For other companies I would be worried, but knowing Warren Buffett is one who looks at investments long term, I feel that his current losses will give him huge profits when the sub prime crisis is over. He is good at sniffing out bargains and getting them at rock bottom prices. If someone were to benefit from the crisis, I would bet it is him.
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Berkshire net income falls 64 percent because of derivatives
By Finance in Berkshire net income falls 64 percent because of deriva
May
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