context | 2023 earnings of Berkshire
today | 2024-02-25
In [9]: cash_2022q4 = 128585 cash_2023q4 = 167641 operating_earnings_2023 = 8065 + 10043 + 10761 + 8481 cash_increase = cash_2023q4 - cash_2022q4 In [10]: [cash_increase, operating_earnings_2023] Out[10]: [39056, 37350]
In English, the business generated about \$37 billions of earnings in 2023. The cash pile increased by \$39 billions. So Buffett actually sold $2bn worth securities on a net-net basis.
Am I right?