Buffett's firm reports nearly $50B loss as investments drop
almost 4 years in Washington Times
OMAHA, Neb. (AP) - Warren Buffett’s company reported a nearly $50 billion loss on Saturday because of a huge drop in the paper value of its investments, though the company is still sitting on a huge pile of cash. Berkshire Hathaway Inc. said it lost $49.7 billion, or $30,653 per ...
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