Berkshire trails S&P by widest margin this year as Apple sale costs Warren Buffett billions
Berkshire Hathaway is lagging the S&P 500 by its widest margin this year, as Warren Buffett’s decision to sharply reduce the conglomerate’s Apple stake continues to weigh on performance, even as Berkshire’s own shares recover from their summer lows. Berkshire Hathaway’s Class B shares have rebounded 7.2% since their August 4 closing low of $459.11,…