Buffett calls year with 45 pct. profit jump subpar

Published March 2, 2013 1:00am ET



OMAHA, Neb. (AP) — Most companies would undoubtedly be thrilled with the results Warren Buffett called “subpar” at Berkshire Hathaway because his company’s value trailed the overall market.

But the fact that Buffett wasn’t satisfied with the 45 percent jump in profit his company reported Friday is part of why he’s built such a remarkable record.

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