Category: Buffett
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Warren Buffett Has Bought Shares of This Stock for 23 Consecutive Quarters — and It’s Not Chevron or Occidental Petroleum
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For nearly 60 years, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRC.B) CEO Warren Buffett An offer has been made to Wall Street. Since he became CEO in 1965, the standard Standard & Poor’s 500 By more than 35,000%, including dividends paid. In comparison, the so-called “Oracle of Omaha” has overseen total gains…
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Warren Buffett buys oil stock Occidental, signaling Berkshire Hathaway’s bigger strategy
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The Oracle of Omaha has its sights set on the oil industry. Berkshire Hathaway, the holding company run by investment titan Warren Buffett, has increased its stake in Houston-based Occidental Petroleum, purchasing shares over the past nine trading days to bring its holdings to nearly 29% of the company, according…
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Warren Buffett said he could make a 50% return on $1 million and predicted higher taxes. Here are 14 Q&A nuggets.
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Warren Buffett.Rick Wilking – Reuters Warren Buffett’s Q&A at Berkshire’s annual meeting was full of interesting nuggets and anecdotes. He brought up a potential Canadian bet, saying he could make a 50% annual return on $1 million. Buffett predicted higher taxes and revealed a $500 million donation of Berkshire stock.…
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Berkshire Hathaway after Buffett: Is Canadian Greg Abel next in line?
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Breadcrumb Trail Links Investor Financial Times Edmonton-born executive will face a daunting challenge stepping into the shoes of the celebrated business leader Author of the article: Financial Times Eric Platt in Omaha Published May 06, 2024 • 10 minute read You can save this article by registering for free here.…
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Buffett talks succession and Berkshire’s future at annual meeting By Reuters
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(Reuters) – Warren Buffett took the stage at Berkshire Hathaway’s (NYSE:) annual meeting on Saturday, where he praised his longtime business partner Charlie Munger, outlined the expanded roles of the executives set to eventually succeed him and discussed Berkshire’s opportunities. Greg Appel, 61, who named Buffett’s successor as CEO in…
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Warren Buffett pays tribute to Charlie Munger on a ‘tough day’ for shareholders
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New atmosphere in capitalist Woodstock. Berkshire Hathaway’s (BRK-A, BRK-B) annual shareholder meeting on Saturday marked a new era for the Oracle of Omaha, Warren Buffett. It’s the first time for the investing legend without his right-hand man Charlie Munger, who passed away on November 28, 2023, just short of his…
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Buffett reassures about Berkshire’s future, praises Apple even as he sells it By Reuters
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Written by Jonathan Stemple and Koh Gui Cheng OMAHA, Neb. (Reuters) – Warren Buffett paid tribute to his late business partner Charlie Munger at Berkshire Hathaway’s (NYSE:) annual meeting on Saturday, while reassuring shareholders that the executives they expect to succeed him are ready for the job. Buffett, legendary for…
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Warren Buffett cautions against role of AI in scamming people (NYSE:BRK.A)
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G studios Berkshire Hathaway (New York Stock Exchange:BRK.A)(New York Stock Exchange:BRK.B) Chairman and CEO Warren Buffett on Saturday made some cautious words regarding the potential of artificial intelligence (AI). Speaking at the group’s annual shareholders meeting, the veteran investor warned of the role of artificial intelligence in defrauding people He…
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Warren Buffett Isn’t Worried About Berkshire After He Dies, Says ‘If I Die Tonight, I Think the Stock Would Go Up Tomorrow’
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Warren Buffett isn’t worried about Berkshire after his death, says: ‘If I die tonight, I think the stock will go up tomorrow’ Warren Buffett, one of the most successful investors of all time, is still very powerful at 93 years old. However, he is not unaware of his eventual demise,…