Lubrizol Corporation invented chlorinated polyvinyl chloride (CPVC) resins and compounds, and is currently the largest manufacturer of such products.
Before the IPO, Buffett's Berkshire Hathaway and Salesforce Ventures had each agreed to purchase $250 million worth of Snowflake stock.
Berkshire Hathaway also agreed to buy 4.04 million shares from one of Snowflake’s current shareholders in a secondary transaction
On Warren Buffett's 90th birthday, Berkshire Hathaway said it acquired its stakes in Itochu Corp, Marubeni Corp, Mitsubishi Corp, Mitsui & Co and Sumitomo Corp.
Having bought his first stock in 1941 at the age of 11, Warren Buffett has grown his portfolio massively since then
Shares of Barrick have benefited from rising gold prices, which set a record last week, and rose 3.2 percent in after-hours trading following Berkshire’s disclosure.
In a regulatory filing detailing its US-listed investments as of June 30, Berkshire also disclosed a new 20.9 million share investment worth $563.6 million in Toronto-based Barrick Gold Corp, one of the world’s largest mining companies.
Berkshire said it also took a $513 million charge on its 26.6 percent stake in Kraft Heinz Co, which on July 30 took writedowns on several of its businesses, including its Maxwell House and Oscar Mayer brands.
Ambani is the only Asian tycoon in the exclusive club of the world’s top 10 richest people last month, which began in 2012
The transaction announced on Sunday includes more than 7,700 miles (12,390 km) of natural gas transmission lines and 900 billion cubic feet of gas storage.
Only a few weeks after Berkshire Hathaway bought what looked like an upstanding example of German engineering prowess, a manager in Warren Buffett's widely admired corporate empire received an unsettling email. The case showed that even Buffett, one of the shrewdest investors in the world, can be hoodwinked
“He’s been right his whole life, but sometimes even somebody like Warren Buffett—I have a lot of respect for him—make mistakes," Trump said
Warren Buffett once again showed investors as to how one can cut losses and preserve cash. The investing phenomenon is dynamic in nature and usually changes over a period of time based on the prevailing trend.
At Berkshire Hathaway's annual shareholder meeting for 2020, the Oracle of Omaha had one key thing to say-- bet on America.
During Berkshire Hathaway's AGM, Warren Buffett said that the 'American miracle' was intact and urged investors to never bet against the United States.
The conglomerate had held sizeable positions in the airlines, including an 11 percent stake in Delta Air Lines, 10 percent of American Airlines Co, 10 percent of Southwest Airlines Co and 9 percent of United Airlines at the end of 2019, according to its annual report and company filings.
This is not the first time the billionaire investor has come in crosshairs with environmental activists. In 2016, he was strongly criticised by environmental advocacy groups for his claims that climate change will be a manageable and profitable risk for the insurance industry.
On Feb 27, Buffett's company had scooped up nearly one million shares of Delta Air Lines at $46.40 apiece, taking its total holding to about 71.9 million shares, or about 11.2 percent, of the company.
Buffett has done spectacularly well over the past six decades making investment decisions, but it is not unreasonable to wonder if his successors can do the same.
The Berkshire Hathaway chief recently scooped up nearly one million shares of Delta Air Lines, which has been in a downward spiral
Warren Buffett’s annual letter to shareholders of Berkshire Hathaway provides deep insights into how he and his partner Charlie Munger are thinking about investments.
Here's the full text of Warren Buffett’s annual letter to Berkshire Hathaway shareholders in which he has asserted that the company is prepared for his departure as well as that of Charlie Munger
"Charlie and I long ago entered the urgent zone. That’s not exactly great news for us. But Berkshire shareholders need not worry: Your company is 100 percent prepared for our departure," Buffett's annual letter read.
The long-time business associate of Warren Buffett spoke on a wide array of topics including his scepticism over joining the party on Tesla's scrip, especially in the backdrop of wild swings it has witnessed recently.
The deal includes 31 daily newspapers and 49 weeklies.