warren buffett berkshire hathaway

The ideas of Warren Buffett and Berkshire Hathaway have a great impact on the American economy.

Warren Buffett and Berkshire Hathaway have a disappointing forecast

Billionaire investor Warren Buffet expects most of Berkshire's earnings decline this year.

This has happened due to prolonged recession in business.

Buffett has said that much of Berkshire's success has been attributed to the incredible growth of the American economy. 

Berkshire reported a 13% increase in first quarter operating earnings to $8.07 billion.

Berkshire Hathaway has a profit of $ 35.5 billion in quarterly results.

The company's net income equals $24,377 per Class A share

Warren Buffet has named Gregory Abel as his successor at Berkshire Hathaway.