USDA Weekly By-Product Value Hog Report - Aug 28
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Quarterly results were an improvement on prior-year earnings, though book value per share came in lower than we expected.
Morningstar's Gregg Warren discusses potential successors to Warren Buffett and how Berkshire might change after his departure.
Berkshire's non-insurance operations continue to be an added source of stability while reinsurance operations continue to struggle.
Wide-moat Berkshire Hathaway saw solid top-line results from each of its main segments, but losses from investments, derivatives, and eliminations sent earnings lower.
Noninsurance operations continue to be a source of stability, while its insurance business overall may see more meager results during the next couple of years.
2013 results once again demonstrate the value of Berkshire's diversified portfolio, as solid and consistent performance from the firm's non-insurance operations helped smooth out some of the volatility seen in its insurance businesses.