The headlines were predictably misleading — Berkshire loses $2.69 billion! — but this mixed bag of an earnings report contained a few surprises, too
Nice article. Berkshire seems to want to keep their cash position at about $100 billion and adjusts buybacks for that level. It's higher at 3Q due to the (now past) Alleghany purchase in October.
Nice article. Berkshire seems to want to keep their cash position at about $100 billion and adjusts buybacks for that level. It's higher at 3Q due to the (now past) Alleghany purchase in October.