OMAHA- Warren Buffett’s company reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted, but Berkshire Hathaway’s many operating companies generally performed well.

The stock prices of three of Berkshire’s biggest investments — Apple, American Express and Bank of America — all fell significantly during the second quarter. But those stocks have all rebounded during the third quarter, meaning Berkshire’s portfolio is already worth more than it was at the end of the quarter.

Besides investments, Berkshire owns more than 90 companies outright. Berkshire said operating profits were up at all of its major units including its insurance companies, major utilities and BNSF railroad.

“This is a business that has its tentacles in all different parts of the economy. To show such broad revenue and earnings strength throughout the franchise, it gives me a lot of confidence that the broader economy is performing pretty well,” Jim Shanahan, an Edward Jones analyst said.

Berkshire said its revenue grew more than 10% to $76.2 billion in the quarter as many of its businesses increased prices

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