Billions in Derivatives Losses Looming for Buffett, Berkshire?

Investment author Jon Markman says in his Nov. 19 “Trader’s Advantage” newsletter that the losses Warren Buffett and Berkshire Hathaway have recently incurred because of the plummeting market may be only the start of their problems. “If you want to talk about problems that are not fully discounted by the market yet, let me just throw one bombshell out there. … What if Berkshire Hathaway, the most respected insurance company in the world, were to… Read More

Buffett Adds to ConocoPhillips Holdings

Berkshire Hathaway’s latest quarterly filing reveals that Buffett has added to his stake in oil producer ConocoPhillips and bought shares of the manufacturer Eaton Corp. He reduced his holdings in Bank of America Corp. Berkshire is now ConocoPhillips largest shareholder. According to a 2007 academic study by Gerald Martin of American University and John Puthenpurackal of University of Nevada, if an investor would have followed Berkshire’s purchases, even with the delayed notice, they would have… Read More