The End of the World as We Know It

Warren Buffett’s company, Berkshire Hathaway, had $1.6 billion in pre-tax losses in the first quarter of this year, related to derivatives, what ever those are. Net income per share fell from $1,682 to $607.

If the financial guru of the past thirty or so year's income is down some sixty percent, times are a bit bad.

From the article: “In Friday trading, Berkshire's Class A shares fell $300 to $133,600, while its Class B shares fell $12 to $4,448.”

I’m not sure if the title of the post is serious or sarcasm. If I had ten class A shares as my worldly worth, I don’t suppose I’d be too worried.