Warren Buffett

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

Billionaire investors Mark Cuban and Chamath Palihapitiya are challenging Warren Buffett in car insurance

Mark Cuban and Chamath Palihapitiya are challenging Warren Buffett in the car-insurance market. The “Shark Tank” star and Social Capital chief are part of a group investing $160 million into Metromile, which offers pay-per-mile insurance and personalized pricing to drivers. Buffett’s Berkshire Hathaway owns Geico, one of the biggest US auto insurers and a key … Read more

Warren Buffett’s Berkshire Hathaway sold its Costco stake last quarter. Here are 3 reasons why that’s extremely surprising

Warren Buffett’s Berkshire Hathaway sold its Costco position after investing more than 20 years ago, a filing revealed this week. The billionaire investor’s company grew its stake in the big-box retailer from 355,000 shares worth $32 million in 1999, to 4.3 million shares worth $1.3 billion in June of this year. The sale is a … 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

Warren Buffett looks to Japan, takes 5% stakes in five trading companies

Berkshire said it acquired its stakes in Itochu Corp, Marubeni Corp, Mitsubishi Corp, Mitsui & Co and Sumitomo Corp over approximately 12 months Berkshire Hathaway Inc said it has acquired slightly more than 5% of the shares in five large Japanese companies, marking a departure for Chairman Warren Buffett as he looks outside the United … 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

Warren Buffett’s $90 billion Apple stake is now 43% of Berkshire Hathaway’s entire stock portfolio

The famed investor’s conglomerate held 245 million shares in the tech titan at last count, making it Apple’s second-largest shareholder with about 5.5% ownership of the company’s public stock. Apple stock has jumped 24% this year to close at an all-time high of $374 on Monday, meaning Berkshire has scored an $18 billion gain on … Read more