巴菲特周六发布《致伯克希尔•哈撒韦股东信》，2018年，伯克希尔•哈撒韦对卡夫亨氏的投资大幅减记造成第四季度253.9亿美元的亏损。请看本报昨日的报道：

Warren Buffett on Saturday appeared to fault U.S. President Donald Trump for taking too much credit for the nation’s economic growth, while acknowledging that market conditions are making it tough for his Berkshire Hathaway Inc. to find more big companies to buy.

Buffett lamented these states of affairs in his widely read annual letter to Berkshire shareholders.

Accompanying the letter was more bad news, that sinking stock prices and a big writedown for the company’s Kraft Heinz Co. investment fueled a US$25.39 billion fourth-quarter net loss, and caused Berkshire to post its lowest annual profit since 2001.

报道中的writedown就是“减记、减值”，是个会计术语，指由于经济或者投资标的公司基本面变化减少簿记的帐面价值，相反的词是writeup，writeoff则是“勾销坏帐”。