The Omaha-based conglomerate's operating earnings totaled $10.761 billion last quarter, 40.6% higher than the number from the same quarter a year ago.
Berkshire held a record level of cash at the end of September — $157.2 billion.
The “Oracle of Omaha” has been taking advantage of surging bond yields, buying up short-term Treasury bills yielding at least 5%.
Geico, the crown jewel of Berkshire's insurance empire, reported another profitable quarter
Buyback activity continued to slow down as Berkshire shares roared to a record high during the quarter. The firm spent $1.1 billion to repurchase shares, bringing the nine-month total to approximately $7 billion.
https://www.cnbc.com/2023/11/04/berkshire-hathaway-brk-earnings-q3-2023.html
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