Buffett's Firm Reports $25b 4q Loss On Paper Stock Losses

OMAHA, Neb. (AP) — Warren Buffett's company recorded a $25 billion loss in the fourth quarter because of a big drop in the paper value of several of its stock investments. Buffett said Saturday that Berkshire Hathaway's businesses are performing well overall, but it has to record the market value of its stock holdings at the end of each quarter and Buffett has struggled to find attractive acquisitions recently.

Topics:  omaha   neb ap     warren buffett   berkshire hathaway   newsok   buffett   loss   paper   stock   quarter   

 

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