Hedge fund manager Bill Ackman called Warren Buffett’s investment strategy too conservative and claimed Berkshire Hathaway’s businesses would likely run better under the next chief executive.

Tariffs might be President Donald Trump’s favorite word. To legendary investor Warren Buffett, there is less to be excited about. “Tariffs are actually — we’ve had a lot of experience with ...

Berkshire Hathaway Chairman Warren Buffett, seen in 2024, said of tariffs: “The Tooth Fairy doesn’t pay ‘em.” (Scott Morgan/Reuters) Warren Buffett says tariffs are “an act of war ...