A sign of _老虎社区_美港股上老虎

KYow
2021-11-08

A sign of confidence on his own company as compared to other companies out there

Buffett’s Berkshire Appetite Surpasses Cash Spent on Apple Stock<blockquote>巴菲特对Berkshire的兴趣超过了在苹果股票上花费的现金</blockquote>

(Bloomberg) -- Warren Buffett has spent more money buying back Berkshire Hathaway Inc.’s stock in re

Buffett’s Berkshire Appetite Surpasses Cash Spent on Apple Stock<blockquote>巴菲特对Berkshire的兴趣超过了在苹果股票上花费的现金</blockquote>

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{"i18n":{"language":"zh_CN"},"data":{"magic":2,"id":845481241,"tweetId":"845481241","gmtCreate":1636360844587,"gmtModify":1636360844697,"author":{"id":3583904234574584,"idStr":"3583904234574584","authorId":3583904234574584,"authorIdStr":"3583904234574584","name":"KYow","avatar":"https://static.tigerbbs.com/f51fd0817cb9380c812b7c6d5da23879","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":4,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>A sign of confidence on his own company as compared to other companies out there</body></html>","htmlText":"<html><head></head><body>A sign of confidence on his own company as compared to other companies out there</body></html>","text":"A sign of confidence on his own company as compared to other companies out there","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/845481241","repostId":1107472736,"repostType":4,"repost":{"id":"1107472736","kind":"news","pubTimestamp":1636357314,"share":"https://www.laohu8.com/m/news/1107472736?lang=zh_CN&edition=full","pubTime":"2021-11-08 15:41","market":"us","language":"en","title":"Buffett’s Berkshire Appetite Surpasses Cash Spent on Apple Stock<blockquote>巴菲特对Berkshire的兴趣超过了在苹果股票上花费的现金</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107472736","media":"Bloomberg","summary":"(Bloomberg) -- Warren Buffett has spent more money buying back Berkshire Hathaway Inc.’s stock in re","content":"(Bloomberg) -- Warren Buffett has spent more money buying back Berkshire Hathaway Inc.’s stock in recent years than he did amassing his biggest equity bet on Apple Inc.<blockquote>最近几年，巴菲特花在回购伯克希尔哈撒韦公司股票上的钱超过了他在苹果公司的最大股票赌注。</blockquote> Berkshire spent nearly $20 billion more repurchasing its own stock since the middle of 2018 than it deployed accumulating its Apple stake through the end of last year. In total, Buffett poured about $51 billion into buybacks since a change to its policy more than three years ago, and appears to have continued snapping up at least $1.7 billion of stock since the end of September.<blockquote>自2018年年中以来，伯克希尔回购自己股票的支出比截至去年底积累苹果股份的支出多了近200亿美元。自三年多前改变政策以来，巴菲特总共投入了约510亿美元用于回购，并且自9月底以来似乎继续抢购至少17亿美元的股票。</blockquote> Buffett, Berkshire’s chairman and chief executive officer, has built Berkshire into a sprawling conglomerate valued at more than $650 billion, but that immense size has heaped pressure on his need for what he deemed an “elephant-sized” acquisition to ramp up Berkshire’s growth. Buffett has been foiled on his recent deal hunt, outbid at times by aggressive private equity firms. That’s left him increasingly relying on buybacks, with more than $20 billion of repurchases so far this year, as a way to put some of Berkshire’s record cash pile to work.<blockquote>伯克希尔董事长兼首席执行官巴菲特将伯克希尔打造成为一家估值超过6500亿美元的庞大企业集团，但巨大的规模给他带来了压力，他需要进行一次他认为是“大象规模”的收购来促进伯克希尔的增长。巴菲特在最近的交易中遭遇挫折，有时被激进的私募股权公司出价高于。这使得他越来越依赖回购，今年迄今为止已回购超过200亿美元，以此作为让伯克希尔创纪录的现金储备发挥作用的一种方式。</blockquote> “The bull case would say they bought back $20 billion worth of their stock because they’re confident in their future outlook and that should be a catalyst for the stock, and my sense is it probably will,” Cathy Seifert, an analyst at CFRA Research, said. “The bear case, which is also relevant to point out, is this is a company that has had, as a stated desire, the need to make additional acquisitions and they haven’t been able to do that.”