Berkshire Letter Highlights: Shocking $25BN Loss; Buffet Bashes "Deficit Doomsayers", Emerges As Closet "Austrian"
February 23, 2019 at 16:53 PM EST
In its latest annual letter, Berkshire Hathaway shocked investors when it announced that Q4 net earnings plunged to a $25.4 billion loss, or ($15,457) per share due to an unexpected write-down at Kraft Heinz and unrealized investment losses.