Warren Buffett’s Worst Year Since 2009 Splits Investors
- Berkshire is scheduled to report quarterly results on Saturday
- Ackman bet on Berkshire as longtime investor Rolfe walked away
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Bill Ackman piled in. David Rolfe exited.
Berkshire Hathaway Inc.’s rotation of investors over the past few months points to the question lingering over the conglomerate as it heads for its worst annual underperformance since 2009: Is it worth waiting for Warren Buffett to make a dent in his record $122 billion cash pile?