Doug Kass isn't totally leaving the Warren Buffett admiration society, but he is exiting...

|By:, SA News Editor

Doug Kass isn't totally leaving the Warren Buffett admiration society, but he is exiting Berkshire Hathaway (BRK.A), thinking the stock’s best days are behind it. "Yesterday’s $10B investment in IBM is... a reflection that larger deals are needed to move the needle, and that more ordinary and plain vanilla investments will be the feature of Berkshire’s portfolio strategy in the future."