The slump is casting a shadow on founder and CEO Masayoshi Son's strategy of heavy concentration in high-growth stocks increasingly out of favour with investors as interest rates rise
In September 2018, Buffet's investment arm - BH International Holdings - invested $300 million, or Rs 2,179 crore, for 2.6 per cent stake in PayTM, which had valued the start-up at $10 billion then.
Berkshire spent nearly $20 billion more repurchasing its own stock since the middle of 2018 than it deployed accumulating its Apple stake through the end of last year
Buffett has struggled with a high-class problem of having too much money in Berkshire's pockets and not enough chances to put that to work in higher-returning assets.
The agreement for Dominion Energy's natural gas pipeline and storage assets signaled to the market that Buffett is willing to pounce despite his cautious tone in May about the pandemic, an expert said
An accounting rule requires Berkshire to report unrealized stock losses and gains with earnings. This causes huge swings in Berkshire's net results that Buffett considers meaningless
The unusual quarterly loss was the result of an accounting change Buffett had warned would produce "wild" but in his view meaningless swings in results
