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Paul Morigi Warren Buffett’s Berkshire Hathaway (NYSE:BRK.B) (NYSE:BRK.A) released its results for FY 2023, presenting a ~21% YoY growth in sales and a ~21% YoY expansion in operating income (both references vs. FY 2022). For Q4, the operating income was $8.48 billion, an increase from the $6.63 billion reported in the same quarter last year (~28% YoY). However, while I view BRK’s operating performance is relatively strong, I dislike that Berkshire Hathaway has continued to be a net seller of equities in Q4, having missed out on a strong equity rally through the entire 2023 and 2024 YTD. Moreover, in…
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