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Non-Tech : Berkshire Hathaway Class B -- Ignore unavailable to you. Want to Upgrade?


To: Leroyt who wrote (655)3/11/1999 4:45:00 PM
From: Richard Forsythe  Read Replies (1) | Respond to of 1652
 
Interesting alleged news:

exchange2000.com

Just hit the wire that General RE sold 99% of its $3.7 billion stock portfolio toward the end of 1998. Have to believe Buffett had some hand in that decision, considering he was just waiting for the deal to close at the time. Now we have Mr. B holding nearly $13 billion in cash, just waiting for the market to "correct". Oh please Lord, just one more bear market while Warren walks the earth...

JJC