Long

Berkshire Soars to New Heights: Q4 Results Smash Records

◉ Q4 Result Highlights:
● Berkshire Hathaway reported record operating earnings of $14.5 billion, driven by higher interest rates and a strong performance in its insurance business.
● Insurance investment income soared by 48% to $4.1 billion.
● The company's cash reserves hit an all-time high of $334.2 billion, reflecting Warren Buffett's cautious yet strategic approach to investments in a volatile market.
● Net earnings for Q4 2024 stood at 19.7billion ,down from 19.7billion, down from 37.6 billion in Q4 2023, primarily due to lower gains from its investment portfolio.
● Book value per share rose by 1% sequentially and 16% year-over-year, reaching $451,507, underscoring the company's consistent value creation.

◉ Technical Observations:
● The stock is currently in a strong uptrend, consistently achieving higher highs and higher lows.
● After a period of consolidation, the price has broken out decisively and is now trading at all-time highs.
● This bullish momentum is expected to continue, potentially driving the stock price even higher in the near term.

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