Buffett’s snafu: Excusing Sokol’s trade in Lubrizol

David Sokol was pitching the company to Berkshire as an acquisition candidate. When Berkshire announced it was buying Lubrizol, the stock soared and David Sokol pocketed a cool $3 million. Sokol fell into the classic trap of the rich and powerful, blowing reputation over trivia. But why did Buffett stay silent?

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Sokol sticks to his guns

The former Berkshire Hathaway executive remains defiant, rubbishing all charges of insider trading. But the voices against him are growing louder.

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What will the Oracle target next?

There could be life beyond Sokol. Here are five potential Buffett targets.

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COMMENTS

pinakin mamtora

6 years ago

Team MoneyLife: Please put out a list of BSE/NSE listed companies which meet Mr.Warren Buffet's Value Investing criteria & which he is likely to buy from the Indian bourses.Thanks.

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