Value Investing News

Bloomberg article on Berkshire's sale of some of its PetroChina stake. Apparently, the amount of shares sold was very small - only about $27 million worth of stock out of a position worth around $3.3 billion. Berkshire paid $488 million for its ownership of roughly 1% of the company. The Chinese government is PetroChina's majority owner.

• http://www.bloomberg.com/apps/news?pid=20601087&refer=home&sid=atPb7fydKU54 (1)