Berkshire Hathaway's Impressive Performance: A Look Back at the Past Year
A Year of Growth and Success
Berkshire Hathaway (BRKB) has enjoyed a remarkable year in 2022, with its stock delivering a total return of 2906% over the past 12 months. This impressive performance reflects the company's strong financial position and its ability to navigate challenging market conditions.
Operating Earnings Outperform
One of the key drivers behind Berkshire's success is its operating earnings, which have consistently outpaced the broader market. In 2022, operating earnings grew by a substantial margin, contributing significantly to the company's overall performance.
Challenges Overcome
Despite the challenging market conditions faced in 2022, Berkshire Hathaway demonstrated resilience and adaptability. The company's diversified portfolio of businesses helped it to mitigate risks and generate steady returns for its shareholders.
Comparison with SP 500
It is important to note that the SP 500 numbers are presented pre-tax, while Berkshire Hathaway's numbers are after-tax. This difference in accounting treatment should be taken into consideration when comparing the performance of the two entities.
Comments