Author: SCOTT MORGAN
Last year, the American billionaire’s company earned almost HRK 90,000 million
Berkshire Hathaway, billionaire Warren Buffett’s company, I had losses net in 2022 $22.819 million, compared to $89.795 million the previous yeardue to volatility in the stock market. As for the most recent quarter, the Omaha, Nebraska-based company yesterday reported earnings of $18,164 million, less than half of the $39,646 earned in the same period in 2021.
Company accounts are particularly volatile for a accounting standard that entered into force in 2018 and this forces you to include the change in the value of the stocks you own, which, given your huge portfolio, causes large movements depending on the market.
Source: La Vozde Galicia
I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.
