Buffett Takes ‘Mildly Attractive’ Path With $27 Billion Buybacks

The Wall Street Journal

Berkshire Hathaway Net Earnings Rose 11% in Fourth Quarter

Warren Buffett’s Berkshire Hathaway said net earnings jumped 11% on investment gains. Berkshire’s fourth-quarter net earnings rose to $39.65 billion, or $26,690 per Class A share equivalent, from $35.84 billion, or $23,015 a share, in the same period a year before. Many of Berkshire’s businesses posted higher revenue last year, reflecting the economy’s broad recovery from the disruptions caused by the coronavirus pandemic as it swept through the globe in early 2020.