Tag Archives: Buffett

Warren Buffett is one of the most famous figures in the financial world. His knack for picking stocks has made him a billionaire several times over, and it has created astonishing wealth for other investors. Shares of Berkshire Hathaway have doubled the annual return of the S&P 500 since Buffett took control in 1965. Not surprisingly, investors often seek stock market advice from Buffett, but readers may be surprised to learn Buffett has consistently offered the same advice, as he reminded… Source link

[unable to retrieve full-text content]Warren Buffett: ‘There will be no finish line’ at Berkshire Hathaway  Yahoo Finance Source link

“You never know who you’ll run into in Nashville.” Jimmy Buffett bumped into Nashville royalty during a recent trip to the famous country music city. While he was in town, the 76-year-old entertainer met up with fellow music icons, Dolly Parton, Sheryl Crow and Emmylou Harris—and he’s got photo proof. In what was almost too much talent for one picture to capture, the four legendary musicians posed arm-in-arm for a smiling snap that Buffett later uploaded to Facebook. “you never know who… Source link

What does Warren Buffett like in a stock? You could put a solid business moat high on the list. High returns on invested capital (ROIC) would be up there, too, as would an outstanding management team. And we can’t leave out an attractive valuation. Google parent Alphabet (GOOG 0.69%) (GOOGL 0.63%) checks off all of those boxes and dominates its core search market. It’s a strong challenger in others, as well, notably including cloud hosting. Alphabet’s ROIC consistently trounces the levels… Source link

‘They will come to a bad ending’: A year since its $69K peak, Bitcoin has plummeted more than 70% — here’s why Warren Buffett has hated cryptocurrency all along It’s been a tough year for Bitcoin and its backers. And even back in 2018, the Oracle of Omaha predicted that it and other cryptocurrencies were headed for trouble. “They will come to a very bad ending,” Warren Buffett told CNBC at the time. After hitting an all-time peak of around $69,000 per unit on November 10, 2021, the world’s… Source link

Warren Buffett recommends low-cost index funds for most people — but BofA says the S&P 500 is the ‘worst thing to hold’ right now. Buy these 4 top sectors to avoid confusion Warren Buffett likes index funds — particularly those that follow the S&P 500. “In my view, for most people, the best thing is to do is owning the S&P 500 index fund,” he once said. Don’t miss But that strategy may not be optimal in the current market environment according to Bank of America’s head of U.S…. Source link

(Bloomberg) — Traders offloaded more shares of BYD Co. on Monday after a second filing showed Warren Buffett’s Berkshire Hathaway Inc. had further trimmed its stake in the company. Most Read from Bloomberg The Chinese automaker’s stock dropped as much as 6.8% to the lowest level since May 10 in Hong Kong. The selloff extended the shares’ losses to almost 30% since a BYD stake that matched Berkshire’s stake appeared in Hong Kong’s clearing and settlement system in July. Berkshire’s… Source link

What will happen with Warren Buffett’s billions when he dies? Some of it might go to every kid on the planet. So reports the Wall Street Journal in a recent investigation of the future of Buffett’s fortune, which is worth $96.8 billion at the time of this article’s publication. In 2006, the Berkshire Hathaway CEO pledged to give away 85% of his stock in the company to charity, designating the majority of it to the Bill & Melinda Gates Foundation. Four years later, he vowed to… Source link

Here’s why Warren Buffett bought all the Occidental Petroleum shares he could, even with oil prices well above $100 Warren Buffett kept a lot of cash on hand in recent years. At the end of 2021, the cash pile at his holding company Berkshire Hathaway had grown to a near-record $146.7 billion. That shouldn’t come as a surprise. Buffett is a value investor, after all, and valuations were bloated in the U.S. stock market after significant rallies in 2020 and 2021. “We find little that… Source link

Warren Buffett broke up with most of his beloved banks — so why is he swooning over this one? The Oracle of Omaha has had a busy quarter. According to his latest 13F filing, Warren Buffett has deployed roughly one-third of his cash into new investments during the first three months of the year. As always, Buffett’s biggest swings are noteworthy. However, his decision to sell most bank stocks while adding Citigroup (C) to Berkshire Hathaway’s (BRK) portfolio is puzzling Wall… Source link