Tag Archives: Buffett

TipRanks Ride the Crypto Boom with These 3 Stocks Some 15% of the American public owns some form of cryptocurrency – and a large part of that group jumped on the bandwagon in the last two years. The digital currencies – Bitcoin is the most famous, but there are scores of others – offer users a distinct set of advantages, based on their blockchain technology. First, the crypto coins are secure – as a digital technology, blockchain is notoriously difficult to break. Second, the coins… Source link

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

If you’ve never been to the Berkshire Hathaway (BRK-A, BRK-B) annual meeting, make it a priority—and include a virtual visit this year. Experienced attendees, join in too. An annual tradition for a half-century, Berkshire chairman Warren Buffett hosts the meeting to cultivate quality shareholders by explaining—and celebrating—the company’s culture. Typical Berkshire shareholders have read Buffett’s annual letter to shareholders before the ensuing meeting, where it becomes the… Source link

TipRanks 3 Monster Growth Stocks With More Room to Run For investors looking for a hint as to policy-makers’ view of the economy, the Federal Reserve has come through. The central bank released the minutes of its most recent policy meeting – at which it decided not to raise interest rates or scale back on its easy-money polices – and the inside look at the Fed committee’s deliberations shows that the decision was broad-based. The Fed is in no hurry to move to a tighter money policy,… Source link

Warren Buffett says do this with your $1,400 stimulus check No surprise here: Warren Buffett isn’t getting a $1,400 stimulus check, and not necessarily because the investing legend’s net worth recently touched $100 billion. Eligibility for one of the new direct payments is based on how much money you make, and Buffett’s income puts him way beyond the limit. Filings with federal regulators show he draws a $100,000 salary from his company, Berkshire Hathaway, plus he earns billions more from… Source link

Bitcoin hit an all-time high — Here’s why Warren Buffett still won’t touch it The past year has been groundbreaking for Bitcoin. And just recently the cryptocurrency hit an all-time high: Over $61,000 for one unit — late-to-the-party investors bemoaned having missed out. So what does the world’s most famous investor think of Bitcoin? It’s “probably rat poison squared,” Warren Buffett once said. If you listen to the billionaire, cryptocurrency may not be the big financial opportunity… Source link

Warren Buffett is clearly bullish on the long-term impact of 5G in America. And the CEO of one of his investments in the space says that makes a ton of sense.  “He [Buffett] sees the value of this sector,” T-Mobile CEO Mike Sievert told Yahoo Finance Live. “And again, that’s something we’ve all seen in these [investor] presentations this week — AT&T, Verizon and T-Mobile all came out with business plans that are very compelling, valuable and cash flow generating and this sector is… Source link

TipRanks Raymond James: These 3 Stocks Are Poised to Surge by at Least 50% In a recent note on the state of the stock markets, Raymond James equity strategist Tavis McCourt points out a series of policy factors that are playing a role in the current market volatility; the situation is more complex, perhaps, than most of us have been willing to admit. McCourt notes permutations of the SLR rule, political dynamics on the Senate Banking Committee, and the regulatory atmosphere towards potential… Source link

There are many critics of corporate stock buybacks, but Warren Buffett is certainly not one of them. In his latest annual letter to shareholders, the Oracle of Omaha revealed that his holding company, Berkshire Hathaway (BRK-A, BRK-B), had spent nearly $25 billion repurchasing class A shares. Buffett said the action “demonstrated our enthusiasm for Berkshire’s spread” of vast holdings, which include major companies like Apple (AAPL), Bank of America (BAC), Coca-Cola (KO) and Merck ( Source link

August 30th 2020 – Warren Buffett celebrates his 90th birthday. He was born in Omaha, Nebraska on August 30th 1930. – File Photo by: zz/NPX/STAR MAX/IPx 2008 10/22/08 Warren Buffett at “The Women’s Conference” held on October 22, 2008 in Long Beach, CA. Warren Buffett is still at it. Having received his COVID-19 vaccine recently, (two Pfizer shots according to Bloomberg), Buffett, 90, isn’t slowing down much (at least mentally) and seems poised to lead his company into the post-pandemic… Source link