May 30, 2021 07:32 AM IST
In 2006, Warren Buffett gifted 10 million of his Berkshire Hathaway shares to the Bill & Melinda Gates Foundation. In 2019, the Azim Premji donated $21 billion to the Azim Premji Foundation; part of it in Wipro shares. Both endowments have grown substantially, thanks to rising stock prices.
- 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 07, 2021 11:11 AM IST
Thinking is crucial, but even equally critical is how to think. Charlie Munger's technique is worth a look
- 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 10:16 AM IST
Berkshire Hathaway Vice-Chairman Charlie Munger, Warren Buffett's business partner, was against selling Apple 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 06:17 PM IST
Berkshire Hathaway's Operating profit increased to $7.02 billion, from $5.87 billion a year earlier.
- 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 14, 2021 07:27 AM IST
India has only 4 percent of its population in markets compared to close to 60 percent in the USA. This is in spite of the meteoric rise of tech-driven brokers who disrupted traditional broking business models with their easy onboarding and low cost.
- 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 04, 2021 10:43 AM IST
Increased financialisation of savings and digitisation are going to shape the future of financial services and CAMS fits into both these themes well
- Mar 03, 2021 07:51 AM IST
Benjamin Graham suggested that if a company is strong fundamentally then one should invest in its highest-yielding, typically, junior-most security, says Gupta.
- 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.
- Dec 11, 2020 01:41 PM IST
There is little justification, fundamentally or technically for the sharp rise in the market. Bu two indicators, based on their history, suggest some room left before a top is made.
- 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
- Sep 23, 2020 08:21 AM IST
We think that the Snowflake allocation is from either of his portfolio managers, Todd Combs and Ted Weschler, who each manages about $14 billion in assets. We think it is more likely Todd Combs.
- 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
- Sep 05, 2020 10:18 AM IST
At this juncture, when the market looks highly unpredictable and the road ahead looks hazy, we can turn to the all-time greats to get cues on how to endure this volatility