Buffett’s personal wealth notched up by about $55 million

The investment firm took a $1 billion hit on Coke (KO), which fizzled 6% after the company reported earnings that didn't live up to expectations of investors. Worsening the situation, Coke said it doesn't expect a much better 2015.

Berkshire Hathaway's one of the largest investment is Coke. It holds 400 million shares and his son Howard sits on the beverage company's board.

IBM (IBM, Tech30), another top holding, caused Warren Buffett a loss of $1.3 billion as the stock plunged. The company is looking for a revitalization after reporting disappointing earnings and shedding its chip unit at a major loss. Buffett's company, Berkshire Hathaway holds over 70 million shares.





Today's Range 142.87 - 143.99 EPS Due Date 3/3/2015 Est 52-Week Range 108.12 - 143.99 EPS % Chg (Last Qtr) 29% Price % Chg. YTD 21.13% 3 Year EPS Growth Rate 14% Price % Chg. Last 4 Weeks 4.76% EPS Est % Chg (Current Yr) 7% 50-Day Avg. Volume 3,784,400 Annual ROE 7.39% Shares Outstanding 1181.9 Mil Sales % Chg (Last Qtr) 10% Float 1170.0 Mil 3-Year Sales Growth Rate 12% IPO Date N/A Debt % 33% Investment Bank Salomon Smith Barney Market Cap $354.22 Bil % Mgmt Owns 0.4% Profit Margin 12.1% PE Ratio 22 Sector Misc Dividend Yield NONE Industry Group Rank 77 Alpha 0.03 Industry Group Diversified Operations Beta 0.92

Berkshire Hathaway (had a huge hit on earnings during the third quarter. Even then the earnings were better than anticipated. The investment company took a massive $678 million charge for its investment in Tesco (TESO). Tesco admitted to overstating its profit forecasts.Berkshire A shares hit a new 52-week high. It crossed the $200,000 mark for this first time this summer and finished regular trading Friday at $214,970 a share. Later it hit $215,925 in intra day trading. On the other hand, Berkshire’s B shares finished the day up slightly at $143.61 and raised few cents higher after the bell. They are worth 1/1500th of their pricier counterparts and they were flat in after-hours trading. The portfolio of Berkshire is still ahead for the year. It earned $4.6 billion, or $2,811 per Class A share during the third quarter. There was expectation operating earnings of $2,593.85 per Class A share.It's down by 8.6% from the same period last year, that's better than Wall Street 's expectation. Operating profit rose to $4.72 billion, or $2,876 per class A share, from $3.66 billion, or $2,228 a class A share. Revenue rose to $51.2 billion from $46.5 billion. Profits for the first nine months of the year are more better than that of 2013. Next quarter is not expected to go well. Berkshire lost big money late last month on shares of Coca-Cola (KO) and IBM (IBM, Tech30) . These companies delivered disappointing earnings.