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Omaha, Nebraska-based mostly Berkshire has almost eighty businesses - from car insurance coverage to carpeting, clothing, meals, kitchen utensils, and manufactured housing - and owns tens of billions of dollars of stock. That is down 51 p.c from their document $151,650 set final December 11. It is also down 34 % since Berkshire stated on November 7 that decrease insurance returns as well as funding losses led to a 77 p.c drop in third-quarter profit, the fourth straight quarterly decline.
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