On the evening of August 5, Beijing time, the investment group owned by stock god Buffett $Berkshire Hathaway-A (BRK.A.US)$The financial results for the second quarter of 2023 were announced. An investment company worthy of being a stock god. This financial data is quite impressive, but Berkshire's extreme investment profit and loss amount is actually of little significance. After all, much of the investment income comes from stock increases, and this kind of uncertainty has always been emphasized by Berkshire in every quarterly report.
Even so, looking at the stock god's investment company financial report data is still very significant for us. We probably won't follow the stock god, but we can get some inspiration from the stock god's operation. These revelations are probably even more important to us.
I. Highlights of financial data
1. The company's revenue was US$92.503 billion, far higher than market expectations of US$82.122 billion (12.6% higher than market expectations). It was US$76.101 billion in the same period last year, an increase of 21.4% over the same period last year. By sector, premium income, sales and service revenue, rental income, interest+dividends+other investment income were US$20.561 billion, US$39.126 billion, US$2,079 billion, and US$3.846 billion, respectively, and railway+utility+energy revenue was US$26.891 billion.
2. Achieved net profit attributable to shareholders of US$35.912 billion, and the market expected US$7.886 billion (35 million higher than market expectations...