Berkshire Hathaway Inc. (BRK.A) reported better than expected earnings for Q3 of 2014. Even though the report was positive, many on the street are questioning the recent investments into IBM and CocaCola.
Shares of Berkshire Hathaway were little changed (as normal) and closed the day up .08% @ $214,970.00.
Our Take on the Berkshire Hathaway 2014 Q3 Earnings
Even though shares of IBM have plummeted, there are some rumors that Mr. Buffet is not concerned about the share price as it helps IBM buy-back stock at a discount. This seems truly Buffet-like – investing in stocks when they are out-of-favor for reasons that make business sense years down the road.
Sentiment toward Berkshire, however, remains positive as usual and those that doubt the Oracle of Omaha (Warren Buffet) are usually staring at his steady gains a few years down the road.