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Friday, March 1, 2013

Buffett: Performance streak may end this year, (NYSE: BRK-A), (NYSE: BRK-B)

Warren Buffett has reloaded his elephant gun.The Berkshire Hathaway chief executive, who famously said in 2011 he was using an elephant gun to hunt for acquisitions, on Friday said he is back on the prowl for more to expand the conglomerate.Just last month, Berkshire struck a deal to put $12 billion toward the $23 billion cash takeover of ketchup maker H.J. Heinz Co, but Buffett said he and vice chairman Charlie Munger were not done."But we still have plenty of cash and are generating more at a good clip. So it's back to work; Charlie and I have again donned our safari outfits and resumed our search for elephants," Buffett said in his annual letter to shareholders.

Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-A traded higher by 0.1% or $150.0/share to $152750.00. In the past year, the shares have traded as low as $117301.00 and as high as $153739.00. On average, 74467 shares of BRK-A exchange hands on a given day and today's volume is recorded at 512.

Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-B fell by 0.11% or $-0.11/share to $102.05. In the past year, the shares have traded as low as $78.18 and as high as $102.33. On average, 4659830 shares of BRK-B exchange hands on a given day and today's volume is recorded at 4812761.



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