Warren Buffett picked the industry he arguably knows best, insurance, for his first major deal in two years. Berkshire Hathaway BRK.B, -0.74% BRK.A, -1.05% struck an $11.6 billion, all-cash deal to bu...
Tag: Berkshire
Warren Buffett’s Berkshire Hathaway agrees to buy insurance company Alleghany for $11.6 billion
Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Warren Buffett is making moves. Berkshire Hathaway said Monday morning it agre...
Berkshire Hathaway Bought Back About $2 Billion of Stock This Year
Text size Warren Buffett. Johannes Eisele/AFP/Getty Images Berkshire Hathaway bought back about $2 billion of stock in the first quarter through early March, Barron’s estimates. Our estimate is based ...
Berkshire Hathaway’s Market Cap Climbs. It Could Soon Overtake Tesla.
Text size Berkshire Hathaway currently is the sixth most valuable stock in the S&P 500. Photograph by Luke Sharrett/Bloomberg Tesla is the fifth most valuable stock in the S&P 500. But Warren ...
Warren Buffett’s Berkshire Hathaway Has $5 Billion Stake in Occidental Petroleum
Text size Warren Buffett, CEO of Berkshire Hathaway. Johannes Eisele/AFP/Getty Images Berkshire Hathaway owns a 9.8% stake in Occidental Petroleum worth $5.1 billion after furious buying activity in s...
Berkshire Ramps Up Wager on Occidental as Crude Prices Surge
(Bloomberg) — Berkshire Hathaway Inc., the conglomerate run by billionaire Warren Buffett, boosted its investment in energy giant Occidental Petroleum Corp. as oil prices hit their highest level...
Warren Buffett: Berkshire Hathaway Paid 1% of All U.S. Corporate Tax Receipts
Berkshire Hathaway has the largest amount of domestic infrastructure assets of any American company and paid $3.3 billion in federal taxes in 2021—or nearly 1% of all corporate tax receipts—CEO Warren...
Berkshire Hathaway BRK earnings Q4 2021
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Berkshire Hathaway’s operating profits surged in the fourth quarter and for the full year as the conglomerate’s busin...
For Warren Buffett, Berkshire Hathaway, the big issues haven’t changed
In early 2022, there have been some notable signs that it is becoming more of a Berkshire Hathaway kind of stock market. All of the Covid outperformance from Ark Invest’s flagship Innovation ETF...
Munger Bashes BTC Despite Berkshire Investment
Charlie Munger – the vice president of Berkshire Hathaway, the real estate company headed by Warren Buffett – is a billionaire investor. He knows a lot about money and how to make it. At the same time...
Charlie Munger explains why Berkshire didn’t make any big acquisitions during the pandemic
Global mergers and acquisitions activity hit record highs during the pandemic as companies took significant steps to shape the trajectory of their futures in a post-COVID world. However, Berkshire Hat...
Berkshire Hathaway’s Charlie Munger Says Government Should Ban Bitcoin — Calls Crypto ‘Venereal Disease’ – Featured Bitcoin News
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, wishes crypto would be banned immediately. He says the government made “a huge mistake” to allow cryptocurrencies, lik...
Bitcoin skeptic v. Nubank stocks worth $1B – here’s where Berkshire Hathaway stands
The cryptocurrency market has evolved over the years. At the time of writing, it was valued at more than $2T. Bitcoin, the largest cryptocurrency witnessed a fresh price surge of over 2% as it traded ...
Berkshire Hathaway Invests $1B in Brazilian Digital Bank Nubank, Reduces Mastercard, Visa Positions
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
15 Buyback Monsters To Power You Through 2022
getty getty Just a few years ago, stock buybacks were a political punching bag. Ultra-low interest rates and borrowing costs, courtesy of the Federal Reserve, were contributing to the record-breaking ...
Warren Buffett Stocks: This Is What Berkshire Hathaway Bought And Sold In Q4
Warren Buffett’s Berkshire Hathaway (BRKB) bought beaten-down Activision Blizzard (ATVI) and Nu Holdings (NU) for the first time in the fourth quarter of 2021, while exiting Teva Pharmaceuticals...
Buffett’s Berkshire Takes Activision Blizzard Stake, Exits Teva
(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. took a stake in Activision Blizzard Inc., the game giant that has agreed to be acquired by Microsoft Corp., in an investment that would hav...
Bitcoin Unseats Berkshire Hathaway To Become The World’s 8th most Valued Asset
The pioneer cryptocurrency, Bitcoin, has been showing why it is a trusted investment vehicle in the crypto market. Bitcoin has flipped Berkshire Hathaway in market cap this year, like it did back in 2...
This way of picking value stocks has actually worked — and Berkshire Hathaway screens the best
Amazon.com’s earnings surprise is the story of the day, pushing even the jobs report into second billing. More on that in a second. But the broader story of the markets is unchanged. Interest rates ar...
Berkshire, SoftBank Early Paytm Bets Sour After Stock Rout
(Bloomberg) — The collapse in the shares of Paytm following India’s largest initial public offering is proving an expensive lesson for the firm’s early backers. Most Read from Bloomberg Paytm sh...
Opinion: Warren Buffett is teaching meme-stock players and crypto traders some hard lessons about why market fundamentals still apply
In early 2021, age-old investing principles of business valuation were declared passe by meme-stock buyers, SPAC enthusiasts, and crypto-traders. A new generation of market players declared that Warre...
Berkshire Hathaway’s annual meeting — Buffett’s ‘Woodstock for Capitalists’ — set to return in person after 2 years virtual
Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway said Tuesday its annual shareholders meeting will be held in...
Cash-Rich Berkshire Hathaway, Apple, and Alphabet Should Gain From Higher Rates
Text size Apple could be earning $4 billion more on its cash by 2023 Sean Gallup/Getty Images With its enormous cash reserves now earning next to nothing, Berkshire Hathaway could be one of the bigger...