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bar1080

05/15/20 1:31 AM

#1366 RE: gfp927z #1365

That's a bit misleading. BRK is down a lot if you measure from Jan 1, 2020. From other dates, it's doing decently.

"Berkshire just posted the largest-ever loss by an S&P 500 company." That's because of new mark-to-market accounting. BRK's operating insurance holdings are very nicely profitable.

BRK's cash stash of $135 billion is brilliant. I don't like banks, but he was right about banks being pretty clean these days.

BRK is rock solid. Plenty of corps aren't nowadays.