Buffett's Berkshire Hathaway Profit Falls 77%

[The Paperboy]

Even the great Warren doesn't always get it right:

Billionaire Warren Buffett's Berkshire Hathaway Inc. posted a fourth straight profit drop, the longest streak of quarterly declines in more than a decade, as hurricanes hurt returns at insurance operations and investments lost value.

Link here

 

[bk1983]

Even the great Warren doesn't always get it right:



Link here

So is Buffet supposed to prevent hurricanes? If you read the article you would see the reason for the losses, how is Buffet responsible for hurricanes and their negative impact on inusrance industry? unlike your imaginary business, Buffet faces market challenges and has always adapted. how many shareholders do you have again? entertain everyone with your lies.

 

[DavidS]

Come on, BK, we know preventing hurricanes in Obama's job when he's president.

 

[The Paperboy]

So is Buffet supposed to prevent hurricanes? If you read the article you would see the reason for the losses, how is Buffet responsible for hurricanes and their negative impact on inusrance industry? unlike your imaginary business, Buffet faces market challenges and has always adapted. how many shareholders do you have again? entertain everyone with your lies.

Is all you can do is attack and insult? I'm starting to think you're Karl Rove in a bikini.

I suspect Mr. Buffett knows that when you're in the insurance business hurricanes occur. The point is that even Mr. Buffet is not immune to outside forces that effect business just as Bush had to deal with 9/11, the tech bubble bursting and the subprime crisises.

 

[editec]

As some of you are now coming to realize, when most Americans are hurting, rich Americans get hurt, too.

It's not called a social contract for nothing, you know?

You cannot screw most Americans for the benefit of the master class, and expect your nation to thrive.