Berkshire Hathaway's insurance sector had a successful year in 2024, but results can vary.
From Nasdaq: 2025-04-06 21:05:00
In 2024, Berkshire Hathaway had a successful year, with operating earnings rising to $47.44 billion. The insurance business saw a significant increase, with insurance-underwriting operating earnings jumping to $9 billion and insurance-investment income rising to nearly $13.7 billion. However, results from this sector can vary greatly from year to year, impacting overall performance. Warren Buffett’s investment approach focuses on buying undervalued companies and holding them long-term. Investors should view owning Berkshire Hathaway more like owning a mutual fund than a traditional business. Buffett’s 2024 shareholder letter highlighted the company’s 53% decline in operating businesses, indicating the unpredictable nature of Berkshire’s financial results.
If you missed out on investing in successful stocks, now may be your chance with the “Double Down” stock recommendation. Analysts predict potential growth opportunities for select companies, similar to the success stories of Nvidia, Apple, and Netflix. Don’t miss this opportunity to invest in companies before they potentially skyrocket. The Motley Fool has positions in and recommends Berkshire Hathaway, offering valuable insights for investors.
Read more at Nasdaq: Berkshire Hathaway’s Most Important Business Just Had a Great Year. Here’s Why You Shouldn’t Get Used to It.