Archive for 'Berkshire Hathaway'
Buffett’s investment fund in loss
Posted on19. May, 2009 by Admin.
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Via: BBC
Berkshire Hathaway made a loss of $1.53bn (£1bn) in the first three months of 2009, compared with a profit of $940m a year earlier.
The firm said it had to write down $1.9bn to reflect the reduced value of its stake in oil firm ConocoPhillips.
It bought the shares before oil prices fell sharply towards the [...]
