- Berkshire's equity book gained 10.6% to $225.8 Billion, almost entirely on strength from Apple (AAPL).
- Berkshire itself gained 19.3% versus a gain of 8.5% for the S&P500.
- Berkshire repurchased $5 billion of shares in Q2 at an average price around $175.
- Precision Castparts was written down by $10 billion last quarter, adding to the list of disappointing recent investment results.
- Berkshire's cash and short term investments ($146.6B) and Apple investment ($116B) represent greater than half the market cap of $508B!
For further details see:
Berkshire Hathaway Q3 2020 Earnings And Book Value Estimates