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McDonald Gets No Boost from Buffett

Berkshire Hathaway is a seller of P&G stock.

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By: TOM BRANNA

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It’s one thing for a billionaire hedge fund manager to lose confidence in your company. But what happens when the world’s biggest investor is a net seller of your shares? In an interview on CNBC today, Berkshire Hathaway Chairman Warren Buffett noted that Procter & Gamble Chief Executive Bob McDonald is a “terrific human being” but the company’s earnings have been disappointing for some time. He added that while he had no knowledge of the goings-on in th...

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