Berkshire Hathaway posted operating earnings — which refers to profits from businesses across insurance, railroads and utilities — of $8.481 billion in the fourth quarter.
Operating earnings rose to $37.350 billion in 2023, up 17% from $30.853 billion in the prior year.
Berkshire held $167.6 billion in cash in the fourth quarter, a record level that surpasses the $157.2 billion the conglomerate held in the prior quarter.
[https://www.cnbc.com/2024/02/24/berkshire-hathaway-brka-earnings-q4-2023.html](https://www.cnbc.com/2024/02/24/berkshire-hathaway-brka-earnings-q4-2023.html)
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