Berkshire Likely Has a Loss on Its Big Alphabet Stake After Earnings Miss

What happened: Berkshire Hathaway likely has a loss on its large Alphabet stake after the company's earnings miss. Retired Chair Warren Buffett said it was his decision to buy the Alphabet shares. Why it matters: The loss on the position follows the earnings miss, and Buffett has publicly taken responsibility for the decision to buy the shares. Market: -0.9% today ($343.83), +27.1% YTD, 0.8x vol — as of 23:45 UTC

Berkshire Hathaway likely has a loss on its large Alphabet stake after the company's earnings miss. Retired Chair Warren Buffett said it was his decision to buy the Alphabet shares.

The loss on the position follows the earnings miss, and Buffett has publicly taken responsibility for the decision to buy the shares. Market: -0.9% today ($343.83), +27.1% YTD, 0.8x vol — as of 23:45 UTC