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Has Wall Street finally beat ‘The Oracle of Omaha’?

Buffett, Chairman of the Board and CEO of Berkshire Hathaway, poses for a portrait in New YorkBy Luciana Lopez NEW YORK (Reuters) - A five-year bull market may have finally outdueled one of the U.S. stock market's biggest bulls, and Warren Buffett will probably tell investors on Saturday that his 43-year run of beating the Street has come to an end. By his own benchmark for performance, Buffett's Berkshire Hathaway Inc almost certainly lagged a red-hot stock market in 2013 and probably also fell short over the previous five years, his favored timeframe for measuring the firm's return for its investors. Using the gain in Berkshire's book value per share after taxes, which Buffett traditionally contrasts with the pre-tax total return, including dividends, on the Standard & Poor's 500 Index, Berkshire will be hard pressed to match the S&P's 128.2 percent gain in the five years ended December 31, 2013. The whopping 32 percent total return on the S&P last year only makes it more likely that Berkshire's book value did not match the index's five-year performance.


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Ukraine gets look at fugitive leader’s documents

FILE - In this Saturday, Feb, 22, 2014, file photo, a protester waves an EU flag at Ukrainian President Viktor Yanukovych's country residence in Mezhyhirya, Ukraine. Ukrainians are getting an unfiltered look at the opulent lifestyle and alleged machinations of fugitive Yanukovych and his top officials from thousands of documents being posted online by journalists who say it’s more important to record their country’s history _ and document possible crimes _ than hold them back for their own scoops. Visitors to the YanukovychLeaks.org website can browse what appear to be the expense payments for running the sprawling compound just outside Kiev that reportedly was the Yanukovych’s home. (AP Photo/Efrem Lukatsky, File)KIEV, Ukraine (AP) — Ukrainians are getting an unfiltered look at the opulent lifestyle and alleged machinations of fugitive President Viktor Yanukovych and his top officials from thousands of documents being posted online by journalists who say it's more important to record their country's history — and document possible crimes — than hold them back for their own scoops.


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Jailed Venezuela protest leader mocks Maduro’s talks

By Andrew Cawthorne and Daniel Wallis CARACAS (Reuters) - Jailed Venezuelan protest leader Leopoldo Lopez scoffed on Friday at President Nicolas Maduro's efforts to open talks with opponents and businessman after a month of demonstrations and violence that have killed at least 17 people. Maduro, 51, seems to have weathered the worst of an explosion of protests against his socialist government that exposed deep discontent with economic problems and brought the nation's worst unrest in a decade. Some students are still setting up roadblocks and clashing with police in Caracas and the western state of Tachira. But the number of protesters has dropped, and many Venezuelans have begun heading for the beach to enjoy a long weekend for Carnival celebrations.
Read the rest of the story...Jailed Venezuela protest leader mocks Maduro’s talks