Warren Buffett's Berkshire Hathaway Operating Earnings Drop, as Cash Pile Hits Record High

1. Berkshire Hathaway's Q1 earnings fell 14.1% year-over-year. 2. Profit decline attributed to weaker insurance underwriting performance. 3. Cash reserves increased to a record $347.7 billion, up from $334.2 billion. 4. No stock repurchases occurred in this quarter. 5. Berkshire's Class B shares rose 19% despite broader market decline.