Published 2 years ago

Buffett's firm reports $44B loss but its businesses thrive

Summary by Ground News

Berkshire Hathaway reported a $43.76 billion loss in the second quarter. The paper value of its investments plummeted and he bought significantly fewer stocks. Berkshire Hathaway's many operating companies generally performed well. Berkshire said operating profits were up at all of its major units.

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Associated Press News

Buffett's firm reports $44B loss but its businesses thrive

Warren Buffett’s company reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted. But Berkshire Hathaway’s many operating companies generally performed well suggesting

2 years ago·United States

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abc News

Buffett's firm reports $44B loss as portfolio value falls

Warren Buffett's company has reported a $43.76 billion loss in the second quarter as the paper value of Berkshire Hathaway’s investments plummeted and he bought significantly fewer stocks

2 years ago·United States

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KRDO

Buffett's firm reports $44B loss as portfolio value falls

By JOSH FUNK AP Business WriterOMAHA, Neb. (AP) — Warren Buffett’s company has reported a $43.76 billion loss in the second quarter as the paper value of Berkshire Hathaway’s investments plummeted and he bought significantly fewer stocks. But Berkshire Hathaway’s many operating companies generally performed well. Berkshire said Saturday that a largely unrealized $53 billion decline in the value of its investments forced it to report a loss of ne…

2 years ago·Colorado Springs, United States

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The Epoch Times

Buffett's Firm Reports $44 Billion Loss as Portfolio Value Falls

OMAHA, Neb.—Warren Buffett’s company reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted and he bought significantly fewer stocks, but Berkshire Hathaway’s many operating companies generally performed well. Berkshire said Saturday that a largely unrealized $53 billion decline in the value of its investments forced it to report a loss of nearly $44 billion, or $29,754 per Class A share. That is dow…

2 years ago·New York, United States

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