Postaus

am Cige. For Berkshire's latest financial report, you can't just look at the numbers; you have to read the signals behind them. This is the second full quarterly report since Greg Abel officially took over as CEO, delivering a result of net profit doubling. But the real signal isn't how much the profit increased, it's that the 14-quarter streak of net selling has ended. That giant, which had accumulated nearly 400 billion in cash, has started spending. Doubling net profit is superficial; spending is the essence. In Q2, net profit attributable to shareholders was $25.667 billion, up about 107% from $12.370 billion in the same period last year. Operating profit was $12.983 billion, a 16% year-over-year increase. The doubling of net profit was mainly driven by investment gains. After-tax investment income in Q2 was $12.684 billion, including an unrealized gain of about $10.9 billion in the stock portfolio. GAAP net profit has always been volatile; Buffett himself has said countless times that single-quarter net profit is meaningless, and operating profit is the true measure of business performance. #AIMemorySelloffEases #BTCETHETFInflowsReturn #SpaceXShortCovering