Warren Buffett, How About an Earnings Call?

  • Date: 07-Aug-2020
  • Source: Washington Post
  • Sector:Financial Markets
  • Country:GCC
  • Who else needs to know?

Warren Buffett, How About an Earnings Call?

Saturday is Berkshire Hathaway Inc. earnings day, but don't count on there being many insights from Warren Buffett himself.As Berkshire prepares to report its latest operating results and an update to its even more closely followed cash figure, what investors want most of all is to hear from the Oracle of Omaha. But unlike other companies, Berkshire's quarterly earnings aren't that illuminating. They usually entail only a perfunctory statement of the overarching numbers, with no prepared remarks or chance to ask questions.Support our journalism. Subscribe today.arrow-rightBerkshire's longstanding tradition of not hosting earnings calls has always made it an outlier in Corporate America — that and the unconventional practice of reporting on weekends. But not having any regular forum to hear from Buffett and Berkshire's other executives is especially unfortunate during a global pandemic and