Most of Berkshire Hathaway's Earnings Don't Come From Its Stock Portfolio. Here's Where They Do Come From.

Key Points Berkshire's operating earnings came to about $48 billion over the four reported quarters through June. Dividend income from the stock portfolio has fallen two years in a row. The manufacturing, service and retailing group was the biggest earner over that stretch, at about $14.7 billion. 10 stocks we like better than Berkshire Hathaway › Berkshire Hathaway (NYSE:BRKA) (NYSE:BRKB) owns arguably the most famous stock portfolio in the world -- the one Warren Buffett spent decades assembling. It was worth about $324 billion when the second quarter ended, and about two-thirds of it sits in just five companies, including Apple , Coca-Cola , and American Express .