Buffett owns a lot of stocks in the Dow. And unfortunately for Berkshire, they are all the big losers.
Procter & Gamble (PG) is the 2nd worst performer in the Dow. The consumer products company has been among the hardest hit by the strong dollar. Wall Street expects sales and profits to decline this fiscal year.
There is speculation that A.G. Lafley, who returned as CEO after Bob McDonald "retired" in 2013, could soon be getting ready to step aside again. Investors are still waiting for news on a successor.
Related: Berkshire buying Duracell from P&G
And there is also chatter that Buffett may no longer be as big of a fan of the whole company.
Last November, P&G agreed to sell its Duracell battery business to Berkshire. Buffett is trading in P&G stock as part of the deal. But for now, the Tide and Gillette maker is still one of Berkshire's biggest holdings.
