每日晨读金融时报|英语口语听力|原文及实用单词短语

8Aug 股市抛售令巴菲特公司损失44亿美金

09 Aug 2022

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【今日单词】blistering /ˈblɪstərɪŋ/adjective1. (of heat) intense."the blistering heat of the desert"2.(of criticism) expressed with great vehemence."a blistering attack on the government's transport policy"3.extremely fast, forceful, or impressive."Burke set a blistering pace"-----------------------------原文如下：Sell-off pushes Berkshire to a $43.8bn lossby ERIC PLATT — NEW YORK(来自：The Financial Time 金融时报)Warren Buffett’s Berkshire Hathaway dramatically slowed new investment in the second quarter after setting a blistering pace at the start of the year, as the US stock market sell-off pushed the insurance-to-railroad conglomerate to a $43.8bn loss.Berkshire said on Saturday the drop in global financial markets had weighed heavily on its stock portfolio, which fell in value to $328bn, from $391bn at the end of March.The $53bn booked loss in the three months to June far outweighed an upbeat quarter for its businesses, which improved their profitability.The company’s filing with US securities regulators showed its purchases of new stocks dwindled to about $6.2bn in the quarter, down from the $51.1bn it spent between January and March — a spurt that surprised Berkshire shareholders. Berkshire sold $2.3bn of stocks in the latest three-month period.Berkshire also spent $1bn buying back its own shares in June, a commonly used tactic when Buffett and his investment team find fewer appealing targets in the market.The 91-year-old investor signalled at the company’s annual meeting in Omaha, Nebraska, in April that the spree of multibillion-dollar stock purchases was likely to slow as the year progressed, saying the atmosphere in the company’s headquarters had become more “lethargic”.Berkshire’s mammoth cash and Treasury holdings were little changed from the end of March, falling less than $1bn to $105.4bn. While net income slid from a $5.5bn profit at the year’s start to a $43.8bn loss, operating income — which excludes the ups and downs of Berkshire’s stock positions — rose 39 per cent to $9.3bn. That included a $1.1bn currency-related gain on its non-US dollar debt.Berkshire is required to include the swings in the value of its stock and derivatives portfolio as part of its earnings each quarter, an accounting rule that Buffett has warned can make the company’s earnings figures look “extremely misleading” and volatile.The loss amounted to $29,754 per class A share. It stands in contrast to the $18,488 per share profit the company reported a year earlier.Berkshire’s results are parsed by analysts and investors for signs of the health of the broader US economy, as its businesses cut across much of the country’s industrial and financial heart.Inflationary pressures continued to bite, although many of its divisions were able to pass along higher prices to customers.The BNSF railroad, which Buffett has described as one of the “four giants” within Berkshire, reported a 15 per cent increase in revenue as fuel surcharges it levied on clients offset a drop in shipping volumes. Fuel costs for BNSF, which has more than 32,500 miles of rail tracks across 28 states, jumped more than 80 per cent year on year.Insurance unit Geico recorded a $487mn pre-tax underwriting loss in the quarter, up from the three months before. The division blamed the bigger loss on much higher prices for new cars and auto parts that it must pay when its clients are involved in accidents.In April, Buffett said the company was seeing the effects of inflation first hand, warning that it “swindles almost everybody”.Berkshire’s housing businesses, including modular home unit Clayton Homes and home decor retailer Nebraska Furniture Mart, offered hints about how consumers were responding to higher prices and increased mortgage rates. Furniture sales were relatively flat, with higher prices compensating for lower orders.Shares of Berkshire Hathaway’s class A common stock have fallen about 2 per cent this year, outperforming the 13 per cent drop in the benchmark S&P 500.

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13:00H | 21 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

10:00H | 21 DIC 2025 | Fin de Semana

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Fin de Semana

12:00H | 20 DIC 2025 | Fin de Semana

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2ª PARTE | 06 ENE 2026 | EL PARTIDAZO DE COPE

01 Jan 1970

El Partidazo de COPE

3ª PARTE | 22 ENE 2026 | EL PARTIDAZO DE COPE

01 Jan 1970

El Partidazo de COPE

3ª PARTE | 04 MAR 2026 | EL PARTIDAZO DE COPE

01 Jan 1970

El Partidazo de COPE

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每日晨读金融时报|英语口语听力|原文及实用单词短语

8Aug 股市抛售令巴菲特公司损失44亿美金

This episode hasn't been transcribed yet

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13:00H | 21 DIC 2025 | Fin de Semana

10:00H | 21 DIC 2025 | Fin de Semana

12:00H | 20 DIC 2025 | Fin de Semana

2ª PARTE | 06 ENE 2026 | EL PARTIDAZO DE COPE

3ª PARTE | 22 ENE 2026 | EL PARTIDAZO DE COPE

3ª PARTE | 04 MAR 2026 | EL PARTIDAZO DE COPE

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