> Warren Buffett Blog: IBM stock plunge causes Warren Buffett $1 Billion paper loss

Tuesday, October 21, 2014

IBM stock plunge causes Warren Buffett $1 Billion paper loss

Warren Buffett could lose $1billion due to plummeting IBM stocks this week.

Warren Buffett's company Berkshire Hathaway, of which he is CEO, has 70,173,978 IBM shares. 

Buffett risked losing $1,056,118,369 when IBM saw its stock price fall 8.3% before the market opened, CNBC reported Monday morning.