Former Berkshire Hathaway
Sokol, whom many investors saw as the most likely successor to Berkshire Hathaway's iconic CEO, made his comments on CNBC on Thursday.
Buffett released a letter on Wednesday disclosing that Sokol bought a substantial stake in Lubrizol Corp
In a half-hour interview, Sokol insisted he never had any inside information on Lubrizol and that he bought the shares solely as a good investment for his family, with no expectation that Buffett would actually move forward on a deal.
Sokol also said he has on past occasions invested in companies that he suggested Buffett buy, noting one example of a bank that Buffett did not ultimately acquire.
Sokol resigned March 28. He said Buffett did not try to talk him out of resigning.
(Reporting by Ben Berkowitz and Jonathan Stempel; Editing by Derek Caney and Lisa Von Ahn)