Berkshire Hathaway's Cash Reserves Reach Record $382 Billion Amid Earnings Growth
TL;DR Summary
Berkshire Hathaway's cash reserves hit a record $382 billion in Q3, with operating earnings up 34%, driven by strong insurance profits, though investment income declined and share buybacks were paused, signaling cautious optimism as Buffett prepares to hand over CEO duties.
- Buffett’s Berkshire Cash Hits Record $382 Billion, Earnings Soar Bloomberg
- Berkshire's operating earnings jump 34%, Buffett buys back no stock and raises cash hoard to $381 billion CNBC
- Buffett keeps selling stocks — and more takeaways from Berkshire Hathaway earnings MarketWatch
- Berkshire Hathaway's profits rise 17% as Warren Buffett prepares to step down as CEO Yahoo Finance
- Berkshire Hathaway offloads further $6.1bn of stock Financial Times
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