Warren Buffett’s age is the big issue in conflict with CalPERS, says Don Kaufman in Business News segment

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”]PGlmcmFtZSB3aWR0aD0iNTYwIiBoZWlnaHQ9IjMxNSIgZnJhbWVib3JkZXI9IjAiIGFsbG93ZnVsbHNjcmVlbj0iIiBwbGF5c2lubGluZT0iIiBzcmM9Imh0dHBzOi8vd3d3LnlvdW1ha2VyLmNvbS9lbWJlZC9hMmUzNDZkMS1kMmExLTQwOWMtYjgxMi1jYzczMTQ2NTQxMTY/cj0xNng5JmQ9MTQ1Ij48L2lmcmFtZT4=[/video_player]

CalPERS, America’s largest state pension fund, wants to remove Warren Buffett as chair of Berkshire Hathaway. CalPERS says that Buffett shouldn’t be CEO and chair at the same time. Don Kaufman, TheoTrade chief market strategist, agrees in this NTD Business News segment. Beside the conflict inherent in one person fulfilling the roles of CEO and chair, Buffett’s age is a big issue not being discussed. “No one wants to mention the obvious fact that he’s 91 years old,” says Kaufman. “His age produces a considerable amount of risk to the underlying shareholders.”

More from TheoTrade

Why The Countdown Just Started

The COVID Lesson Memory Stocks Are About To Repeat

Why Monday’s 100-Point Rally Has My Spidey Senses Up

Check This Number Before Your First Trade

How One Trade Moved Everything

Tuesday, September 22, 2026 – Tony’s Pre-Market Playbook


Most Recent

Why The Countdown Just Started
The COVID Lesson Memory Stocks Are About To Repeat
Why Monday’s 100-Point Rally Has My Spidey Senses Up
Check This Number Before Your First Trade
How One Trade Moved Everything

Get educational market insights sent right to your inbox.

As Seen In