Buffett Refocuses Attention on Berkshire After Slump

Warren Buffett

Submitted on 04/29/2009

Billionaire Warren Buffett, who entertained shareholders at past Berkshire Hathaway Inc. annual meetings with musings on baseball and Paris Hilton, will focus investor attention this weekend on his efforts to turn around the company after its worst year in four decades. Buffett needs to reassure shareholders of his Omaha, Nebraska-based firm after a 36 percent stock decline since Dec. 31, 2007, an ill-timed investment in oil producer ConocoPhillips and downgrades by ratings firms.

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