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More on Berkshire's Q2: Revenue totaled $38.5B (+1% Y/Y). Insurance businesses produced...
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Friday, August 3, 2012, 5:51 PM ETMore on Berkshire's Q2: Revenue totaled $38.5B (+1% Y/Y). Insurance businesses produced operating earnings of $1.69B, +71% Y/Y. Non-insurance businesses had op. earnings of $2.2B (+22%), and "Other" had a $167M loss. Book value reached $107.4K per A share, up 7.5% YTD. Insurance float was $71.1B. Railroad, Utilities, and Energy had revenue of $7.81B (+5% Y/Y). (PR) (10-Q)
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So why do people get so excited?