[Berkshire Hathaway Accelerates Stock Buybacks as Operating Profit Declines] Jinse Finance reports that on November 7th, Berkshire Hathaway (BRK.A.N, BRK.B.N) announced on Saturday that its third-quarter operating profit declined due to a drop in insurance underwriting performance, and stated that it repurchased $9.6 billion worth of shares during the quarter. This repurchase is an additional step on the $4.8 billion worth of shares Berkshire repurchased earlier this year. Quarterly operating profit fell 6% to $12.71 billion from $13.49 billion in the same period last year, equivalent to approximately $8,954 per Class A share. Net profit fell 28% to $22.11 billion, which includes unrealized gains or losses on shares still held by Berkshire Hathaway, headquartered in Omaha, Nebraska. (Jinshi)