Home Travel Warren Buffett, Berkshire Hathaway report 87% increase in second-quarter profit

Warren Buffett, Berkshire Hathaway report 87% increase in second-quarter profit

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OMAHA, Neb. — Warren Buffett’s company reported an 87% jump in its second-quarter profit as the paper value of its investment portfolio increased with the stock market, but it took a roughly $10 billion write down on the value of its aircraft parts manufacturing business because of the economic impact …

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