Warren
Warren Buffett’s Berkshire Hathaway purchased stakes in Domino’s Pizza and Pool Corp. last quarter.The investing legend’s company made big cuts to its huge Apple and Bank of America positions.Berkshire pared other holdings such as Capital One, and sold almost all of its Ulta Beauty shares. Warren Buffett’s Berkshire Hathaway took…
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.…
Warren Buffett has sold 23% of his Bank of America stake for about $10 billion since mid-July.Berkshire Hathaway’s American Express stake is now more valuable than its Bank of America bet.Buffett cashed in about 56% of his massive Apple bet in the first half of this year. Warren Buffett has…
Warren Buffett lives a simple life, steers clear of politics, and has gifted more than half of his vast fortune to good causes, promising that virtually all the rest will follow.Yet even the 94-year-old investor who runs Berkshire Hathaway is cutting out the taxman and setting his children up to…
By Jonathan Stempel (Reuters) – The market value of Berkshire Hathaway (NYSE:) surpassed $1 trillion on Wednesday, reflecting investor confidence in the conglomerate that Warren Buffett built over nearly six decades into what many consider a proxy for the American economy. Berkshire joined six other U.S. companies, all in or…
Warren Buffett has lived in the same family home in Omaha for almost 70 years.The billionaire paid just $31,500 for the house, which is now worth about $1.4 million.Here are Buffett’s best quotes about buying a home, which he says can be both a great and terrible idea. Warren Buffett,…
Warren Buffett is a fast-food fanatic who eats McDonald’s for breakfast, munches on See’s Candies, devours Dairy Queen ice cream, and guzzles five cans of Coke daily.The investor’s unusual diet meant his 17-day trip to China in 1995 was a terrifying leap out of his culinary comfort zone. Luckily his…
Warren Buffett didn’t just rely on financials and listings to pick winning stocks in the early days.He spent weeks counting railcars, went to see “Mary Poppins,” and tested the American Express brand.”Buffett’s Early Investments” outlines how the investor vetted bosses and hunted down shares to buy. There’s a common perception…
Warren Buffett is cashing in stocks like Apple because he knows the good times won’t last — but he’ll spend big once disaster strikes, a veteran strategist says.”He is selling out of one of the most overvalued stock markets in history at the ‘high’ and once there is a serious…
Warren Buffett is stacking up cash because he’s battling a bargain drought — and he likely trimmed Apple because he felt overexposed to the iPhone maker, one expert says.”You do have to watch and see what he’s doing,” Ted Oakley, the managing partner and founder of Oxbow Advisors, told Business…
