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Berkshire Hathaway records $377.4 billion in cash and cash equivalents in Q3

The Motley Fool +1 · ·by G4L

  1. 1Berkshire Hathaway recorded an operating profit of $12.7 billion in the third quarter.
  2. 2Berkshire Hathaway's cash and cash equivalents increased to $377.4 billion in the third quarter.
  3. 3Warren Buffett and Greg Abel have been net sellers of stocks in 15 of the last 16 quarters.

So what's the key point?

Berkshire Hathaway earned an operating profit of $12.7 billion in the third quarter. The company has increased its cash to $377.4 billion by continuously selling stocks recently.

Source The Motley Fool +1 · View original ↗

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