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Berkshire Hathaway’s Quarterly Earnings Fell as Unrealized Investment Gains Declined

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Warren Buffett’s Berkshire Hathaway said third-quarter earnings fell as unrealized investment gains declined but operating earnings climbed

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.

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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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