Berkshire Hathaway fourth-quarter operating earnings fall 8%, cash hoard swells to nearly $130 billion Berkshire Hathaway’s operating profits fell during the fourth quarter as inflationary pressures weighed on the conglomerate’s businesses. Berkshire Hathaway’s operating earnings totaled $6.7 billion in the fourth quarter of 2022, a release read Saturday. That’s down 7.9% from the year-earlier period when profits totaled $7.285 billion. Operating earnings refers to the total profits made from the businesses owned by the conglomerate. Earnings from Berkshire’s railroad, utilities and energy businesses came in at $2.2 billion in the fourth quarter of 2022, which is slightly down from the year-ago period. Meanwhile, the firm’s insurance-underwriting business fell to $244 million in the fourth
Twitter's new owner, Elon Musk, posted an informal poll Sunday asking users of the social media platform if he should step down as CEO. Musk claimed he will abide by the results of the poll, but it is unclear whether or not he will actually do so. The poll closed Monday morning with a majority of respondents calling for the billionaire to leave his post.
@Hopehope赋予希望:$Tiger Brokers(TIGR)$ Like what I shared earlier, money printing without real value backed is going to raise questions for US. Can Us just go on to print money out of its problem? If this is the case, what does it leave us? We know there is a serious problem somewhere but with the liquidity, the problem is being pushed down further the path... Inflation is likely not going to go away! Somehow countries are trying to reduce reliance on the US dollar and we can certainly see that happening... Will these countries succeed? Let's not forget that US has many tricks down it's sleeves... But ultimately if USD is going to be worthless, we should get a good business at a fair value so that the absolute value post currency conversion is still yieldin