Warren Buffett's Berkshire Hathaway said first-half revenues fell 39% at Squishmallows' parent company and 12% at Fruit of the Loom as tariffs loomed.

Berkshire Hathaway didn’t just report earnings this quarter; it sent a clear message. In Q2 2025, Warren Buffett’s timeless investment firm posted $12.37 billion in net earnings to shareholders, down sharply from $30.3 billion in the year-ago period.

Owning Berkshire Hathaway means owning a wide variety of businesses. Many of those businesses are recession-resistant, too. For long-term investors, the stock price is reasonable at recent levels. When you survey the thousands of companies in the stock market,