Berkshire Hathaway posts $43.8 billion loss as stock holdings tumble By Reuters

*BERKSHIRE HATHAWAY POSTS $43.8 BILLION LOSS AS STOCK HOLDINGS TUMBLE IN Q2 - $BRK.A $BRK.B

© Reuters. FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott) Inc's bottom line in the second quarter, as the conglomerate run by billionaire Warren Buffett on Saturday reported a $43.8 billion loss.

Despite the huge net loss,"the results show Berkshire's resilience," said James Shanahan, an Edward Jones & Co analyst who rates Berkshire"neutral." Investors closely watch Berkshire because of Buffett's reputation, and because results from the Omaha, Nebraska-based conglomerate's dozens of operating units often mirror broader economic trends.

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