Buffett's Last big Move? Berkshire's Earnings Plummet and Defies Crisis With Giant $344 Billion Cushion!

Reading Time: 4 minutes
Warren Buffett, the investing legend from Omaha, is steering his billion-dollar empire Berkshire Hathaway (BRK/A, BRK/B) during a period full of upheavals and uncertainties. Just before his retirement as CEO at the end of the year, the 94-year-old presents solid but tempered quarterly numbers. While write-downs on the problematic investment Kraft Heinz weigh on profits, the railroad and energy businesses are thriving. With a record cash reserve of over $344 billion, Buffett remains capable of action—but chooses to hold back on the buying side...
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