Hi, I’m Merryn Somerset Webb, Bloomberg UK Wealth’s editor-at-large. Welcome to the Merryn Talks Money newsletter. Every Saturday, I’ll bring you micro to macro thoughts on your money and investments. I welcome your feedback. Just when you think Warren Buffett has imparted all the advice anyone could possibly need, he produces a bit more. This…
Omaha is best known for its good steaks and being billionaire investor Warren Buffett’s hometown. But this weekend, the locals are relishing their moment in the US presidential spotlight. Solidly Republican Nebraska is one of only two states that divides its electoral votes and there are some scenarios in which Omaha — nicknamed the Blue…
Berkshire Hathaway Inc.’s cash pile reached $325.2 billion in the third quarter, a record for the conglomerate, as Warren Buffett continued to refrain from major acquisitions while trimming some of his most significant equity stakes. Berkshire once again cut its holdings in Apple Inc., the Omaha, Nebraska-based company said Saturday in a statement. Its stake…
Warren Buffett sold another slug of Bank of America Corp. stock after the lender repurchased enough of its own shares to nudge his stake back above 10% — a regulatory threshold that requires rapid disclosure. Buffett’s Berkshire Hathaway Inc. reaped about $370 million selling stock this week, according to a filingBloomberg Terminal Thursday detailing his…
Market watchers are saying that Warren Buffett may be looking to buy Japanese financial firms and shipping companies as Berkshire Hathaway Inc.’s return to the yen bond markets fuels speculation he’s raising money to build stakes in value stocks. The billionaire’s company this week mandated banks to manage a yen bond sale in the global…
Warren Buffett’s continued disposals of Bank of America Corp. shares have now covered the billionaire’s investment cost, leaving him with a more than $34 billion stake that’s pure profit. In a round of transactions disclosed in a filingBloomberg Terminal Thursday, Buffett’s Berkshire Hathaway Inc. sold $896 million of the stock this week. That means total…