Warren Buffett
Reuters
Berkshire Hathaway has made more profit in 2014, but it experienced a difficult fourth quarter. This turned out Saturday in the annual results of the renowned investment fund headed by Warren Buffett.
Omaha The oracle spoke of a “good year “with the exception of railway Burlington Northern Santa Fe (BNSF), the largest investment by Berkshire Hathaway outside the insurance industry. To boost the results of BNSF will next year a whopping $ 6 billion invested in the company. Furthermore, the company delivered $ 444 million on investments in the British supermarket chain Tesco, whose share in the past year greatly
Throughout 2014 Berkshire Hathaway posted a net profit of $ 19.9 billion, compared to $ 19.5 billion a year earlier. A slight disappointment was the fourth quarter, $ 4.2 billion contributed to the annual profit. That was 17% less than in the fourth quarter of 2013.
Party Year
Warren Buffett (84) wants to make 2015 a year of celebration for Berkshire Hathaway. Exactly fifty years ago, he got the lead in the group, then an unprofitable textile producer. Buffett formed the company to his personal investment vehicle, which became one of the world’s largest companies, with a market value of over $ 360 billion.
Berkshire Hathaway Heef interests in more than 80 companies, including insurance companies, construction companies and food companies.
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