Profits rebounded at Warren Buffett's conglomerate along with the value of its $353 billion stock portfolio in the second quarter to hit $35.9 billion, and Berkshire Hathaway's assorted businesses also performed well, led by strong results in its core insurance businesses, particularly Geico. Berkshire Hathaway said Saturday that its profits surged to hit $24,755 per Class A share. A year ago, the Omaha, Nebraska-based company recorded a loss of $43.6 billion, or $29,633 per Class A share, when the value of its biggest investments fell.
Buffet is a piece of shit.