Tag #Geico

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Berkshire Hathaway's 2024 Success: Outpacing S&P 500 Amidst Strategic Shifts

In 2024, Berkshire Hathaway outperformed the S&P 500 with a 25.5% return on Class A shares, driven by strong operating earnings, a massive $325 billion cash reserve generating $8 billion in investment income, and Geico's $5.7 billion underwriting profit.

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