Warren Buffett was interviewed on CNBC from 6:00 a.m. – 9:00 a.m. Q4 2019 hedge fund letters, conferences and more These are 30 highlights: (1) Buying stocks is the equivalent of buying... Read More
The 10 largest common stock investments in Berkshire Hathaway’s portfolio had a one year weighted return of 44% through February 7, 2020. This was almost double the 23% return... Read More
6 largest market capitalizations: Q4 2019 hedge fund letters, conferences and more stevepb / Pixabay (1) Apple — $1.35 trillion (2) Microsoft — $1.22 trillion (3) Google — $969 billion (4) Amazon — $938 billion (5)... Read More
Over the past 78 years (1942-2019), the S&P 500 (with dividends included) has gone up in 80% of those years. Q4 2019 hedge fund letters, conferences and more pasja1000 / Pixabay S&P... Read More
At today’s closing price of $289.91 for Apple, Berkshire’s 5.4% stake in the company is valued at $72 billion, double its $36 billion investment. One of Berkshire’s portfolio managers,... Read More
On December 23, Berkshire Hathaway announced that Todd Combs, one of Warren Buffett’s portfolio managers, will become CEO of its Geico automobile insurance business on January 1, 2020. Todd... Read More
55% of Americans own stocks, directly or through 401(k)s, individual retirement accounts, mutual funds, or other means. Q3 2019 hedge fund letters, conferences and more geralt / Pixabay Gallup found 55% of... Read More
Berkshire Hathaway hit an all-time high Thursday of 339,769.60. That tops the previous high set in the fall of 2018. It closed Friday at 338,080. The current market value... Read More
This is my favorite Warren Buffett quote: Q3 2019 hedge fund letters, conferences and more “Success in investing doesn’t correlate with IQ once you’re above the level of 120. What you... Read More
SMITH BRAIN TRUST – Ancient rulers loved it. Modern investors have, at times, flocked to it. What is it about gold, anyway? Q3 2019 hedge fund letters, conferences and more Stevebidmead / Pixabay Gold... Read More
At Berkshire Hathaway’s closing price on Friday, November 1 of $323,400, and its book value of $243,484 at the end of the third quarter, its price to book value... Read More
Berkshire Hathaway released its 2019 third quarter report this morning. The highlights are: Q3 2019 hedge fund letters, conferences and more warren-buffett-omaha-berkshire.jpg (1) Berkshire’s operating earnings were up 14.2% in third quarter. (2) Berkshire’s cash... Read More
3G Capital today sold 25 million shares, or 9% of its stake, in Kraft Heinz at $28.44 per share for $713 million. Jorge Lemann bought 3.5 million shares at... Read More
David Rubenstein was interviewed on CNBC this morning. These are the highlights: Q2 hedge fund letters, conference, scoops etc Image source: YouTube Video Screenshot (1) We can have a deal with China... Read More
In an SEC 13F filing released after the market closed today, Berkshire Hathaway revealed an 11% increase ($100 million) in its stake in Amazon during the second quarter of... Read More
Berkshire Hathaway released its second quarter earnings report this morning. Q2 hedge fund letters, conference, scoops etc The highlights were: (1) Berkshire Hathaway’s operating earnings declined by 11% during the second quarter, primarily... Read More
In an SEC Form 3 filing last night, Berkshire Hathaway disclosed that it owned 950 million shares of Bank of America as of July 17. This stake is currently... Read More
The 2019 winning charity bid on eBay for lunch with Warren Buffett was $4,567,888. This was the 2oth annual lunch with Warren Buffet to benefit the Glide Foundation and... Read More
Kraft Heinz (KHC) is currently trading below Berkshire Hathaway’s (BRK.A, BRK.B) purchase price in 2015. Q1 hedge fund letters, conference, scoops etc Berkshire Hathaway owns 26.7%, or 325,442,152 shares, of Kraft... Read More
Facebook co-founder Chris Hughes and Massachusetts Sen. Elizabeth Warren have called for the breakup of Facebook and other tech giants, and at least two other Democratic presidential hopefuls say... Read More
The 6 largest companies by market capitalization are: Q1 hedge fund letters, conference, scoops etc mohamed_hassan / Pixabay (1) Microsoft (MSFT) - $974 billion (2) Apple (AAPL) - $936 billion (3) Amazon (AMZN) -... Read More
These are 5 highlights of the Berkshire Hathaway annual meeting: Q1 hedge fund letters, conference, scoops etc (1) Apple – Both Warren Buffett and Charlie Munger are very bullish on Apple. ... Read More
