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Berkshire Hathaway: On Sale

July 06, 2005 | About:

The house that Buffett built is starting to look like a bargain, with or without its architect.

The past few months have been disquieting for Warren Buffett. Two Berkshire Hathaway subsidiaries were linked to a messy accounting scandal involving insurance giant American International Group. Some investors grew impatient with the Oracle of Omaha for not putting $44 billion in cash to good use. It didn't help that Berkshire reported a 12% drop in first-quarter profits, mainly because of a $307-million loss from a bad bet against the dollar.

http://redesign.kiplinger.com/personalfinance/printstory.php?pid=4338


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