1 Number I'm Watching in Berkshire Hathaway's Earnings
As second-quarter earnings season gets underway, there are quite a few questions that are about to be answered in the investing world. One company whose latest results I'm particularly interested in seeing is Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), but not to find out how much its earnings were or how the COVID-19 pandemic impacted its business. Here's why.
Berkshire's operating businesses are largely recession-resistant, and most of the larger subsidiaries (like insurance companies and utilities) provide services that were necessary throughout the economic shutdowns of the second quarter. In short, that's not where I'm expecting any surprises.
However, there is one number in Berkshire's earnings report that I'll be paying very close attention to. Here's what it is and why it matters so much.
Source Fool.com
