Hedge funds short the Sage of Omaha

Short sellers have focused their attention on Warren Buffett's Berkshire Hathaway, with the number of the firm's B shares on loan increasing fivefold, as hedge funds look to profit from concerns over the industrial conglomerate's multi-billion dollar takeover of a US railway operator.

Berkshire Hathaway announced a $36bn (€24bn) deal to acquire the remaining 77.4% of US railway operator Burlington Northern Santa Fe Corporation that it does not already own on November 3.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump