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Buffett invested $24.1 billion in the third quarter, why should he say he made a lot of money??

The stock god also can't hold on?On November 4, the stock god Buffett's fund Berkshire Hathaway announced the third quarter results, data show that Buffett in the third quarter of the operation suffered a rollover, should have been the most stable equity investment business in the third quarter huge loss of 24.1 billion U.S. dollars, directly implicating the company's net profit burst loss of more than 10 billion U.S. dollars。But we Buffett old man can not panic, but see more of the big scene of him, immediately came out to say that in fact, is to make a big profit! First of all, Buffett believes that the focus of investors is wrong, investors are always staring at Berkshire's stock investment business, but Buffett believes that their best performance now is actually the insurance business, net profit doubled from the last quarter, but the market did not see, and then look at the investment, Buffett admitted that。Lao Ba believes that if these unwarranted losses are removed, Berkshire's net profit for the quarter will rise sharply to $10.8 billion.。In a word, from the explosion of 10 billion to the explosion of 10 billion, must not be disobedient, Buffett is really a mathematical genius。Do you have a position in Buffett's stock??

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