FT: Cash flush Berkshire misses rally, shares tumble as Buffett prepares to leave

FT: Cash flush Berkshire misses rally, shares tumble as Buffett prepares to leave

Conglomerate’s stock underperforms market by second widest margin since 1990
Published on

Key topics:

  • Berkshire shares fall 14% since Buffett announced retirement in early May

  • S&P 500 outpaces Berkshire, raising concerns over post-Buffett leadership

  • Buffett halts buybacks, sits on record cash as tech stocks drive market gains

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By Eric Platt in New York

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