Warren Buffett

Bloomberg reported that the purchase provided a boost to its Chevron Corp stake that vaulted the investment into Berkshire's top four common stock holdings. His ...

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Warren Buffett's Berkshire Hathaway has beaten the broader market so far this year. But the Oracle of Omaha wasn't willing to declare himself an investing ...

Berkshire made investments in Goldman Sachs ( GS) These moves come just a few weeks after Buffett wrote in his annual shareholder letter that he was having difficulty finding stocks to buy at attractive prices. Activision's stock price is below the proposed takeover price. Buffett brushed off compliments from one questioner about how he times the stock market so well. It's because we're sane," Buffett said during the meeting of Berkshire ( BRKA) Buffett simply said that the Berkshire Hathaway ( BRKB)

The CEO's ability to move quickly has been key to building his Berkshire Hathaway empire, but he probably won't be able to pass that luxury on to his ...

Berkshire Hathaway CEO Warren Buffett. Billionaire Warren Buffett once again spoke of cryptocurrencies not being a productive asset and claimed he wouldn't buy ...

Now if you told me you own all of the bitcoin in the world and you offered it to me for $25, I wouldn’t take it because what would I do with it? The apartments are going to produce rent and the farms are going to produce food,” he added. Billionaire Warren Buffett once again spoke of cryptocurrencies not being a productive asset and claimed he wouldn't buy the whole of bitcoin even for 25 US dollars.

Prominent investors Warren Buffett and partner Charlie Munger thrash Bitcoin at a recent Berkshire Hathaway shareholder's meet.

It’s evil because it undermines the Federal Reserve System…and third, it makes us look foolish compared to the Communist leader in China. He was smart enough to ban Bitcoin in China.” He said, “In the first place, it’s stupid because it’s still likely to go to zero. But holding Bitcoin would not generate any such value.

Greg Abel was making his first appearance on the annual meeting stage as the executive who will take over when CEO Buffet retires or dies.

In a unique partnership, Buffett said businesses are working closely with government officials, sharing information to protect the U.S. from cyberattacks. But the cooperation between government and business against cyberwarfare has been magnificent, he said. "They won't need to, but they will feel that they haven't had the experience (with Abel) on a whole bunch of things." Buffett said Berkshire Hathaway, by contrast, buys companies it thinks will add to the business's value over time. A couple of days later, Buffett confirmed Abel would become CEO of the company if anything happened to him. "They go about making the farm worth more money." "We’ve got people who know nothing about stock being advised by stockbrokers who know even less," he said. Berkshire Hathaway prides itself on buying and investing in well-managed companies that provide strong, long-term returns, he said. Other stocks, he said, are experiencing increasing churn. "We have computers with algorithms trading against other computers," he said. “Berkshire is built to forever. "All we have to do is fulfill that trust," he said, adding that Berkshire's executives have the resources and freedom to do that.

The Berkshire Hathaway CEO nails a symptom but not the underlying malady.

You may cancel your subscription at anytime by calling Customer Service. Warren Buffett is apparently shocked, shocked to find gambling going on in financial markets. “It’s not pretty.” At 98 years old, Mr. Munger has seen just about everything in markets—good, bad and ugly.

In the annual meeting of Berkshire Hathaway, Warren Buffett and Charlie Munger spoke on a number of issues ranging from inflation and passive investing to ...

“It’s got a magic to it and people have attached magics to lots of things." But the one thing I’m pretty sure of is that it doesn’t produce anything," Buffett said. 6. Speculation around heir: This is the second year that Buffett and Munger were not alone on the stage. “We haven’t the faintest idea what the stock market was going to do when it opens on Monday," Buffett said in response to an audience question. I just had the whole approach wrong," Buffett said. “I look at Berkshire as a painting," Buffett said.