Buffett Hammered By IBM, Tesco, Coke And WintersMark Melin
It’s been a rough earnings season for Warren Buffett thus far.
Buffett lost almost $1 billion on Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B)’s third largest investment, International Business Machines Corp. (NYSE:IBM), after the firm’s financial engineering caught up with them, as New York Time’s Dealbook’s Andrew Ross Sorkin noted. “All these 'shareholder friendly' maneuvers have been masking an . . .
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