• Buffett's Annual Letter: Berkshire Records $29 Billion Gain From Tax Law

    7 monthes ago - By NY Times

    Warren Buffett released his annual letter to Berkshire Hathaway's shareholders and it discussed why the conglomerate largely avoided big deals last year.
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  • Lower tax rate fuels record profit for Buffett's Berkshire Hathaway

    7 monthes ago - By CNBC

    Fourth-quarter net income increased roughly fivefold for Berkshire Hathaway, in part because of the Trump tax cut.
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  • Warren Buffett says proceeds from the GOP tax law made up almost half of Berkshire Hathaway's gain in 2017

    Warren Buffett says proceeds from the GOP tax law made up almost half of Berkshire Hathaway's gain in 2017

    7 monthes ago - By Business Insider

    Warren Buffett's Berkshire Hathaway saw its net worth surge by $65 billion in 2017, almost half of which came from tax proceeds from the recently passed GOP law.
    There's an expectation that financial services firms will be among the market's biggest beneficiaries of tax reform.
    The recently passed GOP tax law has been kind to Warren Buffett's Berkshire Hathaway , to say the least.
    The firm's most recent annual letter revealed the investment conglomerate's net worth surged $65 billion in 2017, with $29 billion of that stemming from tax proceeds. That gain was realized in December, after the...
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  • Warren Buffett says proceeds from the GOP tax law made up almost half of Berkshire Hathaway's gain in 2017

    Warren Buffett says proceeds from the GOP tax law made up almost half of Berkshire Hathaway's gain in 2017

    7 monthes ago - By Business Insider

    Warren Buffett's Berkshire Hathaway saw its net worth surge by $65 billion in 2017, almost half of which came from tax proceeds from the recently passed GOP law.
    There's an expectation that financial services firms will be among the market's biggest beneficiaries of tax reform.
    The recently passed GOP tax law has been kind to Warren Buffett's Berkshire Hathaway , to say the least.
    "A large portion of our gain did not come from anything we accomplished at Berkshire," Buffett wrote.
    The firm's most recent annual letter revealed the investment conglomerate's net worth surged $65 billion in...
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  • Berkshire Hathaway says tax law gives it $29B boost in 4Q

    7 monthes ago - By Chron

    OMAHA, Neb. - Berkshire Hathaway's fourth-quarter profit more than quadrupled as it received a $29 billion boost from the new tax law that easily offset any weakness in the company's businesses.
    Berkshire said Saturday it earned $32.6 billion, or $13.19 per Class B share, in the fourth quarter because of the tax law changes. That compares with $6.3 billion, or $2.55 per B share, a year ago.
    Berkshire's CEO Warren Buffett says investors should pay more attention to operating earnings, which exclude the tax changes and investment values, to get a better sense of how Berkshire's 90-odd...
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  • Berkshire Hathaway Beats S&P 500 Again, Cites Tax Cuts For Windfall

    7 monthes ago - By Forbes

    Thank you, President Trump? Warren Buffet says Berkshire Hathaway's 23% gain in book value is mostly due to the new tax code.
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  • How Berkshire Hathaway Gained $29 Billion from the New Tax Law

    7 monthes ago - By Fortune

    At 8:00 EST this morning - just a few moments ago - Berkshire Hathaway did what it always does on the last Saturday of February: It released both its financial results for the year just ended and CEO Warren Buffett's annual, widely-anticipated letter to shareholders.
    Here is what Berkshire's shareholders next learned: First, Berkshire had a rich but odd year. Second, Buffett regarded it with mixed feelings.
    Start with the numbers: The company's gain in net worth, the metric Buffett has forever used for Berkshire, was an impressive $65.3 billion. On a per-share basis, that was a book value...
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