New York Berkshire Hathaway is recovering from a rough start to a year in which it was hard hit by the coronavirus. Its second quarter earnings, released Saturday morning, were up almost 87% from last year, and a big turnaround from its huge first quarter loss.
Billionaire Warren Buffett's industrial and insurance conglomerate is typically considered a bellwether for the market, given the diverse businesses it owns, including Kraft Heinz, Geico, Duracell and more. Berkshire had net earnings of $26.3 billion, or $16,314 per Class A share equivalent, from $14.1 billion, or $8,608 per Class A share in the year-earlier quarter.
Why isn't he being investigated for how much his stock have gone up?
While Democrats obstruct & tear shit down, realDonaldTrump acts and never lets YOU down! ✅Payroll tax holiday ✅Student loan relief ✅Moratorium on evictions ✅$400/week in unemployment benefits Now Chuck & Nancy might sue to stop you from getting relief? Have at it, losers!
🤔GEICO
Someone page BernieSanders
How has his stock compared to Dow( about even), NASDAQ (way down) and S&P (too lazy to look but I imagine down)
As always the Rich get richer The Poor get poorer Having laid off 30% of it's work force How much of a pinch did Buffet feel do you think
And again, stock prices/earnings have fuck all to do with the economic recovery of the average citizen THAT DOESN’T OWN STOCK.
And he should be using the wealth to bring down the corrupt government's, world leaders, religious leaders, systems, laws, abusive cultural practices and social norms if he wants to make a positive difference
Thought Warren was in GITMO
iamhassaan we should’ve invested when it was 295K lol
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