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Stocks gain and Buffet's Berkshire swings a big profit
Repost
5 years ago
25
News
Trending News
Warren Buffett
Berkshire Hathaway Inc
Kraft Heinz Co
Chevron Corporation
Bill Gates
Howard Graham Buffett
Chevron Corp
Rick Wilking
Business
According to Reuters.com, "Warren Buffett’s Berkshire Hathaway Inc on Saturday swung to a big quarterly profit, bolstered by gains in its stock investments, and also posted a small increase in operating earnings..." Overall he made a 21.66 billion dollar profit, which is a 13,209 per Class A share. This is a huge difference between last years net loss of $1.14 billion, which is a $692 per Class A share.
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