second-quarter earnings report this weekend, ranging from the possibility of record overall net income to weaker operating results from the conglomerate's industrials companies.
"Berkshire's 2Q net earnings will almost certainly be impressive," Stone wrote in an email. But "investors should be more interested in the operating earnings since that reflects the real earnings power of the firm." Utilities, often seen by investors as a bond proxy, could even be a source of strength in the second-quarter report, Stone said.But despite expectations for a blowout net income number, Berkshire's equity lagged the market during the second quarter and actually slipped 2.36%. That's all the more reason investors should be paying attention to how much of its own stock Berkshire purchased in the second quarter, according to UBS analyst Brian Meredith.
Looking forward at reaping the benefits.
manipulators want SP 500 in maax today . End game
Buffet quit on America
WarrenBuffett
Fed monetary inflation lifts all boats. Even a monkey looks like an investing genius in a stock market bubble.
The old man who capitulated and sold airlines at the absolute bottom, and then missed the historical V-shaped recovery ? No thanks .
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