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Berkshire Hathaway Reports Record Operating Earnings and Cash Pile in Q4 2023
Berkshire Hathaway reported a significant increase in operating earnings in Q4, driven by strong performance in its insurance business. The conglomerate's cash pile also reached a record high, with $167.6 billion held in the fourth quarter, and its operating earnings for 2023 totaled $37.350 billion.
Q4 Operating Earnings Increase
The operating earnings in the fourth quarter showed a substantial rise, primarily attributed to the exceptional performance of Berkshire Hathaway's insurance business.
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