Are shortsighted managers underinvesting in the American economy because they want to line the pockets of investors through share buybacks? Yes, says the world’s biggest fund manager: American capitalism needs to be fixed. No, says the world’s most successful investor, good projects aren’t dying for lack of financing. Larry Fink, BlackRock Inc.’s chairman and chief executive, and Warren Buffett, Berkshire Hathaway Inc.’s...

Source: Wall Street Journal March 02, 2017 16:30 UTC