Warren Buffett's Berkshire Hathaway Inc. reduced a bet against the U.S. dollar after losing more than $900 million from foreign-currency investments this year.
Buffett, who has said the U.S. trade deficit would weaken the dollar, cut his foreign-currency forward contracts to $16.5 billion in September from $21.5 billion in June, Berkshire said in a Nov. 4 statement. The dollar in July reached a 13-month high against a basket of six major currencies.
Track Gurus’ Stock Purchases Daily – Real Time Guru Picks
GuruFocus "Real Time Picks" reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 3 days after the date of the transaction. This is just one of the features provided with GuruFocus Premium Membership.
Feedback
European Shorting
My Portfolios
Browse Gurus
Print
Email
Bookmark
Subscribe RSS
RSS