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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
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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
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Mike Norman considers the following as important:
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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.
#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