Business
Buffett Predicts Earnings Decline at Berkshire Units
Warren Buffett seems to be cautious about what lies ahead. The billionaire investor expects earnings at the majority of Berkshire Hathaway Inc.’s operations to fall as economic activity may slow down. Su Keenan reports on Bloomberg Television.
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@AuditorJanLightfeather
December 15, 2023 at 5:36 pm
Energy falling 46%, wow
@jakechen368
December 15, 2023 at 5:36 pm
Translation, we're in for one hell of a recession by the end of the year. This will be further compounded by technological advances throughout the board.
@benf4570
December 15, 2023 at 5:36 pm
The big tech companies already had 3 or 4 earnings misses I think buffet is wrong here. Not sure why hes a doomer now. The fed is pausing hikes banks are failing and were already in recession. Inflation has come down from 9% this is just more fear porn.
@illegalsmirf
December 15, 2023 at 5:36 pm
Did the old codger shit his pants? Did nurse clean him up and give him a bib for his dribbles?
@diamandidimitrov8643
December 15, 2023 at 5:36 pm
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@bdubb5390
December 15, 2023 at 5:36 pm
It's over. When "they" start saying this. It hasn't been good for a while. Yikes.
@LivingWithGout
December 15, 2023 at 5:36 pm
When you shrink a 9 trilllion dollar portfolio, the entire economy will sure to slow down.
@ssuwandi3240
December 15, 2023 at 5:36 pm
The Neocon that says nothing on Industry 4.0. What a shocker.
@lesliehatun2044
December 15, 2023 at 5:36 pm
Jump into a Telsa Space Rocket. Go 2.0 light years ahead in space. Money is like this. Watch. Buffett is worried and says, losses pending. OK, no big deal because 2.0 less .01 is no big deal for Buffett. He's got so much MONEY and Worth that such a small loss is nothing compared to his 2.2 light years ahead because of the pandemic an he profited greatly and now it's TiME to give LOWER prices. Buffett Head has some many generations of wealth it just makes the average shake their heads because the Average Joe loses much more than Buffett.
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December 15, 2023 at 5:36 pm
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@georgekazanchyan4976
December 15, 2023 at 5:36 pm
Good times will slow down. But it will pick up again end of next year.
@freshtapcoke
December 15, 2023 at 5:36 pm
Hi mom!
@socialanarchy081
December 15, 2023 at 5:36 pm
The Fall of the Billionaire, and The Resurrection of American Socialism.