Warren Buffett's Berkshire reports $44B loss as value of investments falls

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MARKET MAYHEM: Warren Buffett’s Berkshire Hathaway reported a $43.76 billion loss in the second quarter as the value of the company's investments plummeted, in what was a tumultuous quarter for the markets.

They all fell significantly during the second quarter, but rebounded during the third quarter, boosting the value of Berkshire’s portfolio since the end of the quarter.

Berkshire did report a $487 million pretax underwriting loss at Geico, which reported bigger auto claims losses because of the soaring value of vehicles and ongoing shortages of car parts.

 

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😆 🤣 😂

Picture of traitor

If Warren Buffett losing money, Then we are in a Recession

Just in time for them to start paying their fair share.

What I would give to have a $44 billion loss in a quarter.

Should of baught meme stocks

Not a very precise headline. Misleading in fact. Do better

stock tip, you only loose money when you sell your stock out of fear rather than hold onto it

Apparently the govt is not helping him anymore No more easier deals in this built back broke economy

can’t copy it no more

cuz i changed my trading strategy haha

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