Jim Cramer on Berkshire: “You Have to Expect More Profit Taking as Buffett Leaves”

Group 1 - Berkshire Hathaway Inc. is recognized as a "terrific company" by Jim Cramer, who highlighted its upcoming earnings report and the transition of leadership from Warren Buffett to Greg Abel at the end of the year [1] - The company operates a diverse range of businesses, including insurance, utilities, railroads, manufacturing, retail, and consumer products, and has investments in various industries such as energy and aerospace [2] - For Q3, Berkshire Hathaway reported operating earnings of $13.49 billion, reflecting a year-over-year increase of 33.6%, with total revenues nearing $95 billion [2] Group 2 - The net earnings per average equivalent Class A share were reported at $21,413, while Class B shares had net earnings of $14.28 [2]