In the past year, Berkshire Hathaway has purchased a $1.7 billion stake in Apple. Although the position is relatively small compared to other marketable securities held by Buffett and Munger, there are numerous reasons why the legendary holding company is starting to take a position.
Warren Buffett is, by most accounts, one of the most successful investors in history. The CEO of Berkshire Hathaway has amassed billions of dollars (more than $65 billion, at last count) through his savvy understanding of corporations' performance and the stock market. But investing like Warren...
Berkshire Hathaway chairman Warren Buffett expects young people to be better messengers than him about the benefits of donating their wealth. ||| New York - Warren Buffett, the 86-year-old billionaire who committed most of his wealth...Show More Summary
Mr. Combs, who becomes the 12th director on the board, has been an investment officer at Berkshire Hathaway since 2010.
Consider the opening of Warren Buffett's 2012 letter to Berkshire Hathaway shareholders. From the second paragraph: "A number of good things happened at Berkshire last year, but let's first get the bad news out of the way." Buffett goes...Show More Summary
Last week, we asked you to share how you’ll be voting in the upcoming election. Although surveys and anecdotes from sources inside and outside of the real estate industry, such as Berkshire Hathaway HomeServices and The Washington Post, revealed that many Americans...
Even when Warren Buffett isn't running Berkshire Hathaway it remains attractive to investors.
So far in 2016, Warren Buffett's Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) has continued its rich tradition of beating the broader markets, and done so in impressive fashion: BRK.B DATA BY YCHARTS The secret behind Berkshire's enduring...Show More Summary
Back-up offers are still being accepted Courtesy of Andrea Cope & Shelli Broder/Berkshire Hathaway Built in 1960 and inspired by Versailles' Garden Pavilion and the Petit Trianon, this elaborately embellished mansion next to the exclusive, members-only Wilshire Country Club was on the market less than three weeks before entering escrow. Show More Summary
Net profit at BYD, the Chinese auto and battery maker about 8% owned by Warren Buffett’s Berkshire Hathaway, soared by 384% to 2.3 billion yuan, or $348 million, in the six months of the year as the company benefitted from government incentives for the purchase of new energy vehicles. Sales of [...]
NetJets is trying to have the case tossed out. The private business jet company NetJets, which is a subsidiary of Warren Buffett's Berkshire Hathaway, is pushing for an Ohio judge to toss out a pilot union's lawsuit. The 2014 complaint,...Show More Summary
BEIJING (Reuters) - Chinese automaker BYD Co Ltd, backed by Warren Buffett's Berkshire Hathaway Inc, on Sunday predicted an up to 91-percent profit increase in the first nine months of the year, as government policies drive green car sales. Show More Summary
Berkshire Hathaway now owns about 79.5 million shares of Phillips 66, which represents 15.2 percent of the company's stock
In January, Berkshire Hathaway HomeServices released its 2015 Q4 Homeowner Sentiment Survey, which painted a somewhat grim picture for 2016. According to the Q4 survey, the Fed interest rate hike had both existing and prospective homebuyers worried. Millennials and Gen-Xers were especially perturbed by the hike of interest rates they already deemed "average" or "high."...
SUN VALLEY, ID - JULY 6: (L to R) Maria 'Mel' Lagomasino, chief executive officer of financial advisory firm WE Family Offices, Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., and Susan Alice Buffett, philanthropist and daughter of Warren Buffett, speak with each other as they attend [...]
At the end of the Berkshire Hathaway Shareholders Meeting, Warren Buffett was asked by a CNBC correspondent what he saw as the biggest threat to the company's future. He replied "CNBC is the greatest threat to Berkshire -- that is, a...Show More Summary
By Sam Forgione NEW YORK (Reuters) - Top U.S. investors such as Berkshire Hathaway and Paulson & Co slashed some energy investments in the second quarter amid strong gains in crude and natural gas prices, while also appearing optimistic by maintaining or placing new bets on the sector, regulatory filings showed on Friday and Monday. Show More Summary
Aetna to stop offering health plans through Obamacare exchanges in 11 states; Berkshire Hathaway gorges on Apple shares; and VW may face federal criminal charges in "dieselgate" scandal. These headlines and more from CBS MoneyWatch.
A quick look at the 13F filings for some of the big hedge fund titans and market gurus revealed a few things. While Warren Buffett's Berkshire Hathaway (BRK.A) sweetened its stake in Apple (AAPL), not everyone is buying the tech titan. Show More Summary
After buying $1.07 billion of Apple stock in March, Berkshire Hathaway has boosted its total stake in the company to $1.46 billion, Reuters reports. Regulatory filings from the Omaha, Nebraska-based conglomerate showed the company had...Show More Summary