This significant increase reflects the company's strong performance and successful business strategies during the period. As a result, the conglomerate has demonstrated robust financial growth and profitability, showcasing its ability to generate substantial earnings from its core operations. This remarkable achievement underscores the conglomerate's position as a key player in the market and highlights its potential for continued success in the future.
Berkshire's Investment Gains Decline in Fourth Quarter
In the fourth quarter, Berkshire Hathaway experienced a significant slowdown in its investment gains, dropping to $5.2 billion from $29.1 billion compared to the same period last year.
Berkshire's Equity Sales Exceed Purchases
For the ninth consecutive quarter, Berkshire Hathaway sold more equities than it purchased, with the total sales surpassing $134 billion in 2024.
Buffett Shrinks Berkshire's Equity Holdings
Warren Buffett, the 94-year-old chairman of Berkshire Hathaway, has been actively reducing the company's two largest equity holdings, which include Apple and Bank of America.