{"id":17264,"date":"2011-03-01T03:19:00","date_gmt":"2011-03-01T02:19:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/12-97-billion-dollars-in-profits-for-berkshire-hathaway-and-warren-buffett\/"},"modified":"2011-03-01T03:19:00","modified_gmt":"2011-03-01T02:19:00","slug":"12-97-billion-dollars-in-profits-for-berkshire-hathaway-and-warren-buffett","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/12-97-billion-dollars-in-profits-for-berkshire-hathaway-and-warren-buffett\/","title":{"rendered":"12.97 billion dollars in profits for Berkshire Hathaway and Warren Buffett!"},"content":{"rendered":"<p class=\"post_excerpt\">Warren Buffett is jubilant. His fund generated a profit of 12.97 billion dollars in 2010, up 61% &#8230;\n<\/p>\n<p><!--more--><br \/>\nThe Oracle of Omaha can say thank you to Goldman Sachs and GE. Both groups have paid not less than 10% dividend over 5 and $3 billion, respectively invested in the companies. GE and Goldman have planned to buy back Buffet&#8217;s shares in the coming months. Given the share performance since 2009, one can expect substantial capital gains.<\/p>\n<p>Although it has already hired a new chief investment officer, &#8211;  Todd Combs who will manage a portfolio of 1 to 3 billion dollars &#8211;  the businessman wrote, in a letter to Berkshire&#8217;s shareholders, that he is &#8220;healthy&#8221; and has no current plans to retire. Better, he urges fellow Americans to be optimistic about the future .<\/p>\n<p>&#8220;Our elephant gun has been reloaded, and my trigger finger is itchy&#8221;<br \/>\nhe wrote. The billionaire is ready for more takeovers. Berkshire Hathaway has a war chest of $ 38 billion, enough to have a very wide choice for shopping! <\/p>\n<p>The company Berkshire Hathaway is a holding company with eighty subsidiaries, diversified accross energy, clothing industry, jewelry, business aviation and has stakes in big companies like Coca-Cola.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Warren Buffett is jubilant. His fund generated a profit of 12.97 billion dollars in 2010, up 61% &#8230;<\/p>\n","protected":false},"author":20,"featured_media":17262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,1671,1735,1651,1703,1812],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/17264"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=17264"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/17264\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/17262"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=17264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=17264"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=17264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}