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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: mungofitch ✹🐝🐝🐝🐝 SILVER
SHREWD   😊 😞
Number: of 15072 
Subject: Re: Berkshire's stock price
Date: 09/14/2023 2:54 PM
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No. of Recommendations: 7
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
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