Berkshire Hathaway posted a fourth straight profit drop, the longest streak of quarterly declines in more than a decade, as hurricanes hurt returns at insurance operations and investments lost value.
The 78-year-old Buffett (pictured) committed more than $28 billion this year to acquire companies, finance buyouts and purchase securities as prices fall and competitors have limited cash and even more limited access to credit.
More of the story here. A list of the Berkshire Hathaway holdings can be found here.
A picture of my cave
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