⚠ AI Risk Brief Interpretation layer — deterministic data below

Most detected additions concern operating results and management discussion, suggesting disclosure restructuring rather than a clear change in stated risk exposure.

Direction · Neutral

ThemesDisclosure structure and operating-results discussion

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

🟢 New in Current Filing Disclosure change10/10

Stock Performance Graph

The following chart compares the value of $100 invested in Berkshire common stock on December 31, 2020 and subsequent values with a similar investment in the Standard & Poor’s 500 Stock Index and in the Standard & Poor’s Property & Casualty Insurance…

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* Cumulative return for the Standard & Poor’s indices based on reinvestment of dividends.

** It is difficult to develop a group of companies comparable to Berkshire. Berkshire owns subsidiaries engaged in numerous diverse business activities of which an important component is the property and casualty insurance business. Accordingly, Berkshire uses the Standard & Poor’s Property & Casualty Insurance Index for comparative purposes.

Item 6. [Reserved]

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations

🟢 New in Current Filing Results of Operations 🔒

🟢 New in Current Filing Property/Facility type 🔒

And 83 more changes in the full comparison.

86 more changes in this filing

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