Warren Buffett's Berkshire Hathaway suffered a loss

Warren Buffett's Berkshire Hathaway suffered a loss of $43.76 billion in the second quarter.

The company's investments fell in an extremely turbulent quarter.

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Berkshire reported Saturday that it was suffering a loss of almost $44 billion due to a $53 billion (or $29,754 per class A share) in value.

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This is a decrease of $28.1 billion or $18,488 per class A share compared to a year ago.

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Buffett believes Berkshire's operating income are a better indicator of company performance than investment gains and losses.

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This can be a variable quarter-to-quarter.

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This measure shows that Berkshire's earnings increased significantly to $9.28Billion, or $6,312.49 for Class A shares

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compared to last year's $6.69Billion or $4,399.92 for Class A shares.

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Analysts covering Berkshire predicted that the company would report operating earnings per Class A Share of $4,741.64.

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Berkshire reported that its quarterly revenue increased by more than 10% to $76.2 million as its businesses saw their prices rise.

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