Cathie Wood’s ARKK falls 60% from its peak, erasing all post-pandemic gains

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Buffett Gets Rare Rebuke as Calpers Urges New Chair at Berkshire

(Bloomberg) — California Public Employees’ Retirement System, the largest U.S. public pension fund, said it plans to vote for a shareholder proposal that Berkshire Hathaway Inc. select an independent chairman, marking a rare rebuke of billionaire Warren Buffett, who’s both head of the board and the conglomerate’s chief executive officer. Most Read from BloombergKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineNetflix Rout Is Worst Since 2004, Punishing Roku and Disney, TooUkr