Warren Buffett called inflation a ‘gigantic corporate tapeworm.’ Here’s the investor’s warning about rising prices.

Warren Buffett said costs were rising fast during Berkshire Hathaway’s recent meeting. Buffett has called inflation a “gigantic corporate tapeworm” for investors and businesses. Asset-light companies that can raise prices and scale easily often weather inflation best. See more stories on Insider’s business page. Warren Buffett said he was seeing “very substantial inflation” and homebuilding … Read more

Warren Buffett sees a ‘red hot’ US economy with creeping inflation

“It’s almost a buying frenzy,” the Berkshire Hathaway Inc. chief executive officer said during the conglomerate’s annual meeting, which was held virtually from Los Angeles. “People have money in their pocket and they’re paying higher prices,” he said. Buffett attributed the faster-than-expected recovery to swift and decisive rescue measures by the Federal Reserve and U.S. … Read more

Warren Buffett slammed SPACs and Robinhood for encouraging gambling on stocks at Berkshire Hathaway’s annual meeting

Warren Buffett criticized SPACs and Robinhood at Berkshire Hathaway’s annual meeting. The investor said they encourage gambling and treating the stock market like a casino. Charlie Munger, Buffett’s right-hand man, damned both trends as well. See more stories on Insider’s business page. Warren Buffett blasted special-purpose acquisition companies (SPACs) and the Robinhood trading app for … Read more

Warren Buffett didn’t mention SPACs, crypto, or meme stocks in his annual letter. Buffett scholar Lawrence Cunningham explains how the billionaire still managed to warn investors about them. | Currency News | Financial and Business News

  Warren Buffett. Bill Pugliano / Getty Warren Buffett slipped warnings to investors into his annual letter. The billionaire cautioned against promoters and story stocks, Lawrence Cunningham said. Buffett has previously emphasized the dangers of speculation. Visit the Business section of Insider for more stories. Warren Buffett slipped some valuable advice for novice investors into … Read more

Buffett upbeat on US, Berkshire; buys back stock even as Covid hits results

Not even the coronavirus pandemic could dampen Warren Buffett’s enthusiasm for the future of America and his company Berkshire Hathaway Inc. Buffett used his annual letter to investors to assure he and his successors would be careful stewards of their money, where “the passage of time, an inner calm, ample diversification and a minimization of … Read more

Warren Buffett’s gold bet has ‘made it safe’ to buy the metal, billionaire investor Thomas Kaplan says

Buffett “effectively detoxified gold” when his Berkshire Hathaway conglomerate revealed a $564 million stake in the gold miner in August, the NovaGold chairman said.”He’s made it safe for anyone interested in gold to be looking at the gold narrative,” Kaplan added, according to a transcript on Sentieo, a financial-research site. Read More: BlackRock’s investment chief breaks … Read more