This is a Berkshire news story, published by financialpost, that relates primarily to Warren Buffett news.
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•80% Informative
Berkshire Hathaway Inc.’s cash pile reached US$325.2 billion in the third quarter , a record for the conglomerate.
Warren Buffett has continued to refrain from major acquisitions while trimming some of his most significant equity stakes.
Berkshire has struggled to find ways to deploy its cash pile, as Buffett has found market prices too high to find attractive deals.
While earned premiums grew at car insurer GEICO , they declined about 5.6 per cent across Berkshire ’s reinsurance businesses. Seifert said this could signal that Berkshire is embracing a “risk-off” strategy this quarter . Bloomberg.com .
VR Score
87
Informative language
88
Neutral language
84
Article tone
formal
Language
English
Language complexity
46
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
10
Source diversity
7