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Warren Buffett’s firm reports USD 2.7 billion loss on investment drop in third quarter

Summary by Ground News
Berkshire Hathaway reported a quarterly loss Saturday of USD 2.7 billion, or USD 1,832 per Class A share. That’s down from a USD 10.3 billion profit a year ago when the stock market was soaring. In the second quarter of this year, Berkshire reported a USD 44 billion loss. Berkshire owns a number of businesses linked to the housing market.

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MY Northwest broke the news in Tacoma, United States on Saturday, November 5, 2022.
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