On Saturday (November 2nd) local time, Berkshire Hathaway released its third quarter performance report for this year, marking the eighth consecutive quarter of net stock sales by Warren Buffett and a record high in Berkshire Hathaway's cash reserves. The performance report shows that Berkshire Hathaway's quarterly earnings amounted to $92.995 billion, a slight decrease from $93.21 billion in the same period last year; The operating profit was $10.09 billion, lower than analysts' expectations, compared to $10.761 billion in the same period last year, a year-on-year decrease of 6.2%.