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Buffett's Berkshire Buys More of Dubious DaVita



A case has been made on CNN that DaVita has committed Medicare fraud costing taxpayers many millions of dollars. DaVita has been discussed in previous blog entries on November 30, 2012, May 18, 2013, and June 11, 2013.



(p. 3D) Omaha investor Warren Buffett's company bought nearly 3.7 million more shares of DaVita Inc. after the dialysis provider reported its earnings . . . [in the first week of November 2013].

Berkshire Hathaway Inc. said in documents filed with the Securities and Exchange Commission on Friday that it owns 35.1 million shares of DaVita.



For the full story, see:

THE ASSOCIATED PRESS. "Berkshire buys 3.7 million more shares of DaVita after report." Omaha World-Herald (Mon., November 11, 2013): 3D.

(Note: ellipsis and bracketed words added.)






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