> Warren Buffett Blog: Warren Buffett vs Dan Loeb

Thursday, February 6, 2014

Warren Buffett vs Dan Loeb

A proposal made by Third Point hedge-fund CEO and activist investor Daniel Loeb to spin off Dow Chemical's petrochemical manufacturing business didn't go over well with Mr Warren Buffett.

It's not very often that Warren Buffett gets in a beef with someone regarding the holdings in Berkshire Hathaway. 

In conversations with Dow CEO Andrew Liveris, Buffett said he was happy with the moves the company has made so far, and they were in line with investors who will stay versus investors who will leave.