Berkshire Hathaway Inc (BRK.B)

[John Smith Kalk]

No doubt Warren Buffett’s Berkshire Hathaway has witnessed a decent recovery in operating income in Q3 as compared to Q2. Berkshire acknowledged that the quarterly performance was a stellar one as the conglomerate is bouncing back from a low base a year ago but is still unsure when results will indeed return to normal. At the peak of the COVID-19 crisis, Berkshire witnessed a massive slowdown, with its operating income dropping 10% in the second quarter of 2020 YoY and nosediving almost 30% in the next quarter.