Berkshire's non-insurance operations continue to be an added source of stability while reinsurance operations continue to struggle.
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UPDATE: Bet on Buffett's Berkshire Hathaway to beat small-cap stocks
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.
Just about every segment at Berkshire was dealing with elevated costs during the first quarter.
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Buying assets with long-term value.
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Investors continued their search for income in May, as the future of monetary policy came into sharp focus during the month.