Warren Buffett's Berkshire Hathaway Inc on Saturday signaled he plans to make more large acquisitions to expand a conglomerate that posted a record profit in 2013, helped by a recovering U.S. economy."Charlie and I have always considered a 'bet' on ever-rising U.S. prosperity to be a very close to a sure thing," Buffett, 83, said in his annual letter, referring to his 90-year-old vice chairman Charlie Munger. "America's best days lie ahead."Full-year profit rose 31 percent to $19.48 billion, or $11,850 per Class A share, while operating profit rose 20 percent to $15.14 billion, or $9,211 per share.For the fourth quarter, net profit rose nearly 10 percent to $4.99 billion, or $3,035 per share, and operating profit rose 34 percent to $3.78 billion, or $2,297 per share.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-A traded higher by 1.15% or $1978.0/share to $173708.00. In the past year, the shares have traded as low as $150803.00 and as high as $178900.00. On average, 457 shares of BRK-A exchange hands on a given day and today's volume is recorded at 513.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-B traded higher by 1.05% or $1.2/share to $115.78. In the past year, the shares have traded as low as $100.50 and as high as $119.30. On average, 3807830 shares of BRK-B exchange hands on a given day and today's volume is recorded at 4607970.
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