Warren Buffett’s Berkshire Hathaway Inc. said third-quarter earnings fell as unrealized investment gains declined, but operating earnings climbed.
Berkshire reported third-quarter net earnings of $16.5 billion, or $10,119 per Class A share equivalent, from $18.5 billion, or $11,280 a share, in the year-earlier period. Last year’s third-quarter earnings surged due to unrealized investment gains.
Recession is coming !!
That is 1+0.5x
It's a pity, but no better idea.
Bail! There are plenty of other choices.
In other words...he made money.
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