Warren Buffett’s Berkshire Hathaway (BRK.B, $302.82) was once again net buyers of stocks for the three months ending June 30. Berkshire spent $3.8 billion on stocks in the second quarter, less than the $41 billion it netted in equity acquisitions in the first three months of 2022 after deducting sales. In July, Berkshire Hathaway increased … Read more
Berkshire Hathaway said it has this week purchased another 4.3 million shares of Occidental Petroleum Corp. The purchases give it a 19.2% stake in the oil company. Some analysts have speculated that Berkshire could buy all of the Houston-based company. Berkshire Hathaway Inc (BRKa.N), shown to very rich person Warren Buffett, said it has this … Read more
The donation comprises about 14.4 million shares of Berkshire Hathaway stock. It is part of the billionaire’s pledge to give away nearly all of his net worth. Buffett, 91, has donated more than half of his Berkshire shares since 2006. He and Bill Gates pioneered “The Giving Pledge”. Warren Buffett on Tuesday gave about $4 … Read more
Mohnish Pabrai, a disciple of Warren Buffett, names his 2 favorite investing books Are you looking for stocks with long-term value? Mohnish Pabrai, a seasoned investor, recommends two books. Pabrai, a value investor and disciple of billionaire Warren Buffett, told CNBC Pro Talks that “100 to 1 in the Stock Market” is an “extremely well-written” … Read more
Although Warren Buffett has made his less than favorable opinion on something crypto abundantly clean in the past, his granddaughter, Nicole Buffett, is a large fan of crypto. She is widely known inside the crypto space as a running artist who creates and sells non-fungible tokens (NFTs). Buffett turned into even featured on Fortune’s NFTy … Read more
BYD Co., the Chinese automaker backed by Warren Buffett, has come under fire for pollution at one of its factories that residents say has caused nosebleeds in hundreds of children. Officials in Changsha, the capital of central China’s Hunan province, sent a team to BYD’s factory to investigate gas emissions after receiving complaints from neighbors, … Read more
When it comes to space exploration, the world’s wealthiest man has an insatiable appetite for all things extraterrestrial. Someone has pointed out that the net worth of Elon Musk has expanded tenfold, the SpaceX CEO has acknowledged it and indicated his desire to continue with his goal regarding Mars. His remark quickly drew a lot … Read more
