Apple's stock was at $179.04, just short of its $179.26 record closing price on Jan. 18 and shaking off a slide of more than 10 percent earlier this month following a lackluster quarterly report.
In his annual letter to Berkshire shareholders, Buffett said finding things to buy at a "sensible purchase price" has become a challenge and is a major reason Berkshire is awash with $116 billion of low-yielding cash and government bonds.
Berkshire Hathaway's annual shareholder meeting is akin to a pilgrimage to financial advisors and investors. It is also equally interesting for children for the lineup of cartoon characters and food to keep them entertained as their parents look forward to Warren Buffett's financial advice.
In his letter to shareholders, Buffett said that our search for new stand-alone businesses continues. The key qualities we seek are durable competitive strengths, able and high-grade management, good returns on the net tangible assets required to operate the business, opportunities for internal growth at attractive returns; and, finally, it should be available at a sensible purchase price.
As emphasised by a pioneer of value investing, Warren Buffett underlined the basic fundamental of staying invested for a longer duration and keeping heads away from the short-term market fluctuation.
If those ominous words aren't enough to stress investors out, earlier this week, the popular cryptocurrency ripple plunged almost 13 percent and bitcoin shed nearly 8 percent of its value.
Billionaire Warren Buffett told CNBC on Wednesday the appointment of two new vice chairs at Berkshire Hathaway is "part of a movement to succession over time."
And yet, in a piece penned for Time magazine, published Thursday, Buffett says there is a problem with that economic system, which made him a king: Many individuals suffer even as those at the top prosper wildly.
Crossing the $300,000 threshold put Berkshire’s Class A shares up 22.9 percent for the year, compared with a 20 percent gain in the Standard & Poor’s 500.
Berkshire also cut its stake in IBM by 32 percent, or 17.06 million shares, in the third quarter, according to a required quarterly filing with the U.S. Securities and Exchange Commission released Tuesday. The stock is the third-worst performer in the Dow Jones industrial average this year, down 10.3 percent.
This is about Rs 17000 crore more than what India has just announced to recapitalise the country's public sector banks
A look at top cues from domestic and international cues that could have a bearing on D-Street.
Buffett had once said that next CEO should run the company for at least ten years, implying the person should be younger
Over the last five years, Indian companies seem to have taken a leaf out of Buffett playbook while rewarding shareholders.
Buffett's Berkshire Hathaway conglomerate owns Geico and several other insurers, so his company will be helping people rebuild.
The 3 percent threshold is what President Donald Trump and his administration want to achieve for gross domestic product growth.
He has constantly been ranked as one of the richest persons in the world and currently is at the top of the list. Buffet was awarded the US Presidential Medal of Freedom in 2011
Much like the famed Buffett, Jhunjhunwala has made a fortune from some savvy investments - Forbes magazine puts his net worth at USD 2.6 billion, ranking him 53rd on India’s rich list.
As the Oracle of Omaha describes it: I would say that history is on our side, but it’d be more fun if the phone would ring
The market Cap-to-GDP ratio also known as Warren Buffett indicators is trading at its long term averages which is a positive sign while the S&P BSE Sensex return on equity (ROE) of 14.3 percent is well below long term averages.
We applied Buffett’s investing framework to see if the Cochin Shipyard’s IPO is worth applying for.
The deal is a bold bet by Buffett that he can win approval for the acquisition from Texas regulators, after they blocked two earlier attempts to sell Oncor, one of the largest U.S. power-transmission networks, to other companies.
Bank of America on Wednesday boosted its annual dividend 60 percent to 48 cents per share from 30 cents, beginning in the third quarter.
Berkshire Hathaway Inc's commitment to provide financing to Home Capital Group Inc , Canada's largest nonbank lender, marks the billionaire's latest effort to shore up a company in desperate need of cash, or at least his full-throated support.
To beat volatility, the best strategy for investors is to stay with high-quality stocks in the portfolio.