Berkshire Hathaway Makes More Profit in the 4Q 2017 Than the 191 Largest US Corps in the Financial, Technology and Health Care Industries Combined ....................................................................................... Berkshire Hathaway's 4Q 2017 US GAAP Net Income From Continuing Operations Was $32.656 Bil, 2% Higher Than That of All 191 US Financial, Technology and Health Care Corps With Stock Market Caps Above $10 Bil Which Generated Combined 4Q 2017 Total US GAAP Net Income From Continuing Operations of $32.111 Bil ....................................................................................... Berkshire Hathaway's 4Q 2017 Earnings Increased By 414% From the 4Q 2016, While 73 Financial Corps Total 4Q 2017 Earnings Declined By 40%, 63 Technology Corps Total 4Q 2017 Earnings Declined By 93% and 55 Health Care Corps Total 4Q 2017 Earnings Declined By 101%

			Corp
			Quarter	US GAAP	US GAAP
			End	Net	Net
			When	Income	Income
			Trump	(Loss)	(Loss)
			Tax	Dec 17	Dec 16
US Corporation			Cuts	or	or
With Stock Market Caps Above $10 Bil		State	Act	Jan 18	Jan 17	Better
Which Have Released Their 4Q 2017 Earnings By 3-2-18	City Hqs	HQs	Signed	Quarter	Quarter	(Worse)
				mils $	mils $	mils $
US Financial Corp
JPMorgan Chase	New York	NY	Dec 17	4,232	6,727	(2,495)
Bank of America	Charlotte	NC	Dec 17	2,365	4,535	(2,170)
Wells Fargo	San Francisco	CA	Dec 17	6,241	5,304	937
UnitedHealth Group	Minneapolis	MN	Dec 17	3,721	1,708	2,013
Citigroup	New York	NY	Dec 17	(18,171)	3,591	(21,762)
Goldman Sachs	New York	NY	Dec 17	(1,928)	2,347	(4,275)
Morgan Stanley	New York	NY	Dec 17	704	1,680	(976)
US Bancorp	Minneapolis	MN	Dec 17	1,686	1,491	195
BlackRock	New York	NY	Dec 17	2,310	851	1,459
American Express	New York	NY	Dec 17	(1,197)	825	(2,022)
PNC Financial Services	Pittsburgh	PA	Dec 17	2,091	1,047	1,044
Charles Schwab	San Francisco	CA	Dec 17	597	522	75
Chubb Ltd	Philadelphia	PA	Dec 17	1,533	1,610	(77)
Anthem	Indianapolis	IN	Dec 17	1,231	368	863
Aetna	Hartford	CT	Dec 17	254	128	126
Bank of New York Mellon	New York	NY	Dec 17	1,181	872	309
CME Group	Chicago	IL	Dec 17	2,939	373	2,566
American Intl Group	New York	NY	Dec 17	(6,673)	(2,485)	(4,188)
MetLife	New York	NY	Dec 17	2,134	(813)	2,947
Cigna	Bloomfield	CT	Dec 17	267	374	(107)
Capital One Financial	McLean	VA	Dec 17	(862)	793	(1,655)
Prudential Financial	Newark	NJ	Dec 17	3,865	293	3,572
S&P Global	New York	NY	Dec 17	299	569	(270)
BB&T	Winston-Salem	NC	Dec 17	667	643	24
Marsh & McLennan Cos	New York	NY	Dec 17	28	441	(413)
Intercontinental Exchange	Atlanta	GA	Dec 17	1,231	359	872
Travelers Cos	Saint Paul	MN	Dec 17	551	943	(392)
State Street Corp	Boston	MA	Dec 17	370	593	(223)
Humana	Louisville	KY	Dec 17	184	(401)	585
Aflac	Columbus	GA	Dec 17	2,351	751	1,600
Allstate	Northbrook	IL	Dec 17	1,249	840	409
