Tag Archives: Buffetts

Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) has continued trimming its large stake in Chinese automaker BYD (1211.HK), according to a filing listed today with the Hong Kong Stock Exchange. As reported by Reuters, the filing states that Berkshire Hathaway unloaded 3.297 million Hong Kong-listed shares of BYD, netting $71.35 million in proceeds. Following the sale, Berkshire’s stake in BYD dropped to 17.92% from 18.22%, still keeping Berkshire a large shareholder. However, today’s… Source link

(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. won approval from US regulators to buy as much as 50% of Occidental Petroleum Corp. after spending months snapping up its shares. Occidental’s stock had its biggest gain in five months. Most Read from Bloomberg The Federal Energy Regulatory Commission said in a filing published Friday that Berkshire’s proposed stock purchases are “consistent with the public interest.” Berkshire applied for the authorization on July 11, FERC… Source link

Warren Buffett knows philanthropy. He’s pledged to give away more than 99% of his wealth (during his lifetime or after his death) through the Giving Pledge, a program he created with his buddy Bill Gates to encourage the world’s billionaires to donate at least 50% of their wealth to charity. Buffett also supports a couple of charities with which he has deeply personal connections, and often does so by unconventional means. In particular: auctions. (For Buffett, seeing how these pan out… Source link

Warren Buffett’s portfolio is full of buyback opportunities which he calls ‘the best use of cash’. Here are 3 companies with the biggest hidden dividend potential The fact that the world’s most famous investor, Warren Buffett, appreciates shareholder rewards shouldn’t be surprising. After all, a sizable and predictable return is the whole point of investing. Buffett takes this philosophy seriously and seeks out companies with the most generous shareholder rewards program. All five of his… Source link

OMAHA, Neb. — A remake of “Empire State of Mind” with lyrics about Berkshire Hathaway, greeted shareholders this morning. (I’m not sure if it was actually sung by Jay Z and Alicia Keys, but it sure sounded like it. We’ll try to get the lyrics for you at some point.) The song is a throwback — fitting for a Berkshire Hathaway annual meeting, which is the very definition of old-school. Picking up from what I wrote in today’s Morning Brief, the 2022 Berkshire Hathaway (BRK-A, BRK-B)… Source link

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 Wednesday, April 27, 2022 “I recommend the S&P 500 index fund and have for a long, long time to people,” billionaire investor Warren Buffett said at Berkshire Hathaway’s annual shareholders meeting last May. That’s been pretty good advice, and I wouldn’t be surprised if he repeated it again at the upcoming shareholder meeting on Saturday. In… Source link

Stocks have endured a terrible start to the year as investors fret about soaring inflation and the Russia-Ukraine war — but the pullback still doesn’t look like a great buying opportunity per a tried and true measure used by legendary investor Warren Buffett. The “Buffett Indicator” as it’s called by legions of devotees — which takes the Wilshire 5000 Index (viewed as the total stock market) and divides it by the annual U.S. GDP — is still hovering around a record high even as… Source link

By Jonathan Stempel (Reuters) -Warren Buffett’s Berkshire Hathaway Inc on Saturday said many of its businesses are enjoying strong recoveries from the early depths of the coronavirus pandemic, fueling rebounds in profits and revenue. The company Buffett has run since 1965 also signaled the billionaire’s confidence in its future by repurchasing $6 billion of its own shares in the second quarter, even as its stock price regularly set new highs. Omaha, Nebraska-based Berkshire’s manufacturing,… Source link

The stock market is entering the danger zone, according to one often overlooked measure of equities valuation.  At its current level of 38 times, the Shiller P/E Ratio is nearing the peak (44 times) seen at the height just before the dot-com bust in 2000, write strategists at SunDial Capital Research. Created by noted Yale professor Robert Shiller, the ratio is seen as better than the traditional P/E ratio as it adjusts for inflation. Historically, a Shiller PE ratio sustained over 25 times… Source link

(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. That helped push Berkshire’s cash pile up 5.2% from three months… Source link