<blockquote>CFRA分析师凯茜·塞弗特(Cathy Seifert)表示：“牛市的情况是，他们回购了价值200亿美元的股票，因为他们对未来前景充满信心，这应该会成为该股的催化剂，我的感觉是很可能会。”研究，说。“同样需要指出的看跌案例是，这家公司有明确的愿望，需要进行额外的收购，但他们未能做到这一点。”</blockquote> It’s a marked shift for a CEO who previously shunned buybacks. For years, Buffett preferred large deals and spending money snapping up other company’s stocks over repurchasing Berkshire’s own shares. But that changed in 2018 when the company’s board lifted a cap on buybacks, giving Buffett and his longtime business partner, Charlie Munger, more flexibility to parcel out profits.<blockquote>对于之前回避回购的首席执行官来说，这是一个显着的转变。多年来，巴菲特更喜欢大宗交易和花钱抢购其他公司的股票，而不是回购伯克希尔自己的股票。但这种情况在2018年发生了变化，当时公司董事会取消了回购上限，让巴菲特和他的长期商业伙伴查理·芒格在分配利润方面有了更大的灵活性。</blockquote> Buybacks have now surpassed even Berkshire’s largest holding, an Apple Inc. stake valued at more than $121 billion at the end of September. The company has spent just $31 billion buying Apple shares since it began accumulating that stake in 2016 through the end of 2020, according to the most recent data available.<blockquote>目前，伯克希尔哈撒韦的回购规模甚至超过了伯克希尔哈撒韦最大的持股——截至9月底，伯克希尔哈撒韦公司持有的苹果股份价值超过1210亿美元。根据最新数据，自2016年开始增持苹果股票到2020年底，该公司仅花费了310亿美元购买该股票。</blockquote> What Bloomberg Intelligence Says<blockquote>彭博资讯怎么说</blockquote> “We believe Warren Buffett’s significant share repurchases show his conservatism as rising valuations make deals he may find attractive more scarce.”<blockquote>“我们认为，沃伦·巴菲特的大规模股票回购显示了他的保守主义，因为估值上升使他可能认为有吸引力的交易变得更加稀缺。”</blockquote> -- Matthew Palazola and Kylie Towbin, BI analysts<blockquote>——BI分析师Matthew Palazola和Kylie Towbin</blockquote> All the buyback activity, while significant in size, hasn’t been enough to meaningfully whittle away some of the conglomerate’s cash. Berkshire ended September with a record $149.2 billion of funds in its coffers. While investors often want management to remain disciplined on when and how it spends the money, the swelling cash pile is “somewhat disappointing,” according to Edward Jones analyst Jim Shanahan.<blockquote>所有的回购活动虽然规模很大，但还不足以有意义地减少该集团的部分现金。截至9月底，伯克希尔的金库资金达到创纪录的1,492亿美元。爱德华·琼斯(Edward Jones)分析师吉姆·沙纳汉(Jim Shanahan)表示，虽然投资者通常希望管理层在何时以及如何花钱方面保持纪律，但不断膨胀的现金储备“有些令人失望”。</blockquote> “Buybacks were fine, but cash balances increased again,” Shanahan said. “Cash is now approaching $150 billion. That certainly was unexpected earlier this calendar year, I would have thought they would have been able to manage that lower with a combination of investments, acquisitions and buybacks.”<blockquote>“回购很好，但现金余额再次增加，”沙纳汉说。“现金现在接近1500亿美元。这在今年早些时候肯定是出乎意料的，我本以为他们能够通过投资、收购和回购的结合来控制更低的水平。”</blockquote> The Omaha, Nebraska-based business, which reported third-quarter earnings Saturday, posted an 18% gain in operating profit during that period, buoyed by record railroad earnings and strong results from its energy businesses. That helped offset even more underwriting losses at its group of insurers, which have been hit by catastrophes such as Hurricane Ida and more frequent claims from its drivers at auto insurer Geico.<blockquote>这家总部位于内布拉斯加州奥马哈的公司周六公布了第三季度收益，在创纪录的铁路收益和能源业务强劲业绩的推动下，同期营业利润增长了18%。这有助于抵消其保险公司集团更多的承保损失，这些保险公司受到了飓风艾达等灾难的打击，以及汽车保险公司Geico司机更频繁的索赔。</blockquote> Berkshire also disclosed that it bought back at least $1.7 billion in stock from the end of September through October 27, according to Saturday’s filing. Empire Financial Research’s Whitney Tilson, who’s attended the Berkshire annual meeting for more than two decades, applauded the buyback, but noted that he’d still prefer to see Buffett find the next lucrative stock bet.<blockquote>根据周六提交的文件，伯克希尔还透露，从9月底到10月27日，该公司回购了至少17亿美元的股票。帝国金融研究公司(Empire Financial Research)的惠特尼·蒂尔森(Whitney Tilson)二十多年来一直参加伯克希尔年会，他对此次回购表示赞赏，但指出他仍然希望看到巴菲特找到下一个利润丰厚的股票押注。