Warren Buffett examines accessories on the eve of the annual shareholder of Berksshire Hathaway in Omahi, Nebraska, May 3, 2024.
David A. Grogen | CNBC
Berksshire Hathaway The shares have encouraged after the Warren Buffett conglomerate reported on the rise of operational earnings, but the shareholders who were waiting for news about what would happen to his huge pile of money might be disappointed.
Class A of the Parents of the Geico and BNSF based in Omahi jumped on Monday almost 4% after Berksshire’s earning report on Saturday. Operational profit Berksshire – earnings from companies fully owned – suddenly jumped 71% to $ 14.5 billion In the fourth quarter, with the help of insurance insurance, where the profit jumped 302% compared to the period of the year, to $ 3.4 billion.
Investing in Berksshire, however, he suddenly slowed down, however, in the fourth quarter, to $ 5.2 billion from $ 29.1 billion in the period of the year. Berksshire sold more shares than he bought for the ninth consecutive quarter in three months last year, bringing the total stock sales to more than $ 134 billion in 2024. Particularly 94-year-old Buffett aggressively reduced Berksshire’s two biggest capital heads- Apple and Bank of America.
As a result of the sales of sales, Berkshire Gigantic Gnovina has grown to another record, $ 334.2 billion, which is $ 325.2 billion at the end of the third quarter.
In Buffett’s annual letter, “Oracle of Omaha” said that an increase in a record amount of money does not reflect the muffle of his love for the purchase of shares and companies.
“Despite what some commentators are currently seeing as an extraordinary monetary position in Berksshire, the vast majority of your money stay in capital,” Buffett wrote. “That tendency will not change.”
He hinted that high estimates were the reason for sitting on his hands in the midst of an angry bull market, saying “often, nothing looks convincing.” Buffett also supported Greg Abela’s ability, his chosen heir, to choose capital capabilities, even comparing him to the late Charlie Munger.
In the meantime, the Halt baeshire is still in effect, as the conglomerate has purchased zero shares in the fourth quarter and in the first quarter of this year, until February 10th.
Some investors and analysts expressed impatience due to lack of action and continued to wait for the explanation, while others believe that Buffett’s conservative position will open the way to big opportunities in the next fall.
“Shareholders should comfort knowing that the company still manages to survive and appear stronger than any economic or market fall by being in a financial position to use opportunities during the crisis,” said Bill Stone, Director CEO in Glenview’s company trust and the Berksshire shareholder.
Berksshire came out of a strong year, when in 2024 he gathered 25.5%, surpassed the S&P 500 – the best since 2021. Stocks have increased by more than 5% so far in 2025.
