Shares of Berkshire Hathaway (BERK.A) were down by 12% in 2015 compared to the 0.7% fall in S&P’s 500 indexes and were at its worst since 2009. It incurred a $38 million loss on its insurance underwriting businesses resulting in a 10% fall in its operating earnings for the second quarter of 2015. The first three- quarters of 2015 were difficult for the insurance businesses … [Read more...]