Berkshire Hathaway As An Indicator

Hello friends. It's probably hard to find out what the smart money is doing. I think some iconic companies have more overall predictive power than others. About 3 weeks later after the news was published we can see if there is any impact.
"Because of accounting rule changes, however, the conglomerate recorded a first quarter loss of $1.1 billion, compared to net income of $4 billion in last year's first quarter"
www.cnbc.com/2018/05...prepare-to-meet.html