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Gold
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Demo Trading
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CFD
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SK Hynix
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Gate TW Stocks
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Popular stock options, flexible leverage
Stocks Activities
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Backed by real stock assets
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Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
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Pre-IPOs
Unlock full access to global stock IPOs
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Berkshire’s third-quarter earnings report: net income was $22.1 billion, down 28% year over year. Investment gains were $9.4 billion, down 45% quarter over quarter.
It repurchased $9.6 billion of its own shares in the third quarter. So basically, it used some of what it earned from investments to buy back shares—pretty crafty.
Its cash reserves also rose to $377.4 billion. In other words, Buffett is still waiting. Even with U.S. stocks down this much, does that mean the Oracle of Omaha is still waiting for cheaper shares?