India, April 4 -- The stocks of Warren Buffett's Berkshire Hathaway Inc sailed through Thursday's turbulent trading session, falling only slightly, despite indices across the globe plummeting as US President Donald Trump's tariffs kicked in.

Berkshire Hathaway shares ended up outperforming the broader market, with its Class B stock sliding by 1.4%, making it a haven when compared to the S&P 500 which fell 5%, wiping out $2 trillion in market value.

One of the main reasons for this is due to the insurance sector being one of Berkshire's main sources of earnings.

This sector, in particular, has been relatively insulated from the rest of the market crash, with the KBW Insurance Index falling just 2.7% on Thursday.

Meanwhile, Progressive ...