Berkshire Hathaway Nears $1 Trillion Valuation Amid Record Profits, Buffett Tempers Expectations
Warren Buffett-led Berkshire Hathaway neared a $1 trillion market value on Monday after reporting its second consecutive record annual profit, positioning it among a select group of American companies. The 93-year-old Buffett reassured shareholders that the investment conglomerate, now the largest financial firm by market capitalization, was “built to last.” Berkshire’s Class A shares rose…