It's Monday, August 4th. Welcome to Market Foolery. I'm Chris Hill joining me in studio

today from Motleyville 1, Jason Moser, and from Motleyville Inside Value, and all things Australia.

Joe Megh are back in the house.

Good night,

Thank you.

So good to see you.

It's great to be here.

It's great to have you back.

Let's put you to work.

We're going to talk about Michael Kaur's latest quarter. We're going to talk about

P&G. We will touch on the member event in San Francisco that Jason and I were

at. But let's start with Berkshire Hathaway. Second quarter profit rose 41% overall revenue for the quarter coming

in just shy of 50 billion. Obviously Berkshire Hathaway has got somewhere north of 80 different subsidiary businesses.

And I'm going to talk about each one in turn.

I'm going to go for coffee right now.

You'll still be talking when I get back.

Now what stood out to you in the quarter?

Well it was a big one in terms of profit.

Book value per share that was only up and I say only 5.6% through the first half of the

Sierra.

That's solid for a company this big. That's solid. Railroad not having the best

quarter, that's fine. It's still in a great position, a huge beneficiary of oil

...