Atul Karmarkar.Com

Berkshire Hathaway could lose it’s ”AAA” credit rating from S&P in a year’s time if capital levels or value of its equity holdings face more downward pressure. The company’s outlook rating was revised by S&P from “stable” to “negative”. Other rating agencies like Fitch lowered it’s rating on Berkshire to “AA-plus” from “AAA”, and Moody’s continued to rate Berkshire “AAA” with [...]

As a tumultous year ends, Morningstar has decided to stick their neck out when naming Warren Buffett as CEO of the year – 2008. While it is difficult to disagree with this choice, the year gone by has been an extremely challenging one for financial markets worldwide, and probably been the closest that people have actually come close [...]

Warren Buffett’s Berkshire Hathaway ended 2008 on a somewhat bleak note, it’s Class A shareholders seeing the price head south from $141,600 to (close of ’07) to $96,600 this year, shedding almost 32%, it’s worst performance for almost three decades. It touched $147,000 on September 19, 2008, followed by a low of $77,500 on November 20. The [...]

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Berkshire Hathaway Inc. announced a drop in their Q3 profit, the fourth consecutive one, on diminishing returns at insurance businesses and investment losses. Net income fell 77% to $1.06 billion, or $682 per Class A share, from $4.55 billion, or $2,942 in the same period last year. Operating earnings per share fell to $1,335 from $1,655 a share in [...]

A highly volatile week for markets worldwide, with some of the major stories being; ‘Out of Control’ CEOs Spurned Davos Warnings on Risk (Update1) Buffett Oversexed for the First Time Since 1974