Buffett

Warren Buffett published his annual letter to Berkshire Hathaway shareholders on Saturday.The investor touched on Berkshire’s tax payments and urged the government to spend wisely.Buffett applauded Todd Combs for turning around Geico and praised Greg Abel’s decisiveness.Warren Buffett underlined the massive scale of Berkshire Hathaway’s tax payments, urged the government…

Warren Buffett has long recommended a low-fee S&P 500 tracker fund to amateur investors.Chamath Palihapitiya says it’s become riskier as a handful of stocks now dominate the index.Buffett mostly steers clear of tech names but Apple has been his no.1 stock for years.Warren Buffett preaches that picking stocks and timing…

Warren Buffett has grown Berkshire Hathaway’s cash pile to more than $300 billion — a record high.The famed investor has halted stock buybacks and pared key holdings such as Apple and Bank of America.Buffett, 94, is facing a bargain drought and may be preparing to hand over control of Berkshire.…