Class B shares of the company have lagged the S&P 500 by 37 percentage points in the past 12 months, the worst such stretch since 2000.
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In Tokio Marine, one of Japan’s “Big Three” non-life insurance groups, Berkshire is making a big bet on the country’s huge insurance sector.
Berkshire stock, which has lagged the S&P 500 for the past 12 months, fell Monday as results from Warren Buffett’s last quarter underwhelmed.
Greg Abel earned Warren Buffett’s trust and, eventually, his job. Here’s what you need to know about Berkshire Hathaway’s new, lower-key CEO.