Uncle Buffet never misses ๐Ÿ˜‰

Uncle Buffet never misses ๐Ÿ˜‰

Value nerds were busy sifting through Berkshire Hathawayโ€™s 2nd quarter numbers over the weekend โ€” overall, a good show bolstered by broad strength in economic recovery.

Total earnings for the empire grew to $28 billion, up 6% YoY, while earnings from businesses that Berkshire directly runs itself, grew a much stronger 28% YoY to $6.7 billion.

FYI, $BRK either invests into a diverse set of unlisted and listed businesses (like Apple, GM, Visa, Verizon, NuBank), or itself operates a mix of uncorrelated enterprises.

Also, BRK is heavy loaded in these old-school sectors, such as energy/utilities, railroads, chemicals โ€” and the economic machine getting back on track is helping put up these growth figures. ๐Ÿ‘

Bruno Mars GIF
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