Warren Buffett's Berkshire Hathaway Reports Record $157 Billion Cash Pile and Surging Earnings

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Source: The Wall Street Journal
Warren Buffett's Berkshire Hathaway Reports Record $157 Billion Cash Pile and Surging Earnings
Photo: The Wall Street Journal
TL;DR

Warren Buffett's Berkshire Hathaway reported a record cash pile of $157.2 billion at the end of the third quarter, surpassing the previous record set two years ago. The company also reported a deeper net loss due to the struggling stock market rally.

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