Berkshire Hathaway released its 2019 third quarter report this morning. The highlights are:
(1) Berkshire’s operating earnings were up 14.2% in third quarter.
(2) Berkshire’s cash rose to $128 billion at end of third quarter from $122 billion on June 30.
(3) Berkshire bought back about $700 million of its own shares in the third quarter, bringing its total buybacks for the year to $2.8 billion.