👍-To The Moon - Tiger Brokers Online Investing Community

2
Comment
Favorite

SuccesInvst
2023-02-25

👍

Warren Buffett's Letter to Shareholders, Berkshire Hathaway's Q4 Results on Tap

It's that time of year again — time for Berkshire Hathaway's (NYSE:BRK.B) (NYSE:BRK.A) famed CEO War

Warren Buffett's Letter to Shareholders, Berkshire Hathaway's Q4 Results on Tap

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":9957243706,"tweetId":"9957243706","gmtCreate":1677327768905,"gmtModify":1677327772228,"author":{"id":4099029840674880,"authorId":4099029840674880,"authorIdStr":"4099029840674880","name":"SuccesInvst","avatar":"https://community-static.tradeup.com/news/ff090ccd1da1d069698d50b9c5ce27b2","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>👍</p></body></html>","htmlText":"<html><head></head><body><p>👍</p></body></html>","text":"👍","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9957243706","repostId":2314338834,"repostType":4,"repost":{"id":"2314338834","pubTimestamp":1677280741,"share":"https://www.laohu8.com/m/news/2314338834?lang=&edition=full","pubTime":"2023-02-25 07:19","market":"us","language":"en","title":"Warren Buffett's Letter to Shareholders, Berkshire Hathaway's Q4 Results on Tap","url":"https://stock-news.laohu8.com/highlight/detail?id=2314338834","media":"seekingalpha","summary":"It's that time of year again — time for Berkshire Hathaway's (NYSE:BRK.B) (NYSE:BRK.A) famed CEO War","content":"<html><head></head><body><p>It&#39;s that time of year again — time for Berkshire Hathaway&#39;s (NYSE:BRK.B) (NYSE:BRK.A) famed CEO Warren Buffett to write his annual letter to the company&#39;s shareholders and for the broad-based company to disclose Q4 and full-year 2022 results. Both are scheduled to drop on Saturday, 7:00 AM Central time.</p><p>With businesses encompassing everything from candy to aerospace components to insurance, the company offers a microcosm of the U.S. economy. Add to that its massive equities portfolio, and Berkshire Hathaway (BRK.B) offers a view of the state of American business like no other company.</p><p>While the company is nowhere near considered a tech giant, its largest equity holding, Apple (AAPL), is. And though it doesn&#39;t provide health care services, it held 36M shares in DaVita Healthcare (DVA), which provides kidney dialysis services, as of Dec. 31, 2022.</p><p>With the company&#39;s 13F filing in mid-February, Berkshire&#39;s (BRK.B) top five stock holdings, accounting for ~76% of its portfolio, at the end of Q4 are already disclosed — Apple (AAPL), Bank of America (BAC), Chevron (CVX), Coca-Cola (KO), and American Express (AXP).</p><p>In years past, Warren Buffett has used the annual letter to map out plans for his Berkshire (BRK.B) shares after he&#39;s gone, and highlighted long-time investment managers Todd Combs and Ted Wechsler role in making equity investments. He has also extolled the advantages of acquiring stakes in well-run companies and urged shareholder to not focus on book value per share.</p><p>Shareholders will likely look for Buffett&#39;s assessment of not only how well the company is doing, but how well the U.S. economy is doing and what the company may be doing to prepare for a potential recession. In addition, they&#39;ll look for any clues on whether there are any big acquisitions on the horizon. In October, Berkshire (BRK.B) completed its $11.6B acquisition of specialty insurer <a href=\"https://laohu8.com/S/Y\">Alleghany Corp</a>.</p><p>In its quarterly earnings, investors are always interested is the amount of cash and short-term investments on Berkshire&#39;s (BRK.B) balance sheet and the amount of its own stock that the company repurchased. For points of reference, at Sept. 30, 2022, the company held ~$109.0B of cash and short-term securities. It bought back ~$1.05B of its common stock in Q3 2022.</p><p>In looking at the company&#39;s Q4 and 2022 results, CFRA analyst Cathy Seifert points to two areas she&#39;s interested in — Geico&#39;s underwriting performance and how well Berkshire&#39;s (BRK.B) reinsurance business is leveraging strength in renewal rates.</p><p>For Geico, she points out that the company posted a $1.4B pretax underwriting loss for the nine months ended Sept. 30, 2022 vs. $1.4B pretax operating profits in the year-ago period. What, if any, corrective actions is the company taking to remedy that? she asks.</p><p>In the reinsurance industry, CFRA estimates reinsurance net written premiums rose 12%-15% in 2022 and sees that rising to 13%-18% in 2023 as demand for reinsurance has been strong &#34;and recent renewal rates have increased substantially.&#34;</p><p>Berkshire&#39;s stock portfolio value rose to ~$299B from $296B in Q4, pointed out SA contributor John Vincent in his analysis of Warren Buffett&#39;s portfolio.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett's Letter to Shareholders, Berkshire Hathaway's Q4 Results on Tap</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett's Letter to Shareholders, Berkshire Hathaway's Q4 Results on Tap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-25 07:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3939312-warren-buffetts-letter-to-shareholders-berkshire-hathaways-q4-results-on-tap><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's that time of year again — time for Berkshire Hathaway's (NYSE:BRK.B) (NYSE:BRK.A) famed CEO Warren Buffett to write his annual letter to the company's shareholders and for the broad-based company...