The Oracle of Omaha has become a streaming star. Warren Buffett, whose Berkshire Hathaway conglomerate’s moves are closely followed by the investment community, presides over the company’s annual meeting each spring. While every company has a shareholder event, Berkshire’s is something different. With 40,000 fervent attendees, it is equal parts financial forum, convention, rally and county fair. Held in non-pandemic times in the company’s Nebraska home base Omaha, it yields… Source link
Read More »What Warren Buffett said about the ‘Buffett Indicator’: Morning Brief
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
Read More »Sanders, Warren legislation would hike taxes to curb ‘absurd’ CEO pay
TipRanks 3 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ Do you like roller coasters? According to Deutsche Bank, we’re looking at some roller coaster volatility for the next few months, with near-term gains likely, followed by a Q2 retreat, and second-half gains. The firm expects share values to fall in the next three months, perhaps by as much as 5% to 10%, for several reasons laid out by the firm’s strategist Binky Chadha. “The more front-loaded the impact of the… Source link
Read More »Warren Buffett says do this with your $1,400 stimulus check
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
Read More »Bitcoin hit an all-time high — Here’s why Warren Buffett still won’t touch it
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
Read More »Warren Buffett ‘sees the value’ in 5G
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
Read More »Warren Buffett Becomes Sixth Member of $100 Billion Club
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
Read More »The truth about Warren Buffett’s investment track record : Morning Brief
Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, March 1, 2021 Warren Buffett has had years of underperformance and a lot of bad stock picks Warren Buffett, the billionaire head of Berkshire Hathaway (BRK-A, BRK-B), will probably go down as the greatest investor in history. For more than half a century, he’s been responsible for the performance of Berkshire and its legendary stock portfolio, which have long track records of… Source link
Read More »Here are Warren Buffett’s 15 largest stock holdings
Warren Buffett’s famed stock portfolio has grown to a market value of $281.17 billion at the end of 2020, with a cumulative actual price for the entire portfolio of $108.62 billion. Last year, Berkshire earned $4.9 billion in realized capital gains and $26.7 billion in net unrealized gains from its stock holdings. In Buffett’s annual letter to Berkshire Hathaway (BRK-A, BRK-B) shareholders, the renowned stock picker shared the 15 common stocks that had the largest market value at the end… Source link
Read More »No such thing as ‘too much:’ Warren Buffett quotes Mae West in defense of stock buybacks
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
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