May 07, 2021 10:44 PM IST
Berkshire Hathaway share price is almost close to the highest level which Nasdaq can handle on its computer screen. Till now, the biggest possible number that Nasdaq can handle is $4,294,967,295.
- May 05, 2021 08:45 AM IST
During the meeting, Buffett acknowledged that Google, Microsoft, Apple etc. “are incredible companies, in terms of what they earn on capital. They don’t require a lot of capital, and they gush out more money.”
- May 04, 2021 04:27 PM IST
According to Forbes, Abel is worth an estimated $484 million as he owns take in its privately held energy subsidiary, despite owning very little of Berkshire’s publicly traded stock.
- May 03, 2021 05:34 PM IST
Abel has long been seen as the most likely candidate to replace Buffett, given his age and his wide remit overseeing all the non-insurance businesses at Berkshire.
- May 02, 2021 01:15 PM IST
The AGM of the Omaha-based Berkshire Hathaway was held virtually for the second year in a row.
- May 02, 2021 12:54 PM IST
Warren Buffett: Whatever today’s figures, Charlie Munger, my long-time partner, and I firmly believe that, over time, Berkshire’s capital gains from its investment holdings will be substantial, Buffett said.
- May 02, 2021 11:49 AM IST
Buffett said the stock trading platforms that allow people to buy and sell stocks for free, such as Robinhood, are only encouraging that gambling.
- May 01, 2021 04:37 PM IST
At Berkshire’s annual meeting on May 4, Buffett and Vice Chairman Charlie Munger will answer more than five hours of shareholder questions. The meeting will be broadcast on Yahoo Finance.
- May 01, 2021 04:24 PM IST
In his letter to shareholders last year, the legendary investor said investing illusions can continue for a surprisingly long time. "Wall Street loves the fees that deal-making generates, and the press loves the stories that colorful promoters provide," he had said.
- Apr 10, 2021 11:26 AM IST
Warren Buffett's insurance and investment company traditionally draws thousands to its extravagant annual meeting in Omaha but, like many top U.S. corporations during the coronavirus pandemic, had asked investors to log in to the meeting remotely instead of attending in person.
- Mar 11, 2021 08:52 AM IST
The 90-year-old investor was once the world’s richest man, but he has fallen back to No. 5 in Forbes magazine’s current list of the world’s richest people.
- Feb 28, 2021 07:16 AM IST
Investing illusions can continue for a surprisingly long time. Wall Street loves the fees that deal-making generates, and the press loves the stories that colourful promoters provide, says Warren Buffett in the letter.
- Feb 27, 2021 08:36 PM IST
Buffett hardly even addressed the coronavirus that ravaged many businesses last year, instead focusing on the long-term prospects for the railroad, utility and insurance businesses and stocks that Berkshire Hathaway owns.
- Feb 27, 2021 08:34 PM IST
Charlie Munger and I want our conglomerate to own all or part of a diverse group of businesses with good economic characteristics and good managers, said Warren Buffett in his letter to shareholders. Read the full text here.
- Feb 27, 2021 07:55 PM IST
Fourth-quarter operating income rose to $5.02 billion, or approximately $3,252 per Class A share, from $4.42 billion, a year earlier.
- Nov 24, 2020 07:53 AM IST
According to exchange filings, Berkshire Hathaway picked up pharma companies such as AbbVie Inc, Bristol-Myers Squibb Co, Merck & Co and Pfizer Inc in the third quarter of 2020
- Oct 31, 2020 10:37 AM IST
Lubrizol Corporation invented chlorinated polyvinyl chloride (CPVC) resins and compounds, and is currently the largest manufacturer of such products.
- Sep 17, 2020 12:46 PM IST
Before the IPO, Buffett's Berkshire Hathaway and Salesforce Ventures had each agreed to purchase $250 million worth of Snowflake stock.
- Sep 09, 2020 04:04 PM IST
Berkshire Hathaway also agreed to buy 4.04 million shares from one of Snowflake’s current shareholders in a secondary transaction
- Aug 31, 2020 07:57 AM IST
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.
- Aug 30, 2020 09:21 PM IST
Having bought his first stock in 1941 at the age of 11, Warren Buffett has grown his portfolio massively since then
- Aug 17, 2020 07:52 AM IST
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.
- Aug 16, 2020 08:28 AM IST
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.
- Aug 08, 2020 07:31 PM IST
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.
- Jul 10, 2020 09:18 PM IST
Ambani is the only Asian tycoon in the exclusive club of the world’s top 10 richest people last month, which began in 2012