The opportunity-starved organization is likely to start making major investments again -- just in a different way.
Berkshire Hathaway shares rose to a record on Monday after the conglomerate run by Warren Buffett posted its highest-ever quarterly profit, driven by improvement in insurance operations.
The conglomerate’s operating profit — earnings from the company’s wholly-owned businesses — skyrocketed 71% to $14.5 billion in the fourth quarter.
Berkshire Hathaway on Saturday reported operating earnings for the fourth quarter surged 71% after taxes to a record $14.5 billion.
Warren Buffett's Berkshire Hathaway has pared key bets such as Apple and spent little on stocks, boosting its cash pile to record levels. Warren Buffett's Berkshire Hathaway built a record cash ...