Berkshire's New Era Begins: Why I'm Still A Buyer
Berkshire Hathaway reported a 17.7% increase in Q1 operating earnings, reaching $11.35 billion. Despite this growth, the company's substantial cash reserves of $397 billion are seen as a drag on returns. The article argues that Berkshire's stock remains a worthwhile investment.
- ▪Berkshire Hathaway's Q1 operating earnings grew by 17.7% to $11.35 billion.
- ▪The company holds a significant cash pile of $397 billion, which impacts its returns.
- ▪The author believes that Berkshire's stock is still a good buy despite the cash drag.
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