Subject: Re: Berkshire's stock price
Berkshire never owned such a large percentage of COP that I remember.

It was a pretty big position.
Berkshire owned about 85 million shares of COP in 2008, about 5.7% of the company, purchased for about $7bn.
They took an other-than-temporary-impairment charge on it in Q1 2009, and sold it for a loss shortly thereafter mainly to fund deals like Dow and Swiss Re.

Jim