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During the quarter ended March 31, 2018, did Berkshire Hathaway sell any of its investments in equity securities? If they did, were these securities sold
During the quarter ended March 31, 2018, did Berkshire Hathaway sell any of its investments in equity securities? If they did, were these securities sold at a net gain or loss? How would the gain or loss be determined?
Note 8. Investment gains/losses (in full) A summary of investment gains and losses in the first quarter of 2018 and 2017 follows (in millions) 2018 2017 Equity securities: S (240) (7.807) Investment gains and losses during 2018 on securities sold in 2018 Unrealized investment gains and losses on securities held at the end of the period Gross realized gains Gross realized losses 425 (125) (8.047) 300 Fixed maturity securities: Gross realized gains Gross realized losses 359 11 (138) 17 (6) 10 Other S(7,809) 315 We recognize investment gains and losses when we sell or otherwise dispose of such securities. Beginning in 2018, equity security investment gains and losses also inelude unrealized gains and losses from changes in market prices during the period. See Note 2. Prior to 2018, we recorded the changes in unrealized gains and losses on our investments in equity securities in other comprehensive income. Note 8. Investment gains/losses (in full) A summary of investment gains and losses in the first quarter of 2018 and 2017 follows (in millions) 2018 2017 Equity securities: S (240) (7.807) Investment gains and losses during 2018 on securities sold in 2018 Unrealized investment gains and losses on securities held at the end of the period Gross realized gains Gross realized losses 425 (125) (8.047) 300 Fixed maturity securities: Gross realized gains Gross realized losses 359 11 (138) 17 (6) 10 Other S(7,809) 315 We recognize investment gains and losses when we sell or otherwise dispose of such securities. Beginning in 2018, equity security investment gains and losses also inelude unrealized gains and losses from changes in market prices during the period. See Note 2. Prior to 2018, we recorded the changes in unrealized gains and losses on our investments in equity securities in other comprehensive incomeStep by Step Solution
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