The 2y 10y treasury yield curve reached a 57 bps inversion, this is the steepest inversion since 1982
1-year performance of tech stocks brutal.
Berkshire Hathaway posts quarterly loss in Q3/2022
(RTTNews) – Billionaire Warren Buffett’s Berkshire Hathaway Inc. (BRK.A, BRK.B) reported Saturday that its net loss attributable to shareholders for the third quarter of 2022 was $2.69 billion or $1,832 per class A share compared to profit of $10.34 billion or $6,882 per class A share in 2021.
The investment gains/losses included loss of $10.1 billion in the third quarter 2022. The prior year result included gains of $3.1 billion due to changes in the unrealized gains that existed in equity security investment holdings.
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