Ajit Jain, who graduated with a BTech degree from IIT Kharagpur joined Berkshire Hathaway in 1986.
At the end of December 2018, Buffett had $112 billion in Treasury bills and other cash equivalents to buy many attractive businesses
Commenting on the US’ massive national debt, Munger said he is not worried. Though he added every great nation eventually falls, be it Rome or Britain from its heydays; and it is the US' turn now.
Talking about cryptocurrencies, Buffett said they’re non-productive assets and will come to bad endings
Buffett and Berkshire Vice Chairman Charlie Munger taught and entertained shareholders as they answered more than five hours of questions at the meeting.
Following is an extract from the book: “Two wise men: Stories for children based on the wit and wisdom of Charlie Munger and Warren Buffett,” authored by Vishal Khandelwal and SB Vallari of safalniveshak.com
Buffett presided over his 51st Berkshire annual meeting in Omaha, Nebraska, where he and Vice Chairman Charlie Munger fielded five hours of questions on such matters as Coca-Cola's sugary drinks, lower shipping volumes on the BNSF railroad, risks from derivatives, and who might succeed Buffett as chief executive.
Ahead of the launch of the 20th edition of Motilal Oswal's Wealth Creation Study, the brokerage's co-founder Raamdeo Agrawal says the 'Lollapalooza effect' is a powerful driver of outsized investment returns.
Warren Buffett has some advice for young people on how to be happy, and it has nothing to do with having billions of dollars.
In the previous article, we had discussed how a simple emotion like jealousy could prompt you into making irrational investment decisions.
In the previous introductory article, we briefly discussed Charlie Munger's multidisciplinary approach to investing. Starting with this article, we'll discuss his list of "24 Standard Causes of Human Misjudgment" and understand how they have powerful implication for investors.
The legendry Warren Buffett often emphasized on the importance of 'economic moat' for stocks. In his opinion, these are the stocks that have the lasting virtue of shareholder wealth creation.
Warren Buffett has a Chinese car problem, and he may be tempted to fix it himself -- at a cost of billions of dollars.