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Buffett’s Empire Soars: Cash Hoard at an All-Time High

Berkshire Hathaway, led by Warren Buffett, saw a significant increase in operating profit in the first quarter, with a strong performance in insurance underwriting. However, net earnings fell due to fluctuations in stock investments. The company's cash hoard reached a record high, while it also bought back more stock. These results will be discussed at the upcoming shareholder meeting, where Buffett will share his insights on investing and the economy.