BBC NEWS | Business | Buffett firm sees profits triple: "Berkshire Hathaway said its net profit was $3.2bn (£1.9bn) in the three months to September, compared to $1.1bn in the same period last year.
But most of that was due to an unrealised $1.1bn gain on some derivatives its insurance unit holds.
Mr Buffett last week said he was taking control of a US railroad in his biggest deal to date.
Berkshire agreed to buy the stock that it does not already own in Burlington Northern Santa Fe (BNSF), the biggest US haulier of products such as corn and coal, for about $26bn in cash and stock."
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