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Even Berkshire Hathaway is Not Safe in a Biden Economy: Reports Record Losses in 2022

by The Gateway Pundit
March 1, 2023
in Business
Even Berkshire Hathaway is Not Safe in a Biden Economy: Reports Record Losses in 2022

Even investor Warren Buffett is not immune to the woes of a Biden Economy.

In a letter to investors, Buffet’s conglomerate Berkshire Hathaway reported a $22.8 billion loss in 2022.

The letter further explains that Berkshire Hathaway’s operating earnings, however, continues to grow. DNYUZ reports: And its holdings of cash and equivalents have grown to $125 billion, giving Mr. Buffett more firepower to invest in stocks and, potentially, buy new companies. Factoring Berkshire’s investment performance into its overall returns is “100 percent misleading,” Mr. Buffett wrote, since those results are likely to change easily quarter to quarter. Berkshire’s vast […]

Read the rest of this story here: www.thegatewaypundit.com

The Biden Regime and Globalists Don’t Want You Owning Precious Metals

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Precious metals are historically the most reliable and safest hedge against economic turmoil. With the Biden regime and globalists enhancing the chaos, it’s important for patriotic Americans to take control of their financial future.

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