Berkshire Hathaway Increases Operating Profit by 33% in Q3 and Divests $6 Billion in Stocks

Berkshire Hathaway's operating profits rose by 33% to $13.5 billion after taxes in the third quarter, supported by strong insurance underwriting profits as well as gains in the company's railroad and manufacturing sectors.  The company did not buy back any of its own shares during this period, continuing a trend that began in May 2024.  The mountain grows: record cash of over $380 billion  Berkshire's cash and cash equivalents continued to increase, rising to a record $381 billion at the end of September, up from $344 billion at the end...