Prediction: Berkshire Hathaway's Operating Earnings Will Top $48 Billion in 2026
It's easy to forget that this stock-picking outfit also outright owns a bunch of reliably profitable businesses.
Overview
You certainly know that Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) owns a bunch of individual stocks. You may have even borrowed a few of these picks for your own portfolio.
What's often easy to forget, however, is that Berkshire is also a conglomerate of several dozen wholly owned enterprises. Unlike the publicly traded stocks that the conglomerate owns, these privately run enterprises' results are collectively reflected on the organization's income statement, just as they would be for any individual company.
Details
There's more of it than you might expect of the $1.1 trillion conglomerate, too. Indeed, Berkshire Hathaway's operating earnings alone could easily top $48 billion this fiscal year.
Source
Originally published at www.fool.com.