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

Jasper - The Real Deal!

Undercurrent Trader

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.