Holding two cans of Coca-Cola on stage, Buffett poked fun at his famously unconventional diet and exercise habits
Speaking as a part of Berkshire Hathaway's Annual General Meeting in Omaha on May 3, Buffett suggested, “Who you associate with is just enormously important. You are going to have your life progress in the general direction of the people that you work with, that you admire, that become your friends.”
Buffett said Berkshire came close to deploying $10 billion recently, and wouldn't hesitate to spend “$100 billion” when the right opportunity came along
“The five largest holdings… were American Express Company, Apple Inc., Bank of America Corporation, The Coca-Cola Company and Chevron Corporation,” stated the first quarter report released by the company.
In stark contrast, Buffett has been offloading his US investments, largely by reducing stakes in two of his largest holdings—Apple and Bank of America.
Warren Buffett said he also increased Berkshire’s investment in five major Japanese conglomerate
Howie will take over as non-executive chairman of the $1 trillion worth Berkshire Hathaway from Warren Buffett, according to a report by the Wall Street Journal.
Berkshire reported quarterly operating profits of $10.1 billion, a 6 percent decrease year-over-year, due to substantial insurance losses from Hurricanes Helene and Milton, along with a $535 million settlement over asbestos-related claims.
Bank of America’s stock has underperformed throughout the liquidations. It had been No. 1 in the 24-company KBW Bank Index this year as of July 16. Since then, it has been the second-worst performer. In the latest round, Berkshire unloaded $382.4 million of shares over three days.
Buffett's donations boost his overall giving to the charities to about $57 billion, including donations to the family charities in the last two Novembers.
After Buffett is no longer in charge, his oldest son Howard is expected to become non-executive chairman, to help preserve Berkshire's culture.
Wannabe investors who read a few articles or hear catchphrases attributed to Warren Buffett start to believe that they can emulate his investing success. More worryingly, they build their investing strategy around these catchphrases. But Buffett's annual letter says, among other things, that investing is simple, but not easy.
Here’s what Warren Buffet and Bill Gates discussed about India!
Munger, Buffett adds never sought to take credit for his role as creator but instead let him receive all the accolades, playing the role of an older brother and part-loving father
In his widely-read annual letter to Berkshire shareholders Buffett said his more than $900 billion conglomerate has become a fortress that could withstand even an unprecedented financial disaster
Both Buffett and Munger are very spiritual, they were detached, were not egoistical and gave each other a lot of leeway.
Legendary Investor and Warren Buffett's close aide at Berkshire Hathaway Charlie Munger has passed away at the age of 99. Munger, who would have marked his 100th birthday on new year's day, played an indispensable role in Berkshire Hathaway's success, a sentiment echoed by Buffett himself. Catch this special on the life and times and the rich legacy of the investing genius. Market expert Ajay Bagga reflects on Munger's legacy.
From Tesla's concerns about who's in the driver's seat to the possibility of EVs being hacked , here's a look into the global markets
The picture featured a peanut vendor at his stall that was adorned with two posters. A famous quote by Buffet was seen on the first poster and the other detailed the nutritional benefits of peanuts.
Four aspects of India’s impressive compounding of growth need reinforcing in the public mind: Our companies will soon become massive; technology is the ‘wet snow’ helping the snowball grow larger and larger down that ‘really long hill’; startup entrepreneurship deserves our respect; and government’s role in unlocking public infrastructure has been exemplary
The Warren Buffet-led company also posted quarterly net income of $35.9 billion, reflecting unrealized gains on investments such as Apple, whose stock price rose 17.6 percent in the quarter.
Profit from insurance underwriting increased by 74% to $1.25 billion, helping Berkshire post operating profit that surpassed its $9.28 billion haul from the same period last year.
If the reason to invest in Japan is because solid but cheap stocks are likely to get less cheap, they are probably best held over the medium term. In 2020, Warren Buffet bought into a large group of Japanese trading companies that were both high quality and cheap. He’s doubled his money since — and is clearly hoping to do so again.
Warren Buffett's Berkshire Hathaway experienced a significant increase in net earnings during the first quarter of 2023, surpassing five times its previous results.
Speaking at Berkshire's annual shareholder meeting, Buffett criticized how politicians, regulators and the press have handled the recent failures of Silicon Valley Bank, Signature Bank and First Republic Bank, saying their "very poor" messaging has unnecessarily frightened depositors.