I have been a Warren Buffett fan for many years. One trait that adds to his charm, as well as his investing integrity, is his readiness to admit to his mistakes in Berkshire Hathaway, Inc.'s (BRK.A) annual reports, without equivocation or excuse. An ...
On Dec 5, 2013, we are downgraded our recommendation on Berkshire Hathaway Inc. (NYSE: BRK.B-Free Report) to Neutral from Outperform following third quarter earnings miss wherein the company gave a negative surprise of 6.9%.
Late last week, a 13F filing by Berkshire Hathaway (BRK.A, BRK.B) disclosed a new stake forty million share stake in ExxonMobil (XOM) totaling $3.7 billion, marking the largest new public holding for the Buffett-led conglomerate in the past two years.
(Reuters) - Warren Buffett's Berkshire Hathaway Inc on Thursday disclosed a new $3.45 billion stake in Exxon Mobil Corp, after buying 40.1 million shares in the world's largest publicly traded oil company.