Buffett Calls Berkshire Hathaway's 2012 Return 'Subpar'

February 28, 2013  by in UnCategorized   

By Aggregated Content in Financial Reports on March 1, 2013 from http://www.euroinvestor.com/news/2013/03/01/buffett-calls-berkshire-hathawayaposs-2012-return-apossubparapos/12231735

Warren Buffett lamented his failure to land a major acquisition during 2012 to employ Berkshire Hathaway Inc.'s (BRKA, BRKB) expanding cash position, and called his company's performance "subpar" compared to the rallying U.S. stock market.

The reported value of the Omaha, Neb., company rose 14% in 2012, Berkshire said Friday, compared with a 16% total return in the S&P 500 index, including dividends.

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