Warren

Elon Musk finally has Warren Buffett as a shareholder — sort of

Elon Musk has wanted Warren Buffett as a shareholder for years. His wish has finally come true, in a sense.As of June 30, Buffett’s Berkshire Hathaway indirectly owned about 0.04% of SpaceX, a stake worth over $800 million, according to Business Insider’s calculations.This “look-through stake” — a term coined by…

Warren Buffett’s message to investors: Be careful

Warren Buffett is worried.The legendary investor called out reckless speculation in markets and the massive cost of the AI buildout during a rare interview with CNBC on Wednesday.”It’s tough to find values when everybody is preferring gambling,” the famously disciplined bargain hunter said.Berkshire Hathaway’s 95-year-old chairman, who stepped down as CEO at…