Berkshire is the largest holding in the XLF which is the financial ETF , This is one of, if not the biggest reason for the sell off . Unfortunately Berkshire is lump together with all of the other financial stocks.
T Berkshire makes about $400 Million on Coke dividends alone each year. This allows Berkshire to go out and buy more companies for add on's etc... Please explain the companies that Berkshire buys that want to lose money ?