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--- berkshire_notes [2023/05/09 21:52] – [How much operating income did Berkshire have in Q1 of 2023?] admin
+++ berkshire_notes [2024/05/07 02:52] – [What are the holdings of Berkshire?] raju
@@ Line 35: / Line 35: @@
 and the operating earnings in Q1 of 2022 are
 <code>
->>> 5580 + 1580
+>>> 5580 - (-1580)
 </code>
@@ Line 50: / Line 50: @@
 showing a 12.6% rise in operating profit, to $8.1 billion.
 </code>
-  * https://www.businesswire.com/news/home/20230506005003/en/ shows that the operating earnings are \$8,065 millions and \$7,160 millions in Q1 or 2023 and 2022 respectively. This matches with the above calculation.
+  * https://www.businesswire.com/news/home/20230506005003/en/ shows that the operating earnings are \$8,065 million and \$7,160 million in Q1 or 2023 and 2022 respectively. This matches with the above calculation.
     * This press release is a bit easier to understand about operating earnings compared to my approach. But I do not know how to generalize it for other quarters (ex:- how to get the corresponding businesswire link?).
     * I found businesswire link in https://www.barrons.com/articles/berkshire-hathaway-inc-first-quarter-2023-earnings-release-e6e998bf
+  * The operating income can get revised at a later point in time. For example, https://www.businesswire.com/news/home/20220430005003/en shows that the original operating income was \$7,040 million. But https://www.businesswire.com/news/home/20230506005003/en shows that it got revised to \$7,160 million.
 ===== How much cash does Berkshire hold at the end of year 2022? ====
@@ Line 59: / Line 60: @@
 <code>
 https://www.berkshirehathaway.com/ -> Annual & Interim Reports
--> Year link corresponding to (row, column) = (2022; Annual)
+-> Year link corresponding to (row, column) = (2022, Annual)
--> Click on "2022 Annual Report (PDF file)" .
+-> Click on "2022 Annual Report (PDF file)"
 </code>
@@ Line 76: / Line 77: @@
 Summing up all these numbers gives \$128,585. So Berkshire has about \$129 billion in cash.
+See also:
+  * https://github.com/KamarajuKusumanchi/market_data/blob/master/berkshire/cash.txt - Berkshire's cash by quarter.
+==== How much cash does Berkshire hold at the end of Q2 2023? ====
+Go to the Q2 2023 report https://berkshirehathaway.com/qtrly/2ndqtr23.pdf. You can also go there via
+<code>
+https://berkshirehathaway.com/ -> Annual & Interim Reports
+-> Link corresponding to (row, column) = (2023, 2nd Quarter)
+-> Click on "2023 Second Quarter Report (PDF file)"
+</code>
+In the quarterly report, go to pg-3 in PDF (pg-2 in document) -> Consolidated Balance Sheets
+<code>
+                  (dollars in millions)
+                                                   June 30, 2023
+Insurance and Other:
+  Cash and cash equivalents                        $44,611
+  Short-term investments in U.S. Treasury Bills    $97,322
+Railroad, Utilities and Energy:
+  Cash and cash equivalents                        $ 5,444
+</code>
+Summing up all these numbers gives \$147,377. So Berkshire has about \$147 billion in cash at the end of Q2 2023.
+See also:
+  * https://github.com/KamarajuKusumanchi/market_data/blob/master/berkshire/cash.txt - Berkshire's cash by quarter.
+===== dummy =====
+==== What are the holdings of Berkshire? ====
+  * https://www.cnbc.com/berkshire-hathaway-portfolio/ - shows the holdings of Berkshire.
+==== Board of directors ====
+  * Ronald L. Olson
+Ref:- Full list can be found at https://www.berkshirehathaway.com/2001ar/directors.html