Berkshire Hathaway – Page 3 – Charm

Billionaire Charlie Munger Says He Ditched Insurance Once He Got Rich And Self-Insured Instead As ‘All Intelligent People’ Do — ‘There’s a Lot of Waste’

Cs news3 months ago08 mins

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. For most people, insurance isn’t optional—it’s a given. Home, auto, medical, liability—you’re taught to protect your assets before you even finish building them. And while those monthly premiums sting, they’re the price of security, or so the logic…

Warren Buffett Sparks Massive Rally in Troubled UnitedHealth Stock

Cs news3 months ago3 months ago02 mins

Aug 15 – UnitedHealth Group (NYSE:UNH) shares soared 10% Friday morning after Warren Buffett (Trades, Portfolio)’s Berkshire Hathaway revealed a stake of 5 million shares, valued at roughly $1.6 billion. The move sent the stock up 12% in morning trading, marking its best day in five years and adding about 209 points to the Dow…

UnitedHealth Group shares climb as Buffett’s Berkshire Hathaway discloses stake in the insurer

Cs news3 months ago3 months ago05 mins

Shares of UnitedHealth Group are surging before the market open Friday as Warren Buffett’s Berkshire Hathaway disclosed that it recently purchased shares of the beleaguered insurer. Berkshire Hathaway bought around 5 million shares of UnitedHealth last quarter, according to a regulatory filing. The stake was valued at about $1.57 billion. Buffett plans to retire as…

Dow, S&P 500, Nasdaq futures climb as investors await retail data after rate-cut bets cool

Cs news3 months ago3 months ago03 mins

US stock futures were mixed on Friday as Wall Street tempered its rate-cut hopes and awaited July’s retail sales report. Futures attached to the Dow Jones Industrial Average (YM=F) rose around 0.7%. Futures attached to the benchmark S&P 500 (ES=F) were flat and futures attached to the tech-heavy Nasdaq 100 (NQ=F) fell below the flatline….

UnitedHealth jumps after Berkshire Hathaway buys new stake

Cs news3 months ago3 months ago02 mins

(Reuters) -Shares of UnitedHealth Group surged more than 12% in premarket trading on Friday after Warren Buffett’s Berkshire Hathaway revealed a new investment in the health insurer. Berkshire owned 5.04 million UnitedHealth shares worth about $1.57 billion as of June 30, it said in a U.S. Securities and Exchange Commission filing. The investment comes at…

Warren Buffett’s company reveals new investments in Nucor, UnitedHealth and two big homebuilders

Cs news3 months ago3 months ago04 mins

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…

Buffett’s Berkshire acquires 5 million shares in UnitedHealth

Cs news3 months ago3 months ago01 mins

(Reuters) -Warren Buffett’s Berkshire Hathaway has acquired 5 million shares in UnitedHealth Group, a regulatory filing showed on Thursday, sending the health insurer’s stock up 7% in extended trading. Billionaire investor Buffett owned about 1.18 million shares in UnitedHealth between 2006 and 2009, before selling his entire stake in 2010 amid a broader retreat from…

Warren Buffett’s 2025 Warning: Shun Speculation, Embrace Compounding

Cs news3 months ago3 months ago07 mins

Buffett’s Timeless Caution in a Volatile Era As the calendar flips to 2025, Warren Buffett, the Oracle of Omaha, continues to dispense wisdom that resonates deeply with investors navigating uncertain markets. In a recent piece from Yahoo Finance, Buffett warns against a perennial pitfall: chasing hot trends without regard for fundamental value. He emphasizes that…

Warren Buffett's Berkshire Hathaway sold stocks and didn't snap up bargains even as markets crumbled after 'Liberation Day'

Here’s the one-page memo Warren Buffett sent to his managers every two years for over 25 years

Cs news3 months ago3 months ago013 mins

Even though he may seem like an easy-going, Coca-Cola-loving old man, he admits his leadership style can sometimes be “ruthless.” In fact, the billionaire sent a stark reminder to his manager every two years of his nonnegotiables, which include “to zealously guard Berkshire’s reputation,” something he believes is the foundation of the entire enterprise. “We…

Berkshire Hathaway’s Class A shares fall after $3.8 billion write-down, operating profit weakness

Cs news3 months ago3 months ago02 mins

(Reuters) -Class A shares of Warren Buffett’s Berkshire Hathaway (BRK-A) fell 3% in afternoon trading on Monday, as investors fretted over a $3.8 billion write-down and a dip in quarterly operating profit that the firm disclosed on Saturday. The write-down of Berkshire Hathaway’s 27.4% stake in Kraft Heinz, its second for the company, reflects a…