What's behind Berkshire Hathaway's success?

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February 29 -- Berkshire Hathaway Inc., the conglomerate controlled by billionaire Warren Buffett, said fourth-quarter profit climbed 32 percent on investments and earnings from the company's expanding stable of operating businesses. Net income rose to $5.48 billion, or $3,333 a share, from $4.16 billion, or $2,529, a year earlier, the company said Saturday in a statement. Investec Wealth & Investment Divisional Director Charles Newsome discusses with Bloomberg's Manus Cranny and Anna Edwards on "Countdown."

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4 minutes

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Alexander Street

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