicking off a new car insurance venture.
Here's what you should be watching Tuesday, March 22.
"We have not exhausted our potential for significant acquisitions, that's for sure," Warren Buffett, the chairman and CEO of Berkshire Hathaway, told CNBC.
Billionaire investor Warren Buffett says Berkshire Hathaway will not exercise its $5 billion of warrants in Goldman Sachs immediately, even though doing so would result in a profit of nearly $2 billion.
Goldman Sachs is paying back its $5 billion loan from Berkshire Hathaway, cutting off Warren Buffett's beloved stream of $500 million in annual dividends from the Wall Street giant.
Warren Buffett tells CNBC's Becky Quick tonight that he won't be going to Japan next week, as had been originally planned.
Warren E. Buffett’s “elephant gun” and itchy “trigger finger” may be the market chatter, after Berkshire Hathaway announced a $9 billion deal to buy Lubrizol on Monday, the New York Times reports.