</blockquote> “If Buffett could find another Apple, clearly I’d rather have him allocate to that,” Tilson said. “Buying back Berkshire stock makes sense when you’re drowning in cash.”<blockquote>蒂尔森说：“如果巴菲特能找到另一家苹果，显然我宁愿让巴菲特投资。”“当你被现金淹没时，回购伯克希尔股票是有意义的。”</blockquote>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buffett’s Berkshire Appetite Surpasses Cash Spent on Apple Stock<blockquote>巴菲特对Berkshire的兴趣超过了在苹果股票上花费的现金</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuffett’s Berkshire Appetite Surpasses Cash Spent on Apple Stock<blockquote>巴菲特对Berkshire的兴趣超过了在苹果股票上花费的现金</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBloomberg2021-11-08 15:41\n\n</h4>\n</header>\n<article>\n(Bloomberg) -- Warren Buffett has spent more money buying back Berkshire Hathaway Inc.’s stock in recent years than he did amassing his biggest equity bet on Apple Inc.<blockquote>最近几年，巴菲特花在回购伯克希尔哈撒韦公司股票上的钱超过了他在苹果公司的最大股票赌注。</blockquote> Berkshire spent nearly $20 billion more repurchasing its own stock since the middle of 2018 than it deployed accumulating its Apple stake through the end of last year. In total, Buffett poured about $51 billion into buybacks since a change to its policy more than three years ago, and appears to have continued snapping up at least $1.7 billion of stock since the end of September.<blockquote>自2018年年中以来，伯克希尔回购自己股票的支出比截至去年底积累苹果股份的支出多了近200亿美元。自三年多前改变政策以来，巴菲特总共投入了约510亿美元用于回购，并且自9月底以来似乎继续抢购至少17亿美元的股票。</blockquote> Buffett, Berkshire’s chairman and chief executive officer, has built Berkshire into a sprawling conglomerate valued at more than $650 billion, but that immense size has heaped pressure on his need for what he deemed an “elephant-sized” acquisition to ramp up Berkshire’s growth. Buffett has been foiled on his recent deal hunt, outbid at times by aggressive private equity firms. That’s left him increasingly relying on buybacks, with more than $20 billion of repurchases so far this year, as a way to put some of Berkshire’s record cash pile to work.<blockquote>伯克希尔董事长兼首席执行官巴菲特将伯克希尔打造成为一家估值超过6500亿美元的庞大企业集团，但巨大的规模给他带来了压力，他需要进行一次他认为是“大象规模”的收购来促进伯克希尔的增长。巴菲特在最近的交易中遭遇挫折，有时被激进的私募股权公司出价高于。这使得他越来越依赖回购，今年迄今为止已回购超过200亿美元，以此作为让伯克希尔创纪录的现金储备发挥作用的一种方式。</blockquote> “The bull case would say they bought back $20 billion worth of their stock because they’re confident in their future outlook and that should be a catalyst for the stock, and my sense is it probably will,” Cathy Seifert, an analyst at CFRA Research, said. “The bear case, which is also relevant to point out, is this is a company that has had, as a stated desire, the need to make additional acquisitions and they haven’t been able to do that.”<blockquote>CFRA分析师凯茜·塞弗特(Cathy Seifert)表示：“牛市的情况是，他们回购了价值200亿美元的股票，因为他们对未来前景充满信心，这应该会成为该股的催化剂，我的感觉是很可能会。”研究，说。“同样需要指出的看跌案例是，这家公司有明确的愿望，需要进行额外的收购，但他们未能做到这一点。”</blockquote> It’s a marked shift for a CEO who previously shunned buybacks. For years, Buffett preferred large deals and spending money snapping up other company’s stocks over repurchasing Berkshire’s own shares. But that changed in 2018 when the company’s board lifted a cap on buybacks, giving Buffett and his longtime business partner, Charlie Munger, more flexibility to parcel out profits.<blockquote>对于之前回避回购的首席执行官来说，这是一个显着的转变。多年来，巴菲特更喜欢大宗交易和花钱抢购其他公司的股票，而不是回购伯克希尔自己的股票。但这种情况在2018年发生了变化，当时公司董事会取消了回购上限，让巴菲特和他的长期商业伙伴查理·芒格在分配利润方面有了更大的灵活性。</blockquote> Buybacks have now surpassed even Berkshire’s largest holding, an Apple Inc. stake valued at more than $121 billion at the end of September. The company has spent just $31 billion buying Apple shares since it began accumulating that stake in 2016 through the end of 2020, according to the most recent data available.<blockquote>目前，伯克希尔哈撒韦的回购规模甚至超过了伯克希尔哈撒韦最大的持股——截至9月底，伯克希尔哈撒韦公司持有的苹果股份价值超过1210亿美元。