Berkshire Hathaway As An Indicator
Hello friends. It's probably hard to find out what the smart money is doing. I think some iconic companies have more overall predictive power than others. About 3 weeks later after the news was published we can see if there is any impact.
"Because of accounting rule changes, however, the conglomerate recorded a first quarter loss of $1.1 billion, compared to net income of $4 billion in last year's first quarter"
cnbc.com/2018/05/05/berkshire-hathaway-reports-48-point-7-percent-first-quarter-operating-gain-as-shareholders-prepare-to-meet.html
"Because of accounting rule changes, however, the conglomerate recorded a first quarter loss of $1.1 billion, compared to net income of $4 billion in last year's first quarter"
cnbc.com/2018/05/05/berkshire-hathaway-reports-48-point-7-percent-first-quarter-operating-gain-as-shareholders-prepare-to-meet.html
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