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In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett’s Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%. Bloomberg | Bloomberg | Getty Images Warren Buffett released Saturday his annual letter to shareholders. In it, the CEO of Berkshire Hathaway discussed how […]
Read MoreWarren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogen | CNBC The mystery over Warren Buffett’s surprisingly defensive stance deepened over the weekend. The 94-year-old CEO of Berkshire Hathaway sold more stocks in the latest quarter and grew […]
Read MoreKey Points The Warren Buffett-led conglomerate said its operating profit — which encompasses earnings from the company’s wholly owned businesses — skyrocketed to $14.527 billion during the final three months of 2024. That was led by by a whopping 302% jump in insurance underwriting from the year-earlier period to $3.409 billion. Source
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