Berkshire Hathaway Inc. (NYSE: BRK-A) has published its earnings after the close.
Unfortunately, traders maybe looking more forward to the new list of public company holdings than anything.
Net earnings were listed as $2.880 Billion, with Investment & derivative gains/losses of $610 million and operating earnings of $2.27 Billion.
To derive operating earnings, the company gave a breakdown of $360M forinsurance-underwriting, $884M in Insurance-investment income, $1.086Bin non-insurance businesses, and a "other" loss at -$60M. As areminder, unrealized gains are not put in earnings.
If you want a full breakdown by segment, here is the full quarterly filing with the full details.
Even if those who question Berkshire Hathaway as a great investmentvehicle ahead, it’s obvious that the old guy still knows how to roll inthe dough.
Jon C. Ogg
August 8, 2008
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