Posted on 03/08/2009 4:59:29 PM PDT by jimbo123
The Bill and Melinda Gates Foundation sold 36,056 Class B shares of Berkshire Hathaway Inc. (BRKA, BRKB), the holding company run by famed value investor Warren Buffett.
According to a filing with the Securities and Exchange Commission, the Gates Foundation sold the shares from Jan. 5 through Thursday for a total of $99.7 million, or $2,766.66 a share. Berkshire Hathaway's Class B shares closed on Friday at $2,327.
(Excerpt) Read more at marketwatch.com ...
Yeah. I love it when Democrats fight amongst themselves.
Buffet should be minding the store instead of giving out free erroneous advice to everyone else. helping obozo is his ruination.
Warren Buffett is going to be on CNBC tomorrow morning for 3 hours and will be defending The Kenyan’s wealth destruction rampage.
No longer ButtBrothers?
The mind-numbing part is that Buffett is an ‘expert” in the private sector but when it came to the public sector (aka Ahnold, Obama’s economic/business advisors), he couldn’t do squat. It’s a mystery to me that rich people who came from nowhere to get rich via capitalism, lean Democrat due to financial guilt.
I haven't calculated it, but I think it would be interesting to know how much of Buffet's net wealth has been destroyed since Barry took office.
What choice does Buffett have? He's got to try and restore the un-restorable; confidence in the American economy under an Obama administration. If he can't, Buffett will be found working at the local car wash by October, alongside his "good buddy" Bill Gates.
I know it’s small and petty that chart makes me feel better about myself, but it still does.
If I still watched CNBC, which I don’t. I would turn OFF Buffett because I do not trust ANYTHING he says.
I do not trust anything in the MSM. I do not trust anyone who associates with “The One”.
I agree that the Sage does not understand politics sufficiently and is foolish to support Obama. But anybody dumping BRKB (barring a real need to reallocate cash) is an idiot.
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