Berkshire Hathaway from Warren Buffett sold shares again last quarter and grew his cash stack to a new maximum

• Berkshire Hathaway from Warren Buffett recorded a 14% drop in the operational benefits of the first quarter on Saturday.

• Berkshire sold a net $ 1.5 billion and increased its money pile to a $ 348 million record.

• Buffett has been affected by heavy assessments for actions, acquisitions and recommendations.

Berkshire Hathaway from Warren Buffett recorded a 14% fall on the operating profits of the first quarter to $ 9.6 billion ahead of Buffett talking to the company Annual meeting very observed Saturday in Omaha.

The decrease in the profit of 49% year -on -year of the Berkshire insurance subscription division up to $ 1.4 billion was largely guilty of the general decrease in the company’s income.

The famous investor conglomerate sold a net $ 1.5 billion, as he bought $ 3.2 billion in shares and sold $ 4.7 billion. The displays marked the tenth consecutive quarter that has been a net seller of stocks.

However, sales were significantly smaller than last year, when Berkshire sold a $ 134 million dollars net In just 12 months.

The displays contributed to a 4% increase in the Berkshire cash stack at Register $ 348 millionor $ 333 million if $ 14.4 billion of payments for treasure purchases. This figure exceeds the market capital of most S&P 500 companies, including Bank of America and Coca-Cola.

Buffett did not choose to repurchase any Berkshire actions last quarter, which achieved three quarters in a row without a reward.

Have been the Ganga Hunter and his team frustrated by high assessments For public actions, private companies and even Berkshire shares in recent years.

It Lack of opportunities – And Berkshire Talking Positions key Apple and Bank of America last year – His stack of money has increased on record levels.

Regardless, Berkshire Class B shares have increased by 20% this year to trade with highs of $ 540. Stock has benefited from the fare crisis This has pushed the S&P 500 for 3% this year, as investors seek Haven in Berkshire and Bet on buffett to take advantage of If the market crashes.

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