Berkshire Hathaway reports surge in operating earnings and record cash hoard, President Biden jokes about Buffett's billions
Berkshire Hathaway reports surge in operating earnings and record cash hoard, President Biden jokes about Buffett's billions

Buffett's Billionaires Club

Well folks looks like Warren Buffett is swimming in cash again! Berkshire Hathaway's operating earnings are through the roof and its cash hoard just hit a record high. Guess Uncle Warren will be moneybags for a good while longer.

Geico's Gains

I gotta say Geico is really pulling its weight here. Earnings nearly tripled and the competition better watch out! If you think 15 minutes could save you more than 15% or 185% you're in for a treat!

Cash Is King

With nearly $189 billion in the bank Berkshire Hathaway could practically buy its own country! Maybe I'll ask Warren if he'd like to sublet Delaware for a month or two.

Analyzing Analysts

Wall Street analysts are buzzing about Berkshire Hathaway. Some say buy some say hold some just like to watch the numbers go up and down. Personally I'm just waiting for my invitation to the next shareholder meeting.

Pricey Predictions

UBS analyst Brian Meredith is feeling bullish with a price target higher than the Empire State Building! Meanwhile Edward Jones' James Shanahan is all about that hold life. It's like a remix of 'Buy Low Sell High.'

Biden's Buffett Banter

In conclusion congratulations to Warren Buffett on his financial wizardry. Maybe he can make my student loans disappear next! Anyone know if Geico covers debt relief?


Comments

  • seanmoran profile pic
    seanmoran
    5/25/2024 12:13:43 AM

    I wonder if Geico will offer discounts to anyone who invests in Berkshire Hathaway. It's a win-win!