OMAHA, Neb (Reuters) – Warren Buffett said he was wrong not to press David Sokol about purchases of Lubrizol Corp stock while his former top lieutenant was pitching the chemicals company as a possible takeover target for Berkshire Hathaway Inc.
It was the kind of answer investors had clamoured to hear from Buffett at this year’s Berkshire annual meeting, ordinarily a love fest for tens of thousands of shareholders, and over which the Sokol episode had cast a cloud.
Buffett said Sokol had violated Berkshire