根据最新数据，自2016年开始增持苹果股票到2020年底，该公司仅花费了310亿美元购买该股票。</blockquote> What Bloomberg Intelligence Says<blockquote>彭博资讯怎么说</blockquote> “We believe Warren Buffett’s significant share repurchases show his conservatism as rising valuations make deals he may find attractive more scarce.”<blockquote>“我们认为，沃伦·巴菲特的大规模股票回购显示了他的保守主义，因为估值上升使他可能认为有吸引力的交易变得更加稀缺。”</blockquote> -- Matthew Palazola and Kylie Towbin, BI analysts<blockquote>——BI分析师Matthew Palazola和Kylie Towbin</blockquote> All the buyback activity, while significant in size, hasn’t been enough to meaningfully whittle away some of the conglomerate’s cash. Berkshire ended September with a record $149.2 billion of funds in its coffers. While investors often want management to remain disciplined on when and how it spends the money, the swelling cash pile is “somewhat disappointing,” according to Edward Jones analyst Jim Shanahan.<blockquote>所有的回购活动虽然规模很大，但还不足以有意义地减少该集团的部分现金。截至9月底，伯克希尔的金库资金达到创纪录的1,492亿美元。爱德华·琼斯(Edward Jones)分析师吉姆·沙纳汉(Jim Shanahan)表示，虽然投资者通常希望管理层在何时以及如何花钱方面保持纪律，但不断膨胀的现金储备“有些令人失望”。</blockquote> “Buybacks were fine, but cash balances increased again,” Shanahan said. “Cash is now approaching $150 billion. That certainly was unexpected earlier this calendar year, I would have thought they would have been able to manage that lower with a combination of investments, acquisitions and buybacks.”<blockquote>“回购很好，但现金余额再次增加，”沙纳汉说。“现金现在接近1500亿美元。这在今年早些时候肯定是出乎意料的，我本以为他们能够通过投资、收购和回购的结合来控制更低的水平。”</blockquote> The Omaha, Nebraska-based business, which reported third-quarter earnings Saturday, posted an 18% gain in operating profit during that period, buoyed by record railroad earnings and strong results from its energy businesses. That helped offset even more underwriting losses at its group of insurers, which have been hit by catastrophes such as Hurricane Ida and more frequent claims from its drivers at auto insurer Geico.<blockquote>这家总部位于内布拉斯加州奥马哈的公司周六公布了第三季度收益，在创纪录的铁路收益和能源业务强劲业绩的推动下，同期营业利润增长了18%。这有助于抵消其保险公司集团更多的承保损失，这些保险公司受到了飓风艾达等灾难的打击，以及汽车保险公司Geico司机更频繁的索赔。</blockquote> Berkshire also disclosed that it bought back at least $1.7 billion in stock from the end of September through October 27, according to Saturday’s filing. Empire Financial Research’s Whitney Tilson, who’s attended the Berkshire annual meeting for more than two decades, applauded the buyback, but noted that he’d still prefer to see Buffett find the next lucrative stock bet.<blockquote>根据周六提交的文件，伯克希尔还透露，从9月底到10月27日，该公司回购了至少17亿美元的股票。帝国金融研究公司(Empire Financial Research)的惠特尼·蒂尔森(Whitney Tilson)二十多年来一直参加伯克希尔年会，他对此次回购表示赞赏，但指出他仍然希望看到巴菲特找到下一个利润丰厚的股票押注。</blockquote> “If Buffett could find another Apple, clearly I’d rather have him allocate to that,” Tilson said. “Buying back Berkshire stock makes sense when you’re drowning in cash.”<blockquote>蒂尔森说：“如果巴菲特能找到另一家苹果，显然我宁愿让巴菲特投资。”“当你被现金淹没时，回购伯克希尔股票是有意义的。”</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://finance.yahoo.com/news/buffett-berkshire-appetite-surpasses-cash-173252893.html\">Bloomberg</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"https://finance.yahoo.com/news/buffett-berkshire-appetite-surpasses-cash-173252893.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107472736","content_text":"(Bloomberg) -- Warren Buffett has spent more money buying back Berkshire Hathaway Inc.’s stock in recent years than he did amassing his biggest equity bet on Apple Inc.\nBerkshire spent nearly $20 billion more repurchasing its own stock since the middle of 2018 than it deployed accumulating its Apple stake through the end of last year. In total, Buffett poured about $51 billion into buybacks since a change to its policy more than three years ago, and appears to have continued snapping up at least $1.7 billion of stock since the end of September.