Tag: berkshire hathaway

OMAHA: Warren Buffett's company has reported a nearly $13 billion loss in the third quarter as the paper value of its investments fell, but the companies it owns - particularly the insurers - generally performed well.Berkshire Hathaway said Saturday that it lost $12.8 billion, or $8,824 per Class A share, in the quarter. That's significantly bigger than the $2.8 billion loss, or $1,907 per Class A share, that it reported a year ago.But most of those investment losses are unrealized becauseBerkshire didn't actually sell most of its stocks...