Warren Buffett’s company posted its worst loss in at least two decades

Berkshire Hathaway Inc. (BRK/A US) dropped 5.5 percent, the most since Dec. 1, to $90,100. Warren Buffett’s company posted its worst loss in at least two decades as the billionaire chairman worked to recover from a “major mistake” of buying ConocoPhillips (COP US) shares before oil plunged from a record high.
Source Bloomberg