Saturday , April 20 2024
Home / Mike Norman Economics / Berkshire Report

Berkshire Report

Summary:
Wow they murdered it. Net income rose to .01 billion, or ,301 per Class A share, from .26 billion, or ,592 per share, a year earlier.  Results also reflected a decline in Berkshire's effective income tax rate to 20 percent from 28.9 percent, following last year's cut in the federal corporate tax rate. #sp500 #nasdaq #DowJones #cnbc #CNBCFastMoney Berkshire Hathaway's profit skyrockets on insurance, other businesses gains https://t.co/k9FUgjUxSX — Yuxing Sun (@SigP226) August 6, 2018

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes Cutting-edge macroeconomics …

Robert Vienneau writes A Letter From Marx To Engels In 1858 Outlining His Critique Of Political Economy

Lars Pålsson Syll writes Cutting-edge macroeconomics …

Lars Pålsson Syll writes The greatest of them all


Wow they murdered it.

Net income rose to $12.01 billion, or $7,301 per Class A share, from $4.26 billion, or $2,592 per share, a year earlier. 
Results also reflected a decline in Berkshire's effective income tax rate to 20 percent from 28.9 percent, following last year's cut in the federal corporate tax rate.

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *