(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. increased its stakes in five of Japan’s major trading companies, according to filings released on Monday. Berkshire Hathaway first bought stakes in Japan’s trading houses — also known as “sogo shosha” — in August 2020, acquiring about 5% of each of the firms. The trading companies, which invest […]
Read More(Bloomberg) — For investors looking for a dip-buying opportunity in the global chip industry, Berkshire Hathaway Inc. may have a recommendation: Taiwan Semiconductor Manufacturing Co. Warren Buffett’s conglomerate picked up a $5 billion stake in the firm in the recent quarter amid a rout that wiped out over $250 billion from the stock. It hasn’t […]
Read More(Bloomberg) — Berkshire Hathaway Inc.’s insurance businesses took a hit in the third quarter as the sector grappled with the fallout from Hurricane Ian and increased frequency and severity of claims in the auto space. The conglomerate run by billionaire Warren Buffett posted a $962 million loss on its insurance underwriting businesses, the company said […]
Read More(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. is following an age-old adage: Buy the dip. The conglomerate was a net buyer of equities in the quarter, reporting $45.2 billion in purchases after subtracting sales in second-quarter results released Saturday. It bought a total of $41.4 billion in shares in the first three months of 2022 […]
Read More(Bloomberg) — Berkshire Hathaway Inc. is about to give investors a look at how the conglomerate is handling spiraling inflation, rate hikes and a market downturn that’s weighed on some of its largest holdings. Warren Buffett’s Berkshire is set to report second-quarter results Saturday, and the sharp sell-off that’s dogged markets in the first half […]
Read More(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc., which contended for years with high valuations stifling deal prospects, is back on its stock-buying game. The conglomerate made roughly $41 billion of net purchases in the first quarter, including a boost to its Chevron Corp. stake that vaulted the investment into Berkshire’s top four common stock holdings. […]
Read More(Bloomberg) — Warren Buffett is signaling wariness with the soaring stock market as the billionaire investor extends a selling streak. Buffett’s Berkshire Hathaway Inc. was a net seller of equities for the fourth straight quarter, a trend not seen in data going back to 2008. The company ended up selling almost $2 billion more in […]
Read More(Bloomberg) — Tesla Inc.’s latest rally has blasted co-founder Elon Musk’s wealth past a new milestone: It now eclipses famed investor Warren Buffett’s fortune by a factor of three. Musk’s net worth rose by $24 billion to $335.1 billion Monday as the electric automaker’s shares jumped 8.5% in New York. That widened his lead over […]
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