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
Read More »Warren Buffett is using these 3 top stocks to generate a fat inflation-fighting income stream of $1.9 billion — follow along now for some healthy cash return
Warren Buffett is using these 3 top stocks to generate a fat inflation-fighting income stream of $1.9 billion — follow along now for some healthy cash return Investors may feel a bit battled in this environment. Some experts say that the market will bottom soon, while others argue that there’s plenty more downside ahead. Put simply, while everyone wants to buy low and sell high, the concern is that you might buy low and sell lower. Story continues If you don’t feel confident in the… Source link
Read More »Here’s why Warren Buffett bought all the Occidental Petroleum shares he could, even with oil prices shooting past $100
Here’s why Warren Buffett bought all the Occidental Petroleum shares he could, even with oil prices shooting past $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
Read More »Should I buy this big dip? Warren Buffett has spent a third of his cash hoard — so it might be a sharp idea to start nibbling
Should I buy this big dip? Warren Buffett has spent a third of his cash hoard — so it might be a sharp idea to start nibbling Warren Buffett is back in his element. After sitting on a growing cash pile for years, Buffett is finally opening up his wallet. The Oracle of Omaha deployed $51 billion in the first three months of this year. That’s roughly one-third of the cash pile his company, Berkshire Hathaway, had at the end of 2021. Here are all the stocks he added to the portfolio in the… Source link
Read More »Warren Buffett bought nearly $5 billion worth of HP shares — here’s why you might want to ride his coattails
Warren Buffett bought nearly $5 billion worth of HP shares — here’s why you might want to ride his coattails Warren Buffett isn’t known for being a technology investor. In his 2014 letter to shareholders, Buffett wrote that he prefers “simple businesses” and added that “if there’s lots of technology, we won’t understand it.” But in recent years, the Oracle of Omaha has warmed up a bit to the tech space. His holding company Berkshire Hathaway started buying Apple in 2016. Now… Source link
Read More »Warren Buffett says these are the very best businesses to own — 3 high-quality examples from Berkshire’s portfolio
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 »Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices still surging, it’s time to follow his lead
Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices still surging, it’s time to follow his lead Price levels continue to rise at a rate we haven’t seen in decades. In April, U.S. consumer prices surged 8.3% — down slightly from 8.5% in March, but still near 40-year highs. Spiking inflation has severe consequences for your cash savings. Fortunately, investing legend Warren Buffett has plenty of advice on what to own when consumer prices… Source link
Read More »Warren Buffett just said he doesn’t own bitcoin because ‘it isn’t going to do anything’ — he’d rather own these 2 tangible assets instead
Warren Buffett just said he doesn’t own bitcoin because ‘it isn’t going to do anything’ — he’d rather own these 2 tangible assets instead Despite its recent pullback, bitcoin has soared by more than 2,000% over the past five years. But while the world’s largest crypto coin has clearly hit the mainstream, one prominent investor remains critical of the opportunity: Warren Buffett. At the Berkshire Hathaway annual shareholders meeting on Saturday, Buffett said that while he… Source link
Read More »Why Warren Buffett has ‘never made a decision based on an economic prediction’
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Today’s newsletter is by Sam Ro, the author of TKer.co. Follow him on Twitter at @SamRo. You’d think that a big-time investor with exposure to lots of industries would pay close attention to what economists say. Not billionaire investing legend Warren Buffett. At least that’s what he tells people. “We think any company that has an economist… Source link
Read More »GameStop’s Ryan Cohen isn’t the second coming of Warren Buffett: top analyst
GameStop Chairman Ryan Cohen has a long way to go before being mentioned in the same breath as investing legend Warren Buffett. At least that’s the hot take from top Wall Street analyst Anthony Chukumba of Loop Capital Markets, who famously dropped coverage of GameStop in early 2021 amid the meme stock frenzy. “I am not taking anything away from Ryan Cohen. He has at least three zeros in his net worth more than I do. He founded this company Chewy and sold it for a gazillion dollars. But let’s… Source link
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