Posts Tagged ‘Berkshire Hathaway’

Where will Berkshire go next?

Monday, May 4th, 2009

Interesting article here on Buffet, his travel agent, and how he is more likely to buy US companies than foreign ones right now.

Berkshire’s Class A stock lost 32% in 2008, but the company reported a profit of almost $5 billion. Also with so much of it’s business (2/3) in insurance and utilities it’s not a bad call for uncertain times – if you still trust Buffet after he invested in ConocoPhillips when gas prices were at an all-time high. That cost Berkshire a billion or two.