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Buffet Posts $1.59 B loss in Derivatives

Monday Nov 7 2011

Okay so it was an unrealized loss.  We study derivatives in Acct 3312 and will do a lot more of that in Acct 3311 in the future. Please read this article as I will be explaining the meaning of it in class. 

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One response to “Buffet Posts $1.59 B loss in Derivatives”

  1. Phillip Garcia Avatar
    Phillip Garcia

    It is very interesting that they put a picture of Mr. Buffett eating ice cream, I guess this means that Mr. Buffett know what he is doing and the $1.59 B of unrealized loss will not affect him.

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