The Oracle of Omaha has admitted he goofed on his investment in UK supermarket chain Tesco, reports the Financial Times.
The Oracle of Omaha has admitted he goofed on his investment in UK supermarket chain Tesco, reports the Financial Times.
“The chairman of Berkshire Hathaway, which is Tesco’s fourth-largest investor with a 3.97% stake, made his mea culpa on Thursday, contributing to the gloom surrounding the retailer as it deals with plunging profits and an accounting scandal. ‘I made a mistake on Tesco,’ he told CNBC. ‘That was a huge mistake by me.’ ”
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