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Berkshire Hathaway Reports Profit of $97 Billion Last Year, a Record
Posted inBerkshire Hathaway Inc Buffett, Warren E Company Reports Railroads Regulation and Deregulation of Industry

Berkshire Hathaway Reports Profit of $97 Billion Last Year, a Record

The conglomerate saw major gains in its insurance operations and in investment income. But revenues at its railroad and utility businesses declined from 2022.
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Posted by By Michael J. de la Merced
With Charlie Munger’s Death, Berkshire Loses a Custodian of Its Culture
Posted inBerkshire Hathaway Inc Munger, Charles T Stocks and Bonds

With Charlie Munger’s Death, Berkshire Loses a Custodian of Its Culture

Mr. Munger’s death won’t affect the day-to-day operations of the conglomerate, but shareholders will miss his imprint on the company’s ethos.
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Posted by By Joe Rennison
Charles T. Munger, Much More Than Warren Buffett’s No. 2, Dies at 99
Posted inBerkshire Hathaway Inc Buffett, Warren E Daily Journal Corporation Deaths (Obituaries) Munger, Charles T Omaha (Neb) Stocks and Bonds

Charles T. Munger, Much More Than Warren Buffett’s No. 2, Dies at 99

A billionaire in his own right, he was the vice chairman of Mr. Buffett’s hugely successful investment firm Berkshire Hathaway. But he had far more influence than his title suggested.
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Posted by By Andrew Ross Sorkin and Robert D. Hershey Jr.
Berkshire Stung by Losses in Its Stock Holdings
Posted inBerkshire Hathaway Inc Buffett, Warren E Company Reports Insurance Real Estate and Housing (Residential) Stocks and Bonds

Berkshire Stung by Losses in Its Stock Holdings

The conglomerate’s cash stake swelled to a record $157.2 billion in the third quarter even as it posted $23.5 billion in losses from investments.
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Posted by By Reuters

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