</p>\n\n<a href=\"https://seekingalpha.com/news/3939312-warren-buffetts-letter-to-shareholders-berkshire-hathaways-q4-results-on-tap\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","BK4176":"多领域控股","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","LU0061474960.USD":"天利环球焦点基金AU Acc","BK4554":"元宇宙及AR概念","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","BRK.A":"伯克希尔","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","SG9999002232.USD":"Allianz Global High Payout USD","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","BRK.B":"伯克希尔B","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","SG9999014559.SGD":"United Income Focus Trust Dis SGD","LU1861217088.USD":"贝莱德金融科技A2","LU0251142724.SGD":"Fidelity America A-SGD","AAPL":"苹果","SG9999014567.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","BK4559":"巴菲特持仓","BK4166":"消费信贷","BK4501":"段永平概念","LU0266512127.USD":"摩根大通环球自然资源 A(acc)","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","SG9999015358.SGD":"United Income Focus Trust Dis SGD-H","BK4550":"红杉资本持仓","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU0444971666.USD":"天利全球科技基金","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0149725797.USD":"汇丰美国股市经济规模基金","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","SG9999014542.SGD":"United Income Focus Trust Acc SGD","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","LU0109391861.USD":"富兰克林美国机遇基金A Acc"},"source_url":"https://seekingalpha.com/news/3939312-warren-buffetts-letter-to-shareholders-berkshire-hathaways-q4-results-on-tap","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2314338834","content_text":"It's that time of year again — time for Berkshire Hathaway's (NYSE:BRK.B) (NYSE:BRK.A) famed CEO Warren Buffett to write his annual letter to the company's shareholders and for the broad-based company to disclose Q4 and full-year 2022 results. Both are scheduled to drop on Saturday, 7:00 AM Central time.With businesses encompassing everything from candy to aerospace components to insurance, the company offers a microcosm of the U.S. economy. Add to that its massive equities portfolio, and Berkshire Hathaway (BRK.B) offers a view of the state of American business like no other company.While the company is nowhere near considered a tech giant, its largest equity holding, Apple (AAPL), is. And though it doesn't provide health care services, it held 36M shares in DaVita Healthcare (DVA), which provides kidney dialysis services, as of Dec. 31, 2022.With the company's 13F filing in mid-February, Berkshire's (BRK.B) top five stock holdings, accounting for ~76% of its portfolio, at the end of Q4 are already disclosed — Apple (AAPL), Bank of America (BAC), Chevron (CVX), Coca-Cola (KO), and American Express (AXP).In years past, Warren Buffett has used the annual letter to map out plans for his Berkshire (BRK.B) shares after he's gone, and highlighted long-time investment managers Todd Combs and Ted Wechsler role in making equity investments. He has also extolled the advantages of acquiring stakes in well-run companies and urged shareholder to not focus on book value per share.Shareholders will likely look for Buffett's assessment of not only how well the company is doing, but how well the U.S. economy is doing and what the company may be doing to prepare for a potential recession. In addition, they'll look for any clues on whether there are any big acquisitions on the horizon. In October, Berkshire (BRK.B) completed its $11.6B acquisition of specialty insurer Alleghany Corp.In its quarterly earnings, investors are always interested is the amount of cash and short-term investments on Berkshire's (BRK.B) balance sheet and the amount of its own stock that the company repurchased. For points of reference, at Sept. 30, 2022, the company held ~$109.0B of cash and short-term securities. It bought back ~$1.05B of its common stock in Q3 2022.In looking at the company's Q4 and 2022 results, CFRA analyst Cathy Seifert points to two areas she's interested in — Geico's underwriting performance and how well Berkshire's (BRK.B) reinsurance business is leveraging strength in renewal rates.For Geico, she points out that the company posted a $1.4B pretax underwriting loss for the nine months ended Sept. 30, 2022 vs. $1.4B pretax operating profits in the year-ago period. What, if any, corrective actions is the company taking to remedy that? she asks.In the reinsurance industry, CFRA estimates reinsurance net written premiums rose 12%-15% in 2022 and sees that rising to 13%-18% in 2023 as demand for reinsurance has been strong \"and recent renewal rates have increased substantially.\"Berkshire's stock portfolio value rose to ~$299B from $296B in Q4, pointed out SA contributor John Vincent in his analysis of Warren Buffett's portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}