Berkshire Hathaway Q3 profit jumps 34%, cash pile swells to record ~$382B amid no buybacks

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Mario Tama

Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) on Saturday posted a nearly 34% gain in operating profit, helped by a strong performance in its insurance underwriting business. Meanwhile, the sprawling conglomerate's cash pile swelled to record levels amid no share buybacks, approaching $390B.

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