Berkshire Hathaway’s Profit Rises, Boosted by Investment Returns

  • 📰 WSJ
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Berkshire Hathaway’s quarterly results were boosted by the company’s vast investment portfolio

Berkshire Hathaway Inc.’s third-quarter profit rose as investments rallied, though a loss for the company’s insurance underwriting pinched its operating profit.

Berkshire reported third-quarter net earnings of $30.1 billion, or $18,994 per Class A share equivalent, up from $16.5 billion, or $10,119 per Class A share equivalent, in the year-earlier period.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Very Smart man Mr. Buffett is, Been doing it for years, Congratulations! You want to make Money do as He Does. You to can have True health, Healthy Mind Body and Finances system explained Click here

If Biden is elected, you can kiss these earnings...goodbye!!!

I think you're nuts Berkshire $BRK - has underperformed the $SPY ETF not only this year but over the past 5 & 10 years! Better to just use the $SPY ETF as a benchmark vs Buffet. $BRK YTD (-8.3%) $SPY YTD +9.4% $BRK 5YR +53% $SPY 5YR +86% $BRK 10YR +163% $SPY 10YR +261%

Yes. The Berkshire investment portfolio was boosted by the ABSOLUTE DESTRUCTION of small and medium size businesses and employment losses across America The quarterly results are the evidence.

How much money did Warren give to democrat clowns?

Why does no one question its ReInsurance Unit that gets to see proprietary financials?

Man, these guys really know how to make money!

thanks

Canada Canada Latest News, Canada Canada Headlines