Berkshire Hathaway Q1 profit falls 14% amid wildfire claims and currency losses

A file photo of Berkshire Hathaway Chairman Warren Buffett | Photo Credit: SCOTT MORGAN/Reuters Warren Buffett’s Berkshire Hathaway on Saturday posted a lower operating profit in the first quarter, dented by insurance losses from wildfires and foreign currency changes, while its cash stake grew to a record $347.7 billion. Operating profit for the Omaha, Nebraska-based…