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Berkshire Hathaway suffered an 30+ billion loss just because Apple’s stock price declined. Neither company is losing money and both are highly cashflow positi
by yywwbbn 4y ago
Berkshire Hathaway suffered an 30+ billion loss just because Apple’s stock price declined.
Neither company is losing money and both are highly cashflow positive.
- smcl 4y agoBerkshire Hathaway has been incredibly profitable over its lifetime though. Uber has been incredibly unprofitable throughout its existence
- yywwbbn 4y agoMy point was that while they are suffering huge losses this year they are actually doing fine. Seems the situation is similar with Uber, just that they were unlucky to become cash flow positive at the same time the market went down significantly.