Friday, February 27, 2009
Even the Oracle of Omaha Feels It
Warren Buffet, the largest shareholder and CEO of Berkshire Hathaway, is often considered to be one of the worlds greatest investors. Yet even he has not been able to escape the mounting losses that have hit the financial sector. Berkshire Hathaway stock has suffered its largest dip into the red since Buffet took over in 1965 as the company is expected to report a loss of 8.5% .
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