Saturday, May 3, 2008

Berkshire Hathaway - 1st Quarter 2008

Reported $1.7 billion in unrealized derivatives losses. However, the company believes the contracts that led to the losses will "prove profitable over the 15-20 year periods they cover, but could lead earnings to swing widely because of reporting rules."

FIRST QUARTER 2008
  • Investment Gains.....$115 million
  • Insurance Underwriting.....$181 million
  • Insurance Investments.....$802 million
  • Non-insurance businesses.....$894 million
Share Price: $133k

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