Brkshire Hathway

Warren Buffett used the ‘Mona Lisa’ to explain why art is a terrible investment – but then compared Berkshire Hathaway to an art museum

Warren Buffett dismissed art as a bad investment nearly 60 years ago. France could have made $1 quadrillion if it had invested instead of buying the Mona Lisa, he said. Buffett described investing, valuing and building businesses, and Berkshire Hathaway as art. See more stories on Insider’s business page. Warren Buffett invoked one of the … Read more

Warren Buffett has made a ‘good start’ towards spending his $137 billion cash pile, Berkshire Hathaway analyst says

The billionaire investor and Berkshire chief recently struck a $10 billion deal for Dominion Energy’s natural-gas assets, and looks to have spent between $5 billion and $6 billion on stock buybacks in recent weeks. Buffett has plenty of scope to make similar moves in the coming months, Shanahan said. “There is still a lot of … Read more