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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.
Published 3 months ago

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Warren Buffett's firm reports $2.7 billion loss on investment drop

Berkshire Hathaway reported a quarterly loss Saturday of $2.7 billion, or $1,832 per Class A share. That's down from a $10.3 billion profit, or $6,882 per Class A share, a year ago when the stock market was soaring. In the second quarter of this year, Berkshire reported a $44 billion loss.

3 months ago·Mumbai, India
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Warren Buffett's firm reports $2.7B loss on investment drop

OMAHA, Neb. (AP) — Warren Buffett's company again reported a loss — this time only $2.7 billion — because of a drop in the paper value of its investment portfolio in the third quarter, but most of its operating businesses performed well with the notable exception of Geico.

3 months ago·United States
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Warren Buffett's firm reports $2.7B loss on investment drop

Warren Buffett's company reported a $2.7 billion loss Saturday as the paper value of its investment portfolio fell during the third quarter, but most of its operating businesses performed well with the notable exception of Geico

3 months ago·United States
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Warren Buffett’s firm reports $2.7B loss on investment drop

Warren Buffett's company again reported a loss - this time only $2.7 billion - because of a drop in the paper value of its investment portfolio in the third quarter, but most of its operating businesses performed well with the notable exception of Geico.

3 months ago·Washington, United States
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Warren Buffett’s firm reports $2.7B loss on investment drop

OMAHA, Neb. >> Warren Buffett’s company again reported a loss — this time only $2.7 billion — because of a drop in the paper value of its investment portfolio in the third quarter, but most of its operating businesses performed well with the notable exception of Geico.

3 months ago·Honolulu, United States
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Warren Buffett's firm reports $2.7B loss on investment drop

OMAHA, Neb. (AP) — Warren Buffett’s company again reported a loss — this time only $2.7 billion — because of a drop in the paper value of its investment portfolio in the third quarter, but most of its operating businesses performed well with the notable exception of Geico.Berkshire Hathaway reported a quarterly loss Saturday of $2.7 billion, or $1,832 per Class A share. That’s down from a $10.3 billion profit, or $6,882 per Class A share, a year…

3 months ago·Tacoma, United States
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