Berkshire Hathaway Inc (BRK.B)

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"Buffett's firm quadruples 3Q profit on investment gains"

"OMAHA, Neb. (AP) -- Warren Buffett's company more than quadrupled its third-quarter profits because of a huge paper gain in the value of its investments, although its insurance and railroad businesses also improved.

Notably, Buffett's company bought back nearly $1 billion in stock during the quarter — the first time that's happened in years — a possible sign that the world's most famous investor has been unable to find attractive investments to purchase.

Berkshire Hathaway Inc. said Saturday that it earned $18.54 billion, or $7.52 per Class B share. That's up from last year's $2.47 billion, or $1.65 per B share, when insurance losses from several hurricanes hurt results."

https://finance.yahoo.com/news/buffetts-firm-quadruples-3q-profit-124055109.html