Warren Buffett May Post $6 Billion Stock Gain After Wells Fargo Rally

The stock market rally may have helped boost Omaha, Nebraska-based Berkshire’s fourth-quarter unrealized net investment gains to $7.2 billion from $322 million a year earlier, Jay Gelb, a Barclays analyst, said today in a research report. Un…

The stock market rally may have helped boost Omaha, Nebraska-based Berkshire’s fourth-quarter unrealized net investment gains to $7.2 billion from $322 million a year earlier, Jay Gelb, a Barclays analyst, said today in a research report. Unrealized gains, which reflect increases in the market prices of investments such a stocks and bonds, aren’t used to calculate net profits and losses.

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