Despite the headline earnings loss due to stock market weakness, Berkshire’s robust third-quarter operating results illustrated the value of its insurance segment as it added to its cash hoard. Berkshire again reduced its public stock investments, including Chevron, but continued to buy back its own shares.
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The gold price rallied $10 below the $2000 mark Wednesday ahead of the US Fed s decision on interest rates amid mixed US jobs data and lower-than-expected US government borrowing plans