Buffett: "We made a mistake"

|By:, SA News Editor

"Berkshire had owned convertible notes of USG since 2008 and was effectively forced to convert the notes when they were called for redemption by USG in December 2013," says Warren Buffett in a statement. "This event triggered a filing requirement for Berkshire (BRK.A, BRK.B) and we were late in realizing that fact.”

Previously: Berkshire Hathaway to pay fine over reporting violation