Berkshire Continued Selling Procter & Gamble Shares in First Quarter

Warren Buffett’s Berkshire Hathaway 10-Q filing with the SEC shows its cost basis for Procter & Gamble (PG) fell to $4.46 billion as of March 31, down $502 million from $4.92 billion as of December 31, 2009. It’s likely the sales are part of Buffett’s efforts to raise money for his big railroad acquisition – CNBC

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