SunTrust Banks	Atlanta	GA	Dec 17	742	467	275
Progressive Corp	Mayfield Village	OH	Dec 17	580	398	182
TD Ameritrade	Omaha	NE	Dec 17	297	216	81
M&T Bank	Buffalo	NY	Dec 17	322	331	(9)
Synchrony Financial	Stamford	CT	Dec 17	385	576	(191)
Discover Financial Services	Riverwoods	IL	Dec 17	387	563	(176)
Interactive Brokers Group	Greenwich	CT	Dec 17	164	21	143
T Rowe Price	Baltimore	MD	Dec 17	387	367	20
Ameriprise Financial	Minneapolis	MN	Dec 17	181	400	(219)
KeyCorp	Cleveland	OH	Dec 17	196	232	(36)
Northern Trust	Chicago	IL	Dec 17	357	267	90
Citizens Financial Group	Providence	RI	Dec 17	666	282	384
Fifth Third Bancorp	Cincinnati	OH	Dec 17	509	395	114
Regions Financial	Birmingham	AL	Dec 17	334	317	17
Franklin Resources	San Mateo	CA	Dec 17	(572)	419	(991)
Hartford Financial Services	Hartford	CT	Dec 17	(558)	(135)	(423)
Principal Financial Group	Des Moines	IA	Dec 17	843	338	505
Centene	St Louis	MO	Dec 17	223	253	(30)
Comerica	Dallas	TX	Dec 17	112	164	(52)
Lincoln National	Radnor	PA	Dec 17	816	190	626
Huntington Bancshares	Columbus	OH	Dec 17	432	239	193
Markel Corp	Glen Allen	VA	Dec 17	439	133	306
First Republic Bank	San Francisco	CA	Dec 17	194	179	15
CNA Financial	Chicago	IL	Dec 17	223	241	(18)
United Rentals	Stamford	CT	Dec 17	897	153	744
Apollo Global Management	New York	NY	Dec 17	461	394	67
Invesco Ltd	Atlanta	GA	Dec 17	423	218	205
E*Trade Financial	New York	NY	Dec 17	129	127	2
Raymond James Financial	St Petersburg	FL	Dec 17	119	148	(29)
Nasdaq	New York	NY	Dec 17	246	(224)	470
Cboe Global Markets	Chicago	IL	Dec 17	257	45	212
SVB Financial Group	Santa Clara	CA	Dec 17	125	104	21
Ally Financial	Detroit	MI	Dec 17	179	246	(67)
Arthur J Gallagher & Co	Rolling Meadows	IL	Dec 17	99	79	20
Cincinnati Financial	Fairfield	OH	Dec 17	642	100	542
Unum Group	Chattanooga	TN	Dec 17	267	248	19
Arch Capital Group Ltd	New York	NY	Dec 17	202	96	106
Broadridge Financial Solutions	Lake Success	NY	Dec 17	62	30	32
SEI Investments	Oaks	PA	Dec 17	122	89	33
XL Group Ltd	Stamford	CT	Dec 17	60	310	(250)
Affiliated Managers Group	West Palm Beach	FL	Dec 17	394	206	188
Zions Bancorporation	Salt Lake City	UT	Dec 17	123	137	(14)
Total all 73 Financial Corps				27,916	46,238	(18,322)	-40%
US Technology Corp
Apple	Cupertino	CA	Dec 17	20,065	17,891	2,174
Alphabet	Mountain View	CA	Dec 17	(3,020)	5,333	(8,353)
Microsoft	Redmond	CA	Dec 17	(6,302)	6,267	(12,569)
Amazon	Seattle	WA	Dec 17	1,856	749	1,107
Facebook	Menlo Park	CA	Dec 17	4,268	3,568	700
Visa	San Francisco	CA	Dec 17	2,522	2,070	452
Intel	Santa Clara	CA	Dec 17	(687)	3,562	(4,249)
Cisco Systems	San Jose	CA	Dec 17	(8,778)	2,348	(11,126)
Mastercard	Purchase	NY	Dec 17	227	933	(706)
Intl Business Machines	Armonk	NY	Dec 17	(1,053)	4,505	(5,558)
NVIDIA	Santa Clara	CA	Jan 18	1,118	655	463
Netflix	Los Gatos	CA	Dec 17	186	67	119
