​Buffett’s Vice Chairman Dumps Over Half Of His Berkshire Shares – Tyler Durden

Buffett’s Vice Chairman Dumps Over Half Of His Berkshire Shares One of Buffett’s top lieutenant, and Berkshire’s vice chair of insurance operations, Ajit Jain, has sold $139 million worth of his Class A shares – more than half of his holdings – in Warren Buffett’s conglomerate. Jain disposed of 200 of the Class A Berkshire shares for about $695,418 each, according to a regulatory filing Wednesday. The disposal means the long-term executive is left with control of 166 such shares, 61 of which he directly owns. The sale was the biggest drop in Jain’s holdings since he joined Berkshire in 1986. As CNBC notes,…  — Continue at ZeroHedge News : Read More