Ackman, Buffett & The Throne

Buffett bristles when friends or associates trade on his name without specific permission, even if he has praised them publicly.
Buffett bristles when friends or associates trade on his name without specific permission, even if he has praised them publicly. Photo: Daniel Zuchnik/WireImage
William D. Cohan
July 28, 2021

As my longtime readers are aware, no one has campaigned more assiduously to be the heir to the legendary investor Warren Buffett than Bill Ackman. The puppy love that Ackman has long displayed for Buffett is charming, and speaks to the great admiration and respect that the younger Ackman, age 55, has for the avuncular Buffett, who will turn 91 next month.