[MeneMeneTekelUpharsin]

Of note, Berkshire Hathaway A Shares are down 20%. THAT is a lot of money for shares that cost that much. Also of note is the statement in boldface above. Buffet saying he doesn't know when things are going to get back to normal lends a lot of uncertainty to the mix, something ALL investors do NOT like.

[tennmountainman]

I want to know how much George Soros lost.
I want that SOB to end up penny less.

[monkeyshine]

All those See’s Candy kiosks at the airports must be really suffering! #RentStrike!

[PGR88]

Buffet is presenting at Berkshire annual meeting right now.

This $50 billion loss in on unrealized gains in stock investments. On the other hand, gains in the insurance unit’s investing portfolio helped push Berkshire’s operating earnings UP almost 6% to $5.87 billion. Berkshire’s cash pile also increased to a record as well. Its not a typical picture of a company with a $50 billion loss.

I suspect Buffat is taking a big loss now for tax purposes, because they are going to be facing real losses on their many businesses in the coming year.

[NCMom57]

My husband flies for a corporate jet company owned by BH. They used to fly 300-400 flights a day. He’s been sitting at home for over a month because they are down to less than 30 flights a day. They are trying to avoid furloughing pilots but its coming if things don’t pick up. They’ve already laid off god knows how many mechanics and other people who service the planes and work in the FBO’s.

[BereanBrain]

Buffet is a bottom fisher, so he will be effected more than the market

[DannyTN]

How much was due to Occidental Petroleum?

[Political Junkie Too]

It's a good thing that they have their shares of Occidental from funding their takeover of Anadarko to prop them up. 🙄

-PJ

[moovova]

I don’t feel so bad now.

[CincyRichieRich]

But but but I was told he was the best investor of all time !

[Wuli]

I’m supposed to be crying, crying for Buffet???

[Newtoidaho]

$342k per share on February 20.
$274k per share today.

[VideoDoctor]

“What goes up must come down!”

[preacher]

L8r

[UncleDenny77]

I wonder how much of a bailout Bill Gates’s buddy will want.

[bray]

There is always a silver lining in every storm.

[Red in Blue PA]

Buffet is also an investor in a Chinese battery company. You know the one, the one that is getting a billion dollars from CA for about 2 bucks a mask.

Wonder how much of a Kickback Buffet got?