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
Related Articles
Buffett Rules
May 17, 2012
Scott Sumner
Buffett’s BofA Balancing Act: Berkshire Nears Disclosure Threshold in $6.2 Billion Sell-Off
August 31, 2024
Ari Haruni
Buffett Joins Goldman In the Bidding to Buy Fannie Mae Tax Credits
November 4, 2009
WSP
Be the first to comment
This site uses Akismet to reduce spam. Learn how your comment data is processed.
Leave a Reply