Following a tough fourth quarter that crushed his company’s net income, Warren Buffett’s portfolio has soared year to date. © 2018 Bloomberg Finance LPThe swing to positive territory in the first quarter may also help earnings results at Buffett’s company, Berkshire Hathaway. For the quarter of 2017, which did not include unrealized gains and losses in stocks, Berkshire’s net income was $32.55 billion. Of Berkshire’s stocks that stumbled year to date, packaged foods giant The Kraft Heinz Co. fell the most, declining 22.51%. The specialty and generic pharmaceuticals company represented only 0.36% of Berkshire’s portfolio as one of its smaller positions.

Source: Forbes April 11, 2019 22:18 UTC