Berkshire Hathaway's 2Q22 earnings, link here:
- The conglomerate’s operating earnings totaled $9.283 billion in the second quarter of 2022, marking a 38.8% increase from a year ago.
- However, the company posted a $53 billion loss on its investments during the quarter.
- Warren Buffett again asked investors to not focus on the quarterly fluctuations in its equity investments.
The conglomerate’s operating earnings — which encompass profits made from the myriad of businesses owned by the conglomerate like insurance, railroads and utilities — totaled $9.283 billion in the second quarter of 2022, Berkshire reported Saturday morning. It marked a 38.8% increase from the same quarter a year ago.
Let's see: that would be:
- BNI
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