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Socks · 05-05-2008, 04:34 AM

Warren Buffett's Berkshire Hathaway (BRKA, Fortune 500) reported a 64% drop in quarterly profit late Friday. At the company's annual meeting this past weekend, the legendary investor warned investors to lower their expectations.

Quoted from a CNN article..

Warren Buffet... Berkshire Hathaway... SIXTY FOUR PERCENT DROP, in a SINGLE QUARTER????

I mean it's just profit, they're still raking it in, but that's huge.

Whoah.

05-05-2008, 04:34 AM
Socks Confirmed User Industry Role: Join Date: May 2002 Location: Toronto Posts: 8,475	Most shocking economic indicator I've seen yet, bad news Warren Buffett's Berkshire Hathaway (BRKA, Fortune 500) reported a 64% drop in quarterly profit late Friday. At the company's annual meeting this past weekend, the legendary investor warned investors to lower their expectations. Quoted from a CNN article.. Warren Buffet... Berkshire Hathaway... SIXTY FOUR PERCENT DROP, in a SINGLE QUARTER???? I mean it's just profit, they're still raking it in, but that's huge. Whoah.