Buffett cuts Amazon stake, makes bet on New York Times
Warren Buffett’s Berkshire Hathaway slashed its stake in Amazon.com by more than 75 per cent in the fourth quarter, while also building a stake in the New York Times, his last new…
Tag
Buffett
This housing market cycle is so unique that even Warren Buffett broke his own rules to make money on it
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Back in his 1996 letter to shareholders, Warren Buffett famously wrote:…
Buffett acquires US$4.9 billion stake in Google parent Alphabet
WARREN Buffett’s Berkshire Hathaway acquired 17.9 million shares of Google parent Alphabet during the third quarter, while further trimming its holdings in Bank of America and Apple.…
Warren Buffett warns ‘Father Time’ is catching up and reflects on his life in a letter to shareholders
Billionaire Warren Buffett warned shareholders Monday that many companies will fare better than his Berkshire Hathaway in the decades ahead because of its massive size, though others might…
The one life choice that Warren Buffett believes separates winners from losers
In today’s world, where success is often tied to financial accomplishments, status, and impressive job titles, Warren Buffett offers a refreshing perspective: True success is about the…
Buffett effect still holds as UnitedHealth soars through August
The Warren Buffett effect is proving true once again, spurring UnitedHealth Group’s reversal this month and giving the Dow Jones Industrial Average a push towards its first closing high…
Buffett buys US$1.6 billion UnitedHealth stake, sells T-Mobile
Warren Buffett’s Berkshire Hathaway bought shares of UnitedHealth Group in the second quarter, sending the health insurer’s stock soaring in post-market trading. The chief executive…
Why Warren Buffett’s Departure from Berkshire Hathaway Matters
It was closing in on 1 p.m. here when Warren Buffett, seated onstage before a rapt audience of about 40,000 at the CHI Health Center, said that he was getting a “5-minute warning.” To most…
Highlights of Warren Buffett’s Life
Warren Buffett, the chief executive of Berkshire Hathaway, said he would step down from that position by the end of the year. Mr. Buffett, 94, transformed Berkshire Hathaway, once a…
Warren Buffett Says He’ll Step Down as Berkshire Hathaway CEO at Year End, Taps Greg Abel as Successor
Warren Buffett confirmed Saturday he will step down as CEO of Berkshire Hathaway at year’s end, marketing the end of an era for the legendary investor who symbolizes the explosive growth…
Berkshire Reports Drop in Earnings, Mainly From Investment Losses
Berkshire Hathaway, the conglomerate run by Warren E. Buffett, reported a sharp drop in first-quarter earnings on Saturday as the company felt the effects of a declining stock market and…
Warren Buffett sounds warning to Washington as Berkshire reports record profit, cash
Berkshire Hathaway on Saturday (Feb 22) reported record annual profits and boosting its cash stake to US$334.2 billion, as Warren Buffett used his annual shareholder letter to caution…
Warren Buffett Says ‘It Won’t Be Long’ Before Greg Abel Succeeds Him as Berkshire Hathaway CEO
Warren Buffett disclosed in his annual letter to Berkshire Hathaway shareholders that “it won’t be long” until he is succeeded as CEO by Greg Abel, who runs the company’s energy division.…
Buffett keeps cutting Apple stake, with value down 60% this year
BERKSHIRE Hathaway’s continued sales of Apple shares in the third quarter left the conglomerate’s stake at a fraction of its size at the start of the year. Berkshire cut its holdings in…