\nBuffett, Berkshire’s chairman and chief executive officer, has built Berkshire into a sprawling conglomerate valued at more than $650 billion, but that immense size has heaped pressure on his need for what he deemed an “elephant-sized” acquisition to ramp up Berkshire’s growth. Buffett has been foiled on his recent deal hunt, outbid at times by aggressive private equity firms. That’s left him increasingly relying on buybacks, with more than $20 billion of repurchases so far this year, as a way to put some of Berkshire’s record cash pile to work.\n“The bull case would say they bought back $20 billion worth of their stock because they’re confident in their future outlook and that should be a catalyst for the stock, and my sense is it probably will,” Cathy Seifert, an analyst at CFRA Research, said. “The bear case, which is also relevant to point out, is this is a company that has had, as a stated desire, the need to make additional acquisitions and they haven’t been able to do that.”\nIt’s a marked shift for a CEO who previously shunned buybacks. For years, Buffett preferred large deals and spending money snapping up other company’s stocks over repurchasing Berkshire’s own shares. But that changed in 2018 when the company’s board lifted a cap on buybacks, giving Buffett and his longtime business partner, Charlie Munger, more flexibility to parcel out profits.\nBuybacks have now surpassed even Berkshire’s largest holding, an Apple Inc. stake valued at more than $121 billion at the end of September. The company has spent just $31 billion buying Apple shares since it began accumulating that stake in 2016 through the end of 2020, according to the most recent data available.\nWhat Bloomberg Intelligence Says\n“We believe Warren Buffett’s significant share repurchases show his conservatism as rising valuations make deals he may find attractive more scarce.”\n-- Matthew Palazola and Kylie Towbin, BI analysts\nAll the buyback activity, while significant in size, hasn’t been enough to meaningfully whittle away some of the conglomerate’s cash. Berkshire ended September with a record $149.2 billion of funds in its coffers. While investors often want management to remain disciplined on when and how it spends the money, the swelling cash pile is “somewhat disappointing,” according to Edward Jones analyst Jim Shanahan.\n“Buybacks were fine, but cash balances increased again,” Shanahan said. “Cash is now approaching $150 billion. That certainly was unexpected earlier this calendar year, I would have thought they would have been able to manage that lower with a combination of investments, acquisitions and buybacks.”\nThe Omaha, Nebraska-based business, which reported third-quarter earnings Saturday, posted an 18% gain in operating profit during that period, buoyed by record railroad earnings and strong results from its energy businesses. That helped offset even more underwriting losses at its group of insurers, which have been hit by catastrophes such as Hurricane Ida and more frequent claims from its drivers at auto insurer Geico.\nBerkshire also disclosed that it bought back at least $1.7 billion in stock from the end of September through October 27, according to Saturday’s filing. Empire Financial Research’s Whitney Tilson, who’s attended the Berkshire annual meeting for more than two decades, applauded the buyback, but noted that he’d still prefer to see Buffett find the next lucrative stock bet.\n“If Buffett could find another Apple, clearly I’d rather have him allocate to that,” Tilson said. “Buying back Berkshire stock makes sense when you’re drowning in cash.”","news_type":1,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":1018,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":66,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}