Buffett's Berkshire Earns $ 21 Billion as Shares Earn

Berkshire Hathaway, of Warren Buffett, enjoyed Saturday a big quarterly profit, boosted by gains on his equity investments, as well as a slight increase in his operating profit.

Total income of $ 21.66 billion, or $ 13,209 per Clbad A share, compared to a net loss of $ 1.14 billion, or $ 692 per share, and a net loss of $ 25.39 billion fourth quarter.

These results illustrate what Buffett has called "the wild and the capricious" and, according to him, insignificant oscillations caused by an accounting rule requiring the declaration of unrealized gains on shares with the results, regardless of the Berkshire sales plans.

Berkshire said operating profit, which Buffett sees as a better measure of performance, rose 5 percent to $ 5.56 billion. Operating profit amounted to $ 5.29 billion, or $ 3,215 per share, a year earlier.