Berkshire Makes Record $9.6 Billion Buyback
On Bloomberg This Weekend, Bloomberg Intelligence Senior Insurance Analyst Matthew Palazola breaks down Berkshire Hathaway's third-quarter results, including a record $9.6 billion in share buybacks and weaker insurance earnings. Palazola tells hosts David Gura and Christina Ruffini that CEO Greg Abel is putting Berkshire's massive cash reserves to work through buybacks, acquisitions and equity investments while maintaining the measured approach associated with Warren Buffett.
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