Warren Buffett says these are the very best businesses to own — 3 high-quality examples from Berkshire’s portfolio Never forget the basics. While we’re constantly bombarded with investment mumbo jumbo, we should never forget that companies largely exist for one main reason: to take capital from investors and earn a return on it. That’s why it makes sense for investors to look for businesses, with durable competitive advantages, that are able to consistently deliver high returns on… Source link
Read More »Google is tracking us. Here is what it sees in the Berkshires. | Local News
People make their way in Great Barrington after the state lifted its mask mandate. Google is tracking people’s movements by using cellular location… Source link
Read More »Berkshire’s Munger says China right to clip Ma’s wings
(Reuters) -Berkshire Hathaway Inc Vice Chairman Charlie Munger praised China’s move to impose a sweeping restructuring on Jack Ma’s Ant Group, the fintech giant whose record $37 billion IPO was derailed by regulators in November. The 97-year-old told CNBC in an interview alongside Berkshire CEO and billionaire investor Warren Buffett that the United States should take a leaf out of China’s book and “step in preemptively to stop speculation”. “I don’t want the, all of the Chinese system, but… Source link
Read More »Buffett calls SPACs ‘a killer,’ says they hurt Berkshire’s ability to do deals
Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett has strong feelings on his competition from SPACs when it comes to Berkshire Hathaway’s dealmaking ability. “It’s a killer,” he said at the 2021 Berkshire Hathaway annual shareholders meeting. A SPAC, or special purpose acquisition company (also called a blank check company), goes public without a business plan. The SPAC manager will conduct due diligence on any number of privately-held enterprises to find a candidate. But if one cannot be… Source link
Read More »Bitcoin’s Success Is ‘Disgusting’: Berkshire’s Charlie Munger
Bloomberg Buffett’s Berkshire Gets More Cautious on Stocks and Buybacks (Bloomberg) — Warren Buffett’s capital-deployment machine pulled back on several fronts at the start of the year as the billionaire took a more cautious stance on stocks.Berkshire Hathaway Inc.’s net stock sales in the first quarter were the second-highest in almost five years and the conglomerate, where the billionaire is chief executive officer, slowed its buyback pace, according to a regulatory filing Saturday…. Source link
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