Berkshire Hathaway Inc. : Warren Buffett prepares for the worst

This year, Berkshire earned $97 billion on the $133 billion worth of shares sold, for a net profit of $76.5 billion after tax. Berkshire’s operating profits fell 6% in the third quarter, due to hurricane-related insurance losses and higher reinsurance costs. Losses from Hurricane Helene cost $565 mi…
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