David Sokol

Berkshire Hathaway CEO Warren Buffett spoke with FOX Business Network's (FBN) Liz Claman live from Omaha, NE on the eve of the Berkshire Hathaway Annual Shareholder Conference. Buffet said Berkshire Hathaway is “paying significant legal fees every month in the range of 150 to 200 thousand dollars”...

Hedge fund manager Whitney Tilson appeared on CNBC this morning to give his opinion of famed investor Warren Buffett's interview. Tilson stated that he was buying more shares of Berkshire Hathaway on Buffett's recent performance. He stated that the value of Berkshire Hathaway should be trading 50...

It appears as though Warren Buffett has found another piece of the puzzle for the future of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). The so-called "Oracle of Omaha" has hired Ted Weschler—hedge fund manager—to serve on the team designed to replace Buffett at Berkshire Hathaway next year....

Berkshire Hathaway CEO Warren Buffett along with Vice Chairman Charles Munger, Microsoft Chairman Bill Gates and Berkshire Hathaway board member Susan Decker spoke with FOX Business Network's (FBN) Liz Claman this morning about the weekend's shareholder meeting, controversy surrounding the...

On CNBC this morning, Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) holder Mario Gabelli said that he does not have any concerns regarding the issues surrounding David Sokol.

Despite CNBC's best efforts, the network was unable to get Warren Buffett to talk about David Sokol's voluntary resignation. “Not today,” Buffett said. “I'm talking about it on Saturday.” When asked if he had any thoughts on how things have gone so far, he said, “I'll comment on that Saturday.”...

Bloomberg Businessweek just published an excellent piece on the rise and fall of David Sokol, who was harshly criticized by the Berkshire Hathaway (NYSE: BRK-B) audit committee yesterday for his trading in Lubrizol (NYSE: LZ) shares ahead of an eventual Berkshire acquisition. Although this story...

Shares of Middleburg Financial Corp. (NASDAQ: MBRG) are soaring more than 12% today, as the Wall Street Journal is reporting that the company could be the next Berkshire Hathaway (NYSE: BRK-A) that David Sokol was talking about this morning. Sokol said this morning that he would like to start his...

Do you think David Sokol (NYSE; BRK-A) (NYSE: BRK-B) was guilty of insider trading? Vote Yes or No in the comments.

David Sokol said that he gets compliance approval before any stock purchases, which is why he did not think the purchase of Lubrizol (NYSE: LZ) would be a big deal.

David Sokol is on CNBC now and he is saying that he first heard of Lubrizol (NYSE: LZ) last fall, when he read the company's 10-K.