Warren Buffett's Berkshire Hathaway swung to a $25.4 billion loss in the fourth quarter due in part to an unexpected write-down at Kraft Heinz
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Warren Buffett’s Berkshire Hathaway stock falls as big bet on Kraft Heinz soursWarren Buffett’s buy-and-hold strategy doesn’t always work out, as his Berkshire Hathaway is taking a bath on its big investment in Kraft Heinz Inc., after the packaged food company reported disappointing results, slashed its dividend and disclosed an SEC investigation.
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