Christmas has come early for investors, with stocks again taking out record highs on Thursday as indexes continue to climb toward year-end. At last check, the Dow DJIA, +0.28% was up triple digits, while both the S&P SPX, +0.49% and Nasdaq COMP, +0.42% were even more firmly in the black.Read More →
(Reuters) – Billionaire investor Warren Buffett was thwarted in trying to spend some of the $128.2 billion of cash at his Berkshire Hathaway (NYSE:) Inc, after a private equity firm outbid him to buy technology equipment distributor Tech Data Corp for $5.14 billion, CNBC said on Friday. Berkshire did notRead More →
© Reuters. FILE PHOTO: Buffett, chairman and CEO of Berkshire Hathaway, takes his seat to speak at the Fortune’s Most Powerful Women’s Summit in Washington By Jonathan Stempel and Shubham Kalia (Reuters) – Berkshire Hathaway Inc (N:) on Saturday said its quarterly operating profit rose more than analysts expected, asRead More →
Whenever Berkshire Hathaway announces a change in its stock portfolio or CEO Warren Buffett comments about an individual company, it is big news. Buffett turns 89 on Friday, and the most-covered story about Berkshire Hathaway’s investment portfolio this year has been the continuing difficulties of Kraft Heinz KHC, +0.75%. TheRead More →
© Reuters. Berkshire Hathaway Chairman Warren Buffett seen at the annual Berkshire shareholder shopping day in Omaha By Trevor Hunnicutt and Jonathan Stempel OMAHA, Neb. (Reuters) – Tens of thousands of shareholders of Berkshire Hathaway (NYSE:) Inc will gather in Omaha this weekend to hear life advice from billionaire WarrenRead More →
Once in an article I called Charlie Munger “Warren Buffett’s sidekick.” Jeff Matthews, a friend and the author of “Pilgrimage to Warren Buffett’s Omaha,” sent me an impassioned note saying, “Charlie is not a ‘sidekick’! Charlie changed Buffett’s investment philosophy. Sidekicks don’t do that.” He went on: “At Munger’s 90thRead More →
© Reuters. File photo of Berkshire Hathaway shareholders walking by a video screen at the company’s annual meeting in Omaha By Jonathan Stempel (Reuters) – Berkshire Hathaway (NYSE:) Inc on Friday said its newest vice chairmen, Greg Abel and Ajit Jain, were each awarded about $18 million last year, inRead More →
Warren Buffett’s annual letter to Berkshire Hathaway shareholders is typically a warts-and-all missive, highlighting good news while also acknowledging missteps. The letter, alongside Berkshire’s annual report, is scheduled for release at 8 a.m. Eastern on the company’s website, where investors can also comb through Buffett’s past missives. The annual reportRead More →
