What a great quarter Berkshire Hathaway had. Operating profit in the third quarter doubled to $6.88 billion from $3.44 billion a year earlier, and higher than the $6.11 billion expected. They also repurchased $928 million of there own stock and that was BEFORE the Oct. route. Berkshire also has $103.6 billion in cash, short-term Treasuries and other similar investments. Not bad says I.
After a rough October this is a welcome relief.
I am looking to add to my BRK.B pile.
I am long BRK.B.
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Best Regards,
Dreamryder007