Berkshire Hathaway to Show Investors If Adventurous Moves Lifted Profit

(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. has some new tactics to show off.The billionaire’s conglomerate spent the third quarter plowing funds into international businesses and an initial public offering, atypical pursuits for a company that spent the start of the year watching from the sidelines as the Covid-19 pandemic spread.On Saturday, investors get to see how much of an impact that capital deployment had when Berkshire reports third-quarter results. It already helped propel gains for the stock that were twice as high as the S&P 500’s advance during the period.After sounding a warning in May about fallout from the …read more

Source:: Yahoo Finance


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