Berkshire Hathaway beats Q4 EPS Consensus by 42.3%, repurchases $24.7 billion in shares, and continues repurchases this year

www.investopedia.com/berkshire-hathaway-earnings-4q2020-annual-letter-5114383#:~:text=Earnings%20per%20share%20(EPS)%20were,%2C%20up%20by%2024.6%25%20YOY.

This is huge!

Here’s the annual letter:

www.berkshirehathaway.com/2020ar/linksannual20.html

The coolest thing is that despite selling some Apple stock, BRK shareholders’ percentage ownership of Apple actually increased from 5.2% to 5.7%!

Also, even though he states that $KHC was trading at less than carrying value at year end, the stock has since rallied. It now trades at about the same as carrying value as of Friday.

 

 

h/t moazzam0

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