Here’s why Warren Buffett bought all the Occidental Petroleum shares he could, even with oil prices shooting past $100 Warren Buffett kept a lot of cash on hand in recent years. At the end of 2021, th...
Tag: Buffett
Should I buy this big dip? Warren Buffett has spent a third of his cash hoard — so it might be a sharp idea to start nibbling
Should I buy this big dip? Warren Buffett has spent a third of his cash hoard — so it might be a sharp idea to start nibbling Warren Buffett is back in his element. After sitting on a growing cash pil...
Warren Buffett bought nearly $5 billion worth of HP shares — here’s why you might want to ride his coattails
Warren Buffett bought nearly $5 billion worth of HP shares — here’s why you might want to ride his coattails Warren Buffett isn’t known for being a technology investor. In his 2014 letter to sh...
Warren Buffett says these are the very best businesses to own — 3 high-quality examples from Berkshire’s portfolio
Warren Buffett says these are the very best businesses to own — 3 high-quality examples from Berkshire’s portfolio Never forget the basics. While we’re constantly bombarded with investment mumbo...
Bill Miller Explains Why Bitcoiners Should Ignore Warren Buffett
Alex Dovbnya Bill Miller says that the main point of investing is to make money, rejecting the need to limit one’s portfolio to productive assets During a recent podcast appearance, American inv...
Why on earth did Warren Buffett swap Wells Fargo for Citigroup?
Warren Buffett’s personal affinity for the companies in his portfolio is often mixed with the harder-headed business decisions made by him or his managers. The Berkshire Hathaway chair appears to genu...
Dow Jones Falls As Cisco Dives; Google Slips Amid Threat; Warren Buffett Stock Makes Move
The Dow Jones Industrial Average fell as Cisco (CSCO) plunged on earnings. Alphabet (GOOGL) skidded amid a bipartisan bill to break up the ad business of Google. Warren Buffett stock BYD (BYDDF) retoo...
Warren Buffett is holding these stocks for the massive free cash flow — with inflation near 40-year highs, you should too
Warren Buffett is holding these stocks for the massive free cash flow — with inflation near 40-year highs, you should too Wall Street pays a ton of attention to company earnings. But reported earnings...
S&P 500; Warren Buffett Isn’t Perfect And Is Losing Big On 6 Stocks, Too
Warren Buffett is having a good year with S&P 500 stocks — mostly — it’s his kind of market after all. But he’s suffering from his fair share of blowups, too. X Six of the top holdings...
Why Warren Buffett Bought Paramount, Not Netflix, Stock
Text size Paramount+ has about 62 million subscribers. Valerie Macon/AFP via Getty Images Older viewers love CBS, but I’m guessing that Warren Buffett didn’t just drop $2.6 billion on shares of networ...
Dow Jones Gains As Powell Issues Pledge; Elon Musk Digs In On Twitter; Warren Buffett Stock Soars
The Dow Jones Industrial Average jumped as Federal Reserve Chairman Jerome Powell issued an inflation pledge. Twitter (TWTR) rebounded as the takeover bid by Tesla (TSLA) CEO Elon Musk took another tw...
Warren Buffett Dumps Wells Fargo, Picks Up Citigroup
Summary The guru entered eight new positions during the quarter, including two that were previously disclosed. He sold out of AbbVie ABBV , Bristol-Myers Squibb and Wells Fargo WFC . Warren Buffett (T...
Citigroup shares jump 7% after Warren Buffett reveals a near $3 billion stake in the struggling bank
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP The 91-year-old “Oracle of Omaha” scooped up Citi shares while they have been underperforming the rest of the financi...
Warren Buffett buys $3bn Citigroup stake in value-hunting stock splurge
Warren Buffett’s Berkshire Hathaway has made a big bet on Citigroup, as the legendary investor funnels some of the conglomerate’s mammoth cash hoard into stocks during this year’s market decline. Berk...
Buffett Exits Wells Fargo Stake, Ending Decades-Long Bet on Bank
(Bloomberg) — Warren Buffett demonstrated he’s still bullish on U.S. retail banking — but not on Wells Fargo & Co. Most Read from Bloomberg The billionaire investor ended his long-runn...
Warren Buffett Buys Stocks On the Dip
Billionaire Warren Buffet has been acquiring stocks on the dip during the recent market downturn and bulking up his stakes in oil companies such as Occidental ( (OXY) – Get Occidental Petroleum ...
Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices still surging, it’s time to follow his lead
Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices still surging, it’s time to follow his lead Price levels continue to rise at a rate we haven’t s...
Warren Buffett Spends Big as Stock Market Sells Off
The stock market’s selloff has been bad news for most investors. The Omaha-based company bought 901,768 shares of Occidental Petroleum Corp. OXY 8.21% last week, according to a regulatory filing. The ...
Will Warren Buffett Ever Like BTC? Probably Not.
It’s always disappointing when someone decides bitcoin isn’t any good. No matter how much the world’s number one digital currency has accomplished in the last few years, it seems there will always be ...
Warren Buffett Beats the Market Rout Again
Billionaire Warren Buffet is one of two people in the top ten richest people in the world who has seen his net worth rise since January, according to the Bloomberg Billionaires Index. The CEO of Berks...
Dow Jones Jumps; Twitter Plunges On Elon Musk Move; Warren Buffett Stock Offers Buy Point| Investor’s Business Daily
The Dow Jones Industrial Average jumped but the Nasdaq shined brightest as stocks fought back. Twitter (TWTR) plunged on a move by Tesla (TSLA) CEO Elon Musk. Warren Buffett stock Occidental Petroleum...
Buy Like Buffett or Pass on Apple After 10% Two-Day Skid?
During market corrections, they say the general fall last. At its peak, Apple (AAPL) – Get Apple Inc. Report sported a $3 trillion market cap, firmly entrenching itself as a market general. Eve...
Warren Buffett Doesn’t Buy Real Estate
Warren Buffett’s long-term outlook on investments has proven successful over the years, with Berkshire Hathaway (NYSE: BRK-A) outperforming the S&P 500 in total returns by about 84% over the past ...
Oil Stocks: Buffett Favorite Occidental Petroleum Among Key Earnings As Crude Prices Retreat
Canada-based oil-sands producer Suncor (SU) was set to report first-quarter results late Monday, following a spike in oil prices after Russia invaded Ukraine. Suncor stock and other oil stocks, howeve...
Week’s Best: Warren Buffett Snipes at Wall Street
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway. Andrew Harrer/Bloomberg Berkshire Hathaway CEO Warren Buffett had some choice words for financial advisors and asset manager...
Warren Buffett Takes Another Bite Out Of Apple
Summary The guru shared in an interview that he purchased $600 million worth of the stock. Apple AAPL has come under pressure this year due to supply chain issues and rising interest rates. In an inte...
Buffett loads more of Oxy stock increasing his stake in energy company to 14%
Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) bought more shares of Occidental Petroleum (NYSE: OXY) stock this week. In total, Berkshire Hathaway bought 5.9 million shares worth roughly a total o...
Warren Buffett Says Crytpo “Doesn’t Produce Anything”
Warren Buffet Getty Images Key Takeaways Warren Buffett and Charlie Munger shared some harsh words about cryptocurrency at Saturday’s annual Berkshire Hathaway shareholder meeting Warren Buffet on cry...