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Warren Buffett Just Lost $700M On This

July 23, 2015 : Permanent Link

(CNBC) Warren Buffett doesn’t have many bad days, but he really ought to consider going on vacation whenever IBM (IBM)reports earnings. The company’s shares fell $8.96 at Tuesday’s open after a mixed earnings report , costing the Oracle of Omaha some $712.9 million. His conglomerate Berkshire Hathaway owned 79.57 million shares of IBM as of March 31, according to the most recently available filings, making it one of his largest investments…

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