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Y - Berkshire Hathaway: Buffett The Buyer Is Back
May, 02 2022 08:58 AM
Alleghany Corporation
Berkshire Hathaway spent $51.1 billion on new stock investments in 1Q 2022. This does not look like a market timing move. More income from float is needed when inflation is impacting underwriting performance. Increased investment income will help the company's earnings power now and will still be there after T-bill rates come down. For further details see:
Berkshire Hathaway: Buffett The Buyer Is Back
Stock Information
Company Name:
Alleghany Corporation
Stock Symbol:
Y
Market:
NYSE
Website:
alleghany.com
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