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Benzinga
Benzinga
Business
Vishaal Sanjay

Berkshire Hathaway's Buffett Premium Is Fading, Says Smead Capital's Chairman: 'We Sold The Last Of Our Berkshire' (CORRECTED)

Berkshire Berkshire Hathaway Warren Buffett Berkshire Hathaway Inc BRK
Berkshire,Hathaway,Investment,And,Finance,,Business,Concept.,Berkshire,Hathaway,Company

Editor’s Note: The story has been corrected to reflect the correct designation of Bill Smead.

Bill Smead, the chairman and chief investment officer of Smead Capital, has announced that his firm fully exited its position in Berkshire Hathaway Inc. (NYSE:BRK) last quarter, citing valuation concerns related to Warren Buffett's impending departure from the company.

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