Warren Buffett loses $750 million after his investment goes bad

When it comes to picking stocks, he's known as the Oracle of Omaha - able to make his investors billions, but it seems even Warren Buffett can make mistakes when it comes to cherry picking shares.
Buffet's Berkshire Hathaway investment group began trading in Tesco shares last autumn with $425 million of stock coupled with an option to buy $125 million more.
But the price fell almost instantly, and then kept on falling wiping away hundreds of millions of dollars in the process.

Source: dailymail