Berkshire Hathaway Inc Reports Strong Quarterly Results

Berkshire Hathaway Inc, led by Warren Buffett, has released its latest quarterly results. Key highlights include:

• Operating earnings increased by 71% compared to the previous quarter.
• The company’s insurance segment reported significant gains, contributing to the overall increase in operating earnings.
• This marks the third consecutive year of record profits for Berkshire Hathaway.

Cash Reserves and Investment Plans

The company’s cash reserves have grown to over $334 billion. Warren Buffett has announced plans to further invest in Japan.

Stock Price Performance

The stock price has responded positively to these developments, with a notable increase in value.