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Benzinga
Benzinga
Business
Rishabh Mishra

Michael Burry Warns Berkshire CEO Greg Abel Lacks Warren Buffett’s ‘Patience for the Fat Pitch:' ‘My Biggest Fear…Has Come True’

Warren Buffet Greg Abel Michael Burry Berkshire BRK Berkshire Hathaway New NYSE Nasdaq
Warren Buffet testifies before the House finance subcommittee in 1991

Famed investor Michael Burry has sharply criticized Berkshire Hathaway Inc.‘s (NYSE:BRK) new CEO, Greg Abel, claiming he lacks predecessor Warren Buffett‘s renowned discipline and “patience for the fat pitch.”

The rebuke follows Berkshire’s recent multi-billion-dollar spending spree, leading Burry to declare the conglomerate is no longer an appealing investment.

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