Berkshire Hathaway posts loss while cash pile grows to $157B
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Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) reported its first quarterly loss in a year while operating earnings jumped by 40% and the firm’s cash reserves reached a record $157.2 billion. The quarterly loss has been heavily attributed to the company’s stake in Apple (AAPL). Yahoo Finance’s Seana Smith and Brad Smith report on Berkshire Hathaway’s third-quarter earnings and weigh in on what analysts are saying about the market’s impact on profit margins. #yahoofinance #youtube #warrenbuffet Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial […]