"Stock God" Buffett concludes legendary career! Berkshire Q3 operating profit surged 34%, leaving a record cash for the "Abel era"

According to the 36kr Finance APP, the business empire led by Warren Buffett, known as the "Stock God" - Berkshire Hathaway (BRK.A.US, BRK.B.US), announced its latest performance on Saturday. The empire, which owns nearly 200 subsidiaries and nearly 400 billion US dollars in cash, achieved a year-on-year increase of nearly 34% in operating profit in the third quarter, mainly benefiting from the strong performance of its insurance underwriting business. At the same time, this huge conglomerate and investment giant continued to sell its stock assets such as Apple and Bank of America without conducting any stock buybacks, pushing the continuous expansion of Berkshire's cash reserves to a record level of 381.7 billion US dollars.