Thursday, August 27, 2009

Warren Buffet is Back to Making Money

Financial News

Numbers On The Street: Berkshire Hathaway Regains Profitability

The Oracle of Omaha is at it again back in the land of profitability. Warren Buffet and the rest of Berkshire Hathaway enjoyed a healthy 2nd quarter gain of $2,123.00 per share or a total net income of 3.3 billion dollars. Not bad especially when looking back at last quarters loss of 1.5 billion dollars. Much of the gain is due to the vast stock portfolio of the holding giant.

[Via http://stopourforeclosure.wordpress.com]

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