Berkshire shares drop double digits as ‘Buffett premium’ disappears
Warren Buffett once predicted that Berkshire Hathaway stock would rise when he eventually steps down. So far, the opposite has happened. Since May 3, when the “Oracle of Omaha” announced his plans to hand over the reins, the stock of his conglomerate has fallen more than 10%, underperforming the S & P 500 by about…