Texas Instruments	Dallas	TX	Dec 17	344	1,047	(703)
Qualcomm	San Diego	CA	Dec 17	(5,953)	681	(6,634)
PayPal Holdings	San Jose	CA	Dec 17	620	390	230
Booking Holdings	Norwalk	CT	Dec 17	(555)	674	(1,229)
Salesforce.com	San Francisco	CA	Jan 18	68	(51)	119
Applied Materials	Santa Clara	CA	Jan 18	135	703	(568)
Activision Blizzard	Santa Monica	CA	Dec 17	(584)	254	(838)
VMware	Palo Alto	CA	Dec 17	(440)	441	(881)
Cognizant Tech Solutions	Teaneck	NJ	Dec 17	(18)	416	(434)
eBay	San Jose	CA	Dec 17	(2,597)	5,948	(8,545)
Intuit	Mountain View	CA	Jan 18	(21)	13	(34)
Electronic Arts	Redwood City	CA	Dec 17	(186)	(1)	(185)
HP Inc	Palo Alto	CA	Jan 18	1,938	611	1,327
Analog Devices	Norwood	MA	Jan 18	268	217	51
DXC Technology	Tydsons	VA	Dec 17	779	37	742
Lam Research	Fremont	CA	Dec 17	(10)	333	(343)
Hewlett Packard Enterprises	Palo Alto	CA	Jan 18	1,482	251	1,231
ServiceNow	Santa Clara	CA	Dec 17	(28)	(33)	5
Workday	Pleasanton	CA	Jan 18	(89)	(88)	(1)
Twitter	San Francisco	CA	Dec 17	91	(167)	258
Western Digital	San Jose	CA	Dec 17	(823)	235	(1,058)
Snap Inc	Venice	CA	Dec 17	(350)	(170)	(180)
Arista Networks	Santa Clara	CA	Dec 17	104	59	45
Microchip Technology	Chandler	AZ	Dec 17	(251)	107	(358)
Skyworks Solutions	Woburn	MA	Dec 17	70	258	(188)
Motorola Solutions	Chicago	IL	Dec 17	(574)	244	(818)
Xilinx	San Jose	CA	Dec 17	12	142	(130)
Symantec	Mountain View	CA	Dec 17	1,311	(56)	1,367
Maxim Integrated Products	San Jose	CA	Dec 17	(75)	130	(205)
KLA-Tencor	Milpitas	CA	Dec 17	(134)	238	(372)
Waters Corp	Milford	MA	Dec 17	(353)	174	(527)
Square	San Francisco	CA	Dec 17	(16)	(15)	(1)
NetApp	Sunnyvale	CA	Jan 18	(506)	146	(652)
Expedia	Bellevue	WA	Dec 17	53	85	(32)
Palo Alto Networks	Santa Clara	CA	Jan 18	(35)	(61)	26
CA Inc	New York	NY	Dec 17	(93)	208	(301)
Seagate Technology	Cupertino	CA	Dec 17	159	297	(138)
IPG Photonics	Oxford	MA	Dec 17	53	75	(22)
Citrix Systems	Fort Lauderdale	FL	Dec 17	(284)	179	(463)
ANSYS	Canonsburg	PA	Dec 17	53	70	(17)
Splunk	San Francisco	CA	Jan 18	(25)	(74)	49
Synopsys	Mountain View	CA	Jan 18	(4)	87	(91)
Take-Two Interactive Software	New York	NY	Dec 17	25	(30)	55
Atlassian Corp	San Francisco	CA	Dec 17	(65)	(2)	(63)
CDW Corp	Vernon Hills	IL	Dec 17	195	103	92
Match Group	Dallas	TX	Dec 17	(8)	75	(83)
Advanced Micro Devices	Santa Clara	CA	Dec 17	61	(51)	112
Akamai Technologies	Cambridge	MA	Dec 17	19	92	(73)
VeriSign	Reston	VA	Dec 17	103	106	(3)
Cadence Design Systems	San Jose	CA	Dec 17	(14)	38	(52)
SS&C Technologies	Windsor	CT	Dec 17	165	57	108
						-
Total all 63 US Technology Corps				4,419	62,370	(57,951)	-93%
US Health Care Corp
Johnson & Johnson	New Brunswick	NJ	Dec 17	(10,713)	3,814	(14,527)
Pfizer	New York	NY	Dec 17	12,289	763	11,526
AbbVie	North Chicago	IL	Dec 17	52	1,391	(1,339)
Merck	Kenilworth	NJ	Dec 17	(864)	(587)	(277)
