Charlie Munger is often hailed as the indispensable confidant to Warren Buffett, the legendary investor and chairman of Berkshire Hathaway Inc. Renowned for his wit and wisdom, Munger has become an iconic figure in the world of investing. While some may simplify his role as Buffett’s sidekick, Munger’s influence and contributions to Berkshire’s success are …
Warren Buffett.Getty Images / Bill Pugliano Warren Buffett’s company sold a bunch of stocks and made at least one confidential bet last quarter. Berkshire Hathaway exited long-held stakes in GM, J&J, P&G, UPS and Mondelez. Berkshire didn’t disclose one or more of its purchases as it was still building its positions. Warren Buffett’s Berkshire Hathaway …
By Jonathan Stempel (Reuters) – Berkshire Hathaway announced on Tuesday that it has divested its holdings in General Motors and Procter & Gamble, and reduced its stake in Amazon.com, as the conglomerate controlled by billionaire Warren Buffett increased its cash reserves to a record $157.2 billion. In a regulatory filing detailing its U.S.-listed stock holdings …
Warren Buffett.Mario Anzuoni/Reuters Warren Buffett’s disciples got a rare peek inside his personal stock portfolio this week. The investor sold nearly $500 million of stocks over 20 years, ProPublica reported, citing IRS data. Buffett’s private holdings have reportedly included Wells Fargo, Walmart, and Johnson & Johnson. Warren Buffett’s followers got a rare glimpse inside his …
Warren Buffett sold stocks that Berkshire was also trading, a ProPublica report said Thursday. REUTERS/Rebecca Cook ProPublica reported Thursday that Warren Buffett may have violated Berkshire Hathaway’s ethics policies. Leaked IRS data seen by ProPublica showed that Buffett sold shares in stocks that Berkshire was trading. Buffett has previously said that trading the same stocks …
Charlie Munger, Warren Buffett’s right-hand man and vice-chairman of Berkshire Hathaway, recently gave his first long-form podcast interview where he discussed a range of topics. From criticizing day traders and venture capitalists to emphasizing that great investing opportunities are rare, Munger provided valuable insights into the world of finance. Here are 22 of his best …
(Bloomberg) — Berkshire Hathaway Inc.’s cash pile has reached a new record of $157.2 billion, benefiting from higher interest rates and a lack of attractive investment opportunities for Warren Buffett. The conglomerate reported operating earnings of $10.76 billion, thanks to the impact of elevated interest rates and gains in its insurance businesses. Despite efforts to …
Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., speaks during the event Chase for Business The Experience – Miami hosted by JP Morgan Chase Bank for small business owners at The Wharf in Miami, Florida, U.S., February 8, 2023. Marco Bello | Reuters JPMorgan Chase CEO Jamie Dimon …
An AMC Theatre in New York City, March 29, 2023. Leonardo Munoz | Corbis News | Getty Images Check out the companies making headlines before the bell. Yum China — Shares rose more than 3% during premarket hours as the Chinese restaurant conglomerate announced new financial targets and unveiled plans to expand to 20,000 restaurants …
Warren Buffett, the esteemed Chairman and CEO of Berkshire Hathaway, has been a driving force in the company since taking control in 1965. Now, at the age of 93, he stands as the “Oracle of Omaha” and continues to lead a conglomerate that is stronger than ever. Berkshire Hathaway shares have surged to an all-time …