As quarterly profits double for Warren Buffett’s Berkshire Hathaway conglomerate, the legendary investor moves to buy back over $900 million in shares in one of the first signs of vindication for bulls who say the run it’s over.
Buffett thanks Trump’s December 2017 tax cuts and lower-than-expected losses in Berkshire’s insurance business for what turned out to be a Q3 2018 operating profit of $6.88 billion—up from $3.44 billion a year ago…. CLICK for complete article