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David sokol about a questionable investment he had made in lubrizol so lubrizol. sokol quit as questions emerged. >> as you can see once again this year tens of thousands of berkshire hathaway shareholders descending for warren buffett's annual meeting, but this year there is a cloud over this meeting amid controversy over a man that many viewed as the heir apparent to warren buffett, david sokol, who resigned earlier this year whose actions buffett called both in-exapplicationle and inexcusable. >> i certainly feel disappointed, very disappointed, but it happened and i don't understand why, b...

It, he should have sold the stock. he shouldn't have bought it in the first place obviously. >> in terms of berkshire's performance, there are shareholders here who say they think berkshire hathaway has gotten too big and warren buffett himself has been saying for years that the company won't see the returns like it used to largely because of its size. but the big question on people's minds here is who will succeed warren buffett. no name was given, but what warren did say is whoever succeeds him will be, quote, straight as an arrow. >> he also says he has complete confidence in america's abil...