In a letter to his clients, Rolfe cited missed investment opportunities by Buffett during the current bull market as one of the reasons for his frustration.
The disclosure was made in a regulatory filing detailing Berkshire's U.S.-listed stocks as of June 30.
Berkshire Hathaway is sitting on a record cash pile of $122.38 billion.
While Berkshire has been a phenomenon over the last fifty years, the stock has not beaten the index in the last 10 years
Ajit Jain, who graduated with a BTech degree from IIT Kharagpur joined Berkshire Hathaway in 1986.
Buffett maintained that "we paid too much money" for Kraft.
Buffett said that his investments are not based on predicting market behaviour in forthcoming weeks.
At the end of December 2018, Buffett had $112 billion in Treasury bills and other cash equivalents to buy many attractive businesses
Buffett lamented these states of affairs in his widely read annual letter to Berkshire shareholders.
That's down from last year's profit of $32.6 billion, or $13.19 per B share.
Commenting on the US’ massive national debt, Munger said he is not worried. Though he added every great nation eventually falls, be it Rome or Britain from its heydays; and it is the US' turn now.
The Warren Buffett-led company, in its Q3 earnings report, revealed four new additions to its portfolio. It owns stake in 48 listed companies now
Warren Buffett's precocious business acumen was on evidence since early childhood. Here's how the world's third richest man managed to gradually amass a fortune over the years.
Here's a recap of what made news in the business world in the month of August.
Paytm founder Vijay Shekhar Sharma met Todd Combs, an investment manager with Berkshire Hathaway, in Omaha on Valentine's Day
While this is Berkshire’s first investment in an Indian company, it set up operations in India when Warren Buffett visited India in 2011. Berkshire sold insurance online in a partnership with Indian firm Bajaj Allianz.
This would be Buffett's first investment in an Indian company.
The 52-year-old has dedicated his public health career to building better healthcare delivery in the US and around the world
The three corporate titans said that Gawande will lead an independent company focused on a mission they announced earlier this year: figuring out ways to improve a broken and often inefficient system for delivering care.
From colorful mascots to kiosks showcasing product lines to Warren Buffett's witty and insightful speech, this is a unique event that is marked on the calendars of all large investors, corporates and media houses
An 8-year-old girl Daphne who hails from New York climbed to the podium and queried Buffett, 87, and his business partner Charlie Munger, 94, over the firm’s latest investments
In his annual letter to Berkshire shareholders, Buffett said finding things to buy at a "sensible purchase price" has become a challenge and is a major reason Berkshire is awash with $116 billion of low-yielding cash and government bonds.
Berkshire Hathaway's annual shareholder meeting is akin to a pilgrimage to financial advisors and investors. It is also equally interesting for children for the lineup of cartoon characters and food to keep them entertained as their parents look forward to Warren Buffett's financial advice.
Buffett's Berkshire Hathaway conglomerate owns Geico and several other insurers, so his company will be helping people rebuild.
The 3 percent threshold is what President Donald Trump and his administration want to achieve for gross domestic product growth.