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Berkshire shares hit all-time high as investors cheer strong earnings, Buffett's near-record cash pile
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Berkshire shares hit all-time high as investors cheer strong earnings, Buffett's near-record cash pile
Berkshire's solid performance in insurance helped offset the softness in railroad due to lower volumes.

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Don’t fall for the “BERKSHIRE HAS NO OPPORTUNITIES” FUD. The cash pile is consistent with the insurance float, meaning investors can earn the treasury rates+underwriting profit on excess cash
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