Amgen	Thousand Oaks	CA	Dec 17	(4,264)	1,935	(6,199)
Medtronic plc	Minneapolis	MN	Jan 18	(1,392)	820	(2,212)
Bristol-Myers Squibb	New York	NY	Dec 17	(2,329)	898	(3,227)
Gilead Sciences	Foster City	CA	Dec 17	(3,836)	3,099	(6,935)
Abbott Labs	Abbott Park	IL	Dec 17	(864)	765	(1,629)
Eli Lilly	Indianapolis	IN	Dec 17	(1,657)	772	(2,429)
Thermo Fisher Scientific	Waltham	MA	Dec 17	530	633	(103)
CVS Health	Woonsocket	RI	Dec 17	3,287	1,707	1,580
Celgene	Summit	NJ	Dec 17	(81)	429	(510)
Biogen	Cambridge	MA	Dec 17	(166)	648	(814)
Becton Dickinson	Franklin Lakes	NJ	Dec 17	(136)	562	(698)
Stryker	Kalamazoo	MI	Dec 17	(249)	510	(759)
Allergan plc	Parsippany	NJ	Dec 17	3,509	(40)	3,549
Intuitive Surgical	Sunnyvale	CA	Dec 17	(39)	204	(243)
Vertex Pharmaceuticals	Boston	MA	Dec 17	102	28	74
Boston Scientific	Marlborough	MA	Dec 17	(615)	124	(739)
Zoetis	Parsippany	NJ	Dec 17	80	154	(74)
Baxter Intl	Deerfield	IL	Dec 17	(61)	240	(301)
HCA Healthcare	Nashville	TN	Dec 17	641	1,085	(444)
Regeneron Pharmaceuticals	Tarrytown	NY	Dec 17	174	253	(79)
Illumina	San Diego	CA	Dec 17	58	108	(50)
McKesson	San Francisco	CA	Dec 17	960	649	311
Edwards Lifesciences	Irvine	CA	Dec 17	36	159	(123)
Alexion Pharmaceuticals	New Haven	CT	Dec 17	30	93	(63)
Zimmer Biomet Holdings	Warsaw	IN	Dec 17	1,257	70	1,187
Agilent Technologies	Santa Clara	CA	Jan 18	(320)	168	(488)
IQVIA Holdings	Durham	NC	Dec 17	1,084	(175)	1,259
Mylan NV	Canonsburg	PA	Dec 17	244	418	(174)
Cardinal Health	Dublin	OH	Dec 17	1,053	324	729
AmerisourceBergen	Chesterbrook	PA	Dec 17	862	247	615
Cerner	Kansas City	MO	Dec 17	337	150	187
Align Technology	San Jose	CA	Dec 17	10	48	(38)
Incyte Corp	Wilmington	DE	Dec 17	(150)	9	(159)
Lab Corp of America	Burlington	NC	Dec 17	709	185	524
Idexx Labs	Westbrook	ME	Dec 17	38	52	(14)
Biomarin Pharmaceuticals	Novato	CA	Dec 17	(51)	(91)	40
Quest Diagnostics	Seacaucus	NJ	Dec 17	267	167	100
DaVita	Denver	CO	Dec 17	197	176	21
ResMed	San Diego	CA	Dec 17	10	77	(67)
Dentsply Sirona	York	PA	Dec 17	(673)	108	(781)
Perrigo Co plc	Allegan	MI	Dec 17	73	(1,359)	1,432
Nektar Therapeutics	San Francisco	CA	Dec 17	(34)	(42)	8
Alnylam Pharmaceuticals	Cambridge	MA	Dec 17	(142)	(113)	(29)
Teleflex	Wayne	PA	Dec 17	(43)	61	(104)
Bioverativ	Waltham	MA	Dec 17	141	229	(88)
Varian Medical Systems	Palo Alto	CA	Dec 17	(112)	8	(120)
Henry Schein	Melville	NY	Dec 17	9	153	(144)
Universal Health Services	King of Prussia	PA	Dec 17	225	179	46
Hologic	Marlborough	MA	Dec 17	407	87	320
Abiomed	Danvers	MA	Dec 17	13	15	(2)
bluebird bio	Cambridge	MA	Dec 17	(117)	(71)	(46)
						-
Total all 55 US Health Care Corps				(224)	22,296	(22,520)	-101%
Total all 191 US Financial, Technology & Health Care Corps				32,111	130,904	(98,793)	-75%
Berkshire Hathaway	Omaha	NE	Dec 17	32,656	6,355	26,301	414%
….. % Higher in 4Q 2017 Net Income				2%