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On November 4th Eastern Time, Berkshire Hathaway, an investment company under Warren Buffett, released its third quarter report. The report shows that the company had a net loss of 12.767 billion US dollars, and the market expected a net profit of 8.946 billion US dollars. The net loss for the same period last year was 2.798 billion US dollars. The company's total cash amount reached $157.24 billion (approximately RMB 1147.7 billion), setting a new historical high.
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