Warren Buffett's Berkshire Takes a Beating on Auto Insurance

The video discusses Berkshire Hathaway's performance, focusing on the insurance sector's challenges due to Hurricane Ian and auto underwriting difficulties. Despite these issues, Berkshire's operating earnings showed a 20% gain compared to the previous year, with solid performance in other business areas. The discussion also covers Berkshire's investment strategy, highlighting their significant acquisitions in Q1 and increased holdings in Occidental Petroleum. The video concludes with an analysis of Berkshire's market activity and investment approach amid high inflation and uncertain market conditions.

What was the operating earnings gain for Berkshire Hathaway compared to the same time last year?

What significant acquisition activity did Berkshire Hathaway engage in during Q1 of this year?