Maybe cryptocurrency isn’t “rat poison” after all? Those were once the words of Warren Buffett, the famous investor called the “sage of Omaha” for knowing things before the rest of the market. Now his money is saying otherwise. Specifically, his company Berkshire Hathaway has bought $1 billion worth of stock in a digital bank that […]
Read More(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. took a stake in Activision Blizzard Inc., the game giant that has agreed to be acquired by Microsoft Corp., in an investment that would have been valued at $975 million at the end of the year. Berkshire held nearly 14.7 million shares in the video-game company as of […]
Read More(Bloomberg) — Warren Buffett’s best-performing stock last year? One he’s been dumping. Wells Fargo & Co. shares delivered a total return of 61% last year, outpacing every other company listed in the most recent public snapshot of Berkshire Hathaway Inc.’s portfolio, as of Sept. 30, according to data compiled by Bloomberg. That trounced the performance […]
Read More(Bloomberg) — Warren Buffett’s surprise bet on Japan’s trading houses is paying off as the companies expect a record-breaking rebound in profits. The trading companies, known as “sogo shosha” in Japan, boosted their net income outlook after the rebound in prices of everything from crude oil to iron ore. Buffett shocked the world in 2020 […]
Read More9 ways Warren Buffett’s frugal habits can help you save money like a billionaire Warren Buffett might have billions of dollars to his name, but unlike other celebrities and financial gurus, he prefers to live life simply for the most part. The investing icon practices what he preaches when it comes to financial discipline, saving […]
Read MoreWarren Buffett saw inflation coming early on — 8 tips to help you come out ahead Rising prices and uncertainty about how long they’ll last are putting Americans in a bad mood. Inflation was worse than expected in November, with consumer prices soaring 6.8% from a year ago. That inflation rate was the steepest in […]
Read More(Bloomberg) — Warren Buffett is not going to get involved in labor disputes of any company he owns, despite a request from Senator Bernie Sanders. The Vermont independent asked Buffett to support a group in a labor strike within Precision Castparts Corp., a company Buffett’s Berkshire Hathaway Inc. purchased in 2016 that makes equipment for […]
Read MoreWarren Buffett scored 3,000% gains in electric car stock without Rivian or Tesla — here are 3 EV stocks flying under Wall Street’s radar After a white-hot early November, electric vehicle stocks have declined sharply over the past month or so. But for investors who got in early enough and stuck around, the returns are […]
Read MoreWarren Buffett johannes eisele/Agence France-Presse/Getty Images Consumer prices rose 6.8% in November, as compared to the same month in 2020, according to data from the Labor Department released in December. U.S. inflation is now at a 39-year-high, and November marked the fifth month in a row that inflation was over 5%. These numbers are no […]
Read MoreWarren Buffett is holding these stocks for the huge free cash flow — with inflation at a 31-year high, you should too Wall Street pays a ton of attention to company earnings. But reported earnings are often manipulated through aggressive or even fraudulent accounting methods. That’s why risk-averse investors need to focus on companies that […]
Read MoreBuffett stays buoyant as Bitcoin plunges 20% — here are the top 3 stocks he’s holding instead As a value investor, Warren Buffett loves to buy quality assets on the cheap. But there’s one beaten-down asset he won’t be picking up anytime soon: Bitcoin. The price of the world’s largest cryptocurrency dropped more than 20% […]
Read MoreWith inflation no longer ‘transitory,’ Warren Buffett is relying on these 3 stocks to come out on top After months of rising prices, the Fed’s claim that high inflation rates would be “transitory” is looking a bit transitory itself. “It’s probably a good time to retire that word and try to explain more clearly what […]
Read MoreIf borrowing money is so cheap, and the returns from stocks are so good, why shouldn’t we borrow money to buy more stocks? That at least is the apparent reasoning of CalPERS, America’s biggest pension fund, which has just announced it hopes to goose up returns by taking on debt so it can buy more […]
Read MoreOne of the most successful investors in the entire history of the U.S. stock market, and arguably the most famous of our era is Warren Buffett. His annual reports for Berkshire Hathaway have long been considered required reading for any serious fundamental or value-oriented investor because of the way he outlines his views of current […]
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 […]
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