In Q2 2023, it had $1.86 billion in assets invested in 56 stocks. If you look at its 13F from Q3 2023, you see it had $1.56 billion in assets invested in 51 stocks. For all of 2022, the losses were $3.46 billion. It cuts both ways.Īs it relates to the S&P 500, its losses related to its equity securities was $194 million in the first nine months of 2023, down from a $1.97 billion loss in the same period in 2022. However, in 2021 and 2o2o, there were losses of $2.52 billion. These are fees it receives for certain investments it has made as part of its compensation arrangements for those investments. The second thing that catches my eye are the $302 million in performance fees, down from $605 million a year earlier. Over the past 12 months through September, Berkshire earned $5.1 billion in interest income. While its cash, cash equivalents, and marketable securities only increased by $6.2 billion in 2023, thanks to a higher-interest rate environment, interest income jumped by aforementioned 82%. 30, it was $2.76 billion, 82% higher than a year earlier. The first thing that catches my attention is the increase in interest income in the first nine months of 2023 compared to 2022. I’m speaking about the 2019 changes to Generally Accepted Accounting Principles (GAAP) that required public companies to account for unrealized gains and losses of their equity investments in their quarterly earnings. For the first nine months of 2023, its other income was $709 million, up from a $2.50 billion loss a year earlier.Īs Warren Buffett would tell you, some of the numbers Berkshire Hathaway (NYSE: BRK.B) reports are virtually meaningless to the holding company’s overall economic picture. Alphabet’s OI&E Says a LotĪ quick perusal of Alphabet’s Q3 2023 10-Q suggests the company would be better off investing some of its free cash in an S&P 500 ETF as Warren Buffett recommends for most investors. On page 24 of its 10-Q there are details the company’s Other Income & Expenses. It hasn’t done nearly as well on its 2021 repurchases with an ROI of 8.4%. In 2022, the company repurchased 530 million shares of its stock, paying $59.30 billion, or $111.88 a share, an ROI of 20%. Through the first nine months of 2023, it repurchased $46.16 billion of its stock at an average price of $112.58. Fortunately, for shareholders, Alphabet continues to buy back its stock. GOOG stock is up 49%, this year but trails the rest of the Magnificent Seven.

Reading Alphabet’s (NASDAQ: GOOG), financial reports can be laborious, but it’s critical for owning Alphabet stock for the long haul.

Oppabet