Buffett’s firm quadruples 3Q profit on investment gains

Business 11/03/18, 08:41

Warren Buffett's company more than quadrupled its third-quarter profits because of a huge paper gain in the value of its investments, although its insurance and railroad businesses also improved.Berkshire Hathaway Inc. said Saturday that it earned $18.54 billion, or $7.52 per Class B share. That's up from last year's $2.47 ...

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