In Q2, billionaire investor Bill Gates executed major stock trades worth over $4 billion (£2.9 billion) in two companies. According to the latest filings with the US Securities and Exchange Commission, Bill Gates purchased 6.95 million shares of Berkshire Hathaway Class B (NYSE: BKR.B) shares for the quarter ended 30th June, increasing his stake in…
Warren Buffett is slated to step down as Berkshire Hathaway’s CEO at year-end—100 days from Sept. 23—setting the stage for successor Greg Abel and Berkshire’s investment lieutenants to potentially keep trimming Apple and rebalance an equity portfolio that’s already been shifting, according to new analysis and prior Fortune reporting. The 100‑day clock Buffett told shareholders…
Shares of China’s BYD (1211.HK) slipped on Monday on news Berkshire Hathaway fully exited its stake in the EV-maker. Berkshire had been selling off pieces of its stake in BYD starting in 2022, but now it appears the Warren Buffett conglomerate has completed its divestment. As first reported by CNBC, a Q1 financial filing by…
Berkshire Hathaway, the investment firm controlled by US billionaire Warren Buffett, has liquidated its holdings in Chinese electric vehicle (EV) maker BYD, marking the end of a 17-year investment run that generated a more than 30-fold increase for the leading investment conglomerate. The latest quarterly report from Berkshire Hathaway Energy, the subsidiary that directly held…
Jeff Bezos on His Paycheck: ‘I’m Proud of It’ — Here’s What He Made at Amazon As CEO (File Photo) Amazon founder Jeff Bezos has revealed that during his tenure as chief executive he deliberately avoided taking additional compensation, including stock grants and bonuses, despite leading one of the world’s most valuable companies. Speaking at…
The “Oracle of Omaha” Warren Buffet came from humble beginnings. So perhaps it’s not a shocking revelation that pedigree means little to him when it comes to business potential, he says in his latest shareholder letter earlier this year. Long revered as required reading for investors, Buffett’s annual letter to Berkshire Hathaway shareholders delivered yet…
OMAHA, Neb. (AP) — Berkshire Hathaway revealed four new investments Thursday in steelmaker Nucor, insurer UnitedHealth and two of the nation’s biggest homebuilders — Lennar and DR Horton — but it’s not clear if the investments are big enough to ensure that legendary investor Warren Buffett handled them. Buffett, who plans to retire as CEO…
Berkshire Hathaway Inc. (NYSE:BRK-B) is one of the 9 Best NYSE Stocks to Buy According to Hedge Funds. On August 4, UBS increased its price target on Berkshire Hathaway Inc. (NYSE:BRK-B) from $595 to $597 and kept its Buy rating. This decision came after Berkshire Hathaway Inc. (NYSE:BRK-B) reported operating results for the second quarter…
“Once a bull market gets under way, and once you reach the point where everybody has made money no matter what system he or she followed, a crowd is attracted into the game that is responding not to interest rates and profits but simply to the fact that it seems a mistake to be out…
The secret investments of Warren Buffett’s Berkshire Hathaway (NYSE:BRK) have been brought to light. What Happened: The undisclosed investments of Berkshire Hathaway have been made public. The company has reportedly invested in steelmaker Nucor (NYSE:NUE), homebuilders D.R. Horton (NYSE:DHI) and Lennar (NYSE:LEN), with the total investments amounting to $1.8 billion. The market has been buzzing with speculation…