funkitty09 33yo Los Angeles, California, United States

Buffett's Berkshire Hathaway, hit by accounting change, reports net loss of $1.1 billion

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wanta3sum73 40yo Medina, Ohio, United States

Warren Buffett's Berkshire Hathaway reported a quarterly loss of $1.1 billion. The bulk of the decline was due to a new accounting rule related to its stock portfolio.

     

 

 

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Warren Buffett's Berkshire Hathaway reported a quarterly loss of $1.1 billion. The bulk of the decline was due to a new accounting rule related to its stock portfolio.

     

 

 

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