XLF Financial Select Sector SPDR Fund
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Bank of America Throws Its Weight Behind These 2 'Strong Buy' Stocks
Berkshire Hathaway's cash reserves reached a new high profit, boosted by the insurance business
Berkshire Hathaway has raised its cash reserves to a new level in an environment where large transactions are scarce, and the company's operating profits have also risen with the support of Warren Buffett's accumulated insurance business. The company's cash reserves rose to $188 billion at the end of the first quarter, setting a new record set at the end of last year. Berkshire Hathaway also announced that operating profit for the first quarter was 11.2 billion US dollars, compared to 8.07 billion US dollars for the same period last year. In February of this year, 93-year-old Buffett said there were very few deals that would give him the chance to achieve “astonishing results.” Although Berkshire Hathaway has stepped up its acquisition efforts in recent years,
Buffett laughed and said, “If it wasn't Charlie, I would still subconsciously call the wrong one
On May 4, local time, Berkshire Hathaway's annual shareholders' meeting was held in the American town of Omaha. According to reports, business leaders such as Bill Gates and Apple CEO Tim Cook all appeared at the conference. After answering a question, Buffett turned to look at Berkshire's successor on the left, and subconsciously called out the name of his old partner Munger, who had passed away. Afterwards, he understood and explained with a smile: It wasn't Charlie, I would subconsciously call him wrong... Charlie Munger died last year at the age of 99, just a few weeks until his 100th birthday.
Hot Research: Leveraged Loans Are in the Market's Sweet Spot -- Barrons.com
(The companies mentioned in Hot Research are subjects of research reports issued recently by investment firms. Their opinions do not represent those of Barrons.com or Dow Jones & Company, Inc. Some of
Buffett: Go meet the people you want to meet, don't wait until the last day to regret it
The annual “Investment Industry Spring Festival Gala” officially kicks off. On May 4, local time, the 2024 Annual General Meeting of Shareholders of “Stock God” Buffett's Berkshire Hathaway (Berkshire Hathaway) (“Berkshire”) was held in Omaha, Nebraska, USA. During the questioning session, a small audience member asked Buffett: If it were on the last day, who would you like to meet? If you could spend an extra day with Charlie. What are you going to do? Buffett laughed and choked. He answered, “It was funny because I was able to spend another day with him (Munger)
Go directly to Omaha | Shareholder Shopping Day to see what did everyone buy?
Buffett's shareholders' meeting carefully prepared a shopping day exhibition for shareholders. At the exhibition, participants will have the opportunity to explore Berkshire Hathaway's extensive investment landscape in depth. The exhibition covered an area of more than 1,800 square meters and exhibited more than 50,000 products, including not only various exquisite souvenirs, but also exhibits reflecting the company's various business areas. It allows shareholders to learn more about Berkshire Hathaway's investment landscape while shopping. In addition, Bosein Jewelry also offered shareholders an exclusive shopping night, showcasing unique jewellery and boutique products, with special discounts on all products. With Sina Finance
Buffett says Berkshire paid more than 5 billion US dollars in federal taxes last year, and the US government is likely to raise taxes
At Berkshire Hathaway's annual shareholders' meeting on Saturday, Buffett explained the reasons for cutting Apple's shareholding and delivered a passage that drew enthusiastic applause from the audience. The investment guru notes that Berkshire Hathaway is taxed on capital gains from its Apple investment at a 21% federal rate. He said that not long ago, this tax rate was 35%, while in the past the tax rate was even higher, at 52%. Buffett said, “The federal government owns a portion of the revenue from our business. They don't own the assets, but they own a portion of the proceeds, and they can change that percentage in any year.” He said:”
Berkshire has more than 180 billion US dollars in cash accounts, and the investment hasn't been made yet. What are you waiting for?
According to the financial report for the first quarter of 2024 released by Berkshire Hathaway, by the end of the first quarter, Berkshire's cash reserves had further grown to 189 billion US dollars, a new all-time high set in the fourth quarter of last year. Among them, the company directly held cash of 35.55 billion US dollars, and its short-term US debt holdings were 153.44 billion US dollars. Its holdings of highly liquid short-term US bonds continued to grow compared to 129.6 billion US dollars in the fourth quarter of last year, earning considerable coupon income during the period of high interest rates. At the beginning of the subsequent shareholders' meeting, Buffett told shareholders that by the end of this quarter, it is expected that Berkshire will have cash
Warren Buffett Fears AI Has 'Enormous Potential for Harm'
Count Warren Buffett among those concerned about the dangers of artificial intelligence.
The Poignant Moment When Warren Buffett Called for 'Charlie' at Berkshire's Meeting
By Andy Serwer While this year's Berkshire Hathaway meeting may have been short on fireworks and blockbuster news, it wasn't short on poignancy. At one point in the morning after Buffett had talked fo
Buffett expects a sharp rise in US corporate taxes to cope with the fiscal deficit. Will a wave of US stock sell-offs follow?
Buffett recently answered the huge confusion in the market — why sell Apple to hold positions. He hinted that it was just before the US government's tax negotiations next year, because the current US fiscal deficit is huge, and the future may only be dealt with by raising taxes. Buffett's actions have always been a weather vane. Will more companies follow Buffett's actions in the future? Will US stocks, which are close to historic highs, face selling pressure as a result?
Berkshire's huge cash holdings herald the arrival of a bear market
Let the bears line up. Industrial giant Berkshire Hathaway (Berkshire Hathaway) said in an earnings report released on Saturday that the company's cash reserves reached a new high of $189 billion in the first quarter. Today, Buffett told shareholders at the crowded CHI Health Center that this huge cash reserve could reach $200 billion by the end of the quarter. A veteran value investor said that so much dollar indicates Buffett is currently “bearish” on the stock market. Buffett is bearish on the stock market. Smead Capital Mana
The 500-word highlights of Buffett's 2024 Shareholders' Meeting is here!
Admitting limited capabilities and energy, comparing AI with “no understanding at all” to nuclear weapons, and confirming that the next CEO will completely take over investment decisions, the company's focus is still on the US. It is still investigating investing in Canada, and its cash rose to 200 billion US dollars in the second quarter.
Buffett: The next big deal probably won't be an investment outside the US
Buffett said he knows America's rules, weaknesses, and strengths, and he generally doesn't feel the same about many other countries in the world. BYD and Costco are the two stocks that Munger has strongly advocated buying during the years he worked with Munger. He believes India has plenty of opportunities. But the question is, what advantage does Berkshire's view of India have. Buffett revealed that Berkshire is evaluating investment opportunities in Canada.
Rally Outside Berkshire Hathaway Shareholder Meeting Highlights Multi-State, Anti-Consumer Energy Policy
Contaminated water bottles symbolizing the coal ash waste in groundwater near Berkshire coal plants. "Later is too Late" Rally Outside Berkshire Hathaway shareholder meeting in Omaha
Buffett Praises Bet in Japanese Trading Houses, Says Berkshire Will Be 'American-oriented'
Buffett Tells Annual Q&A That Berkshire Exited Paramount at a Loss -- and That It's His Fault
Buffett Tells Annual Q&A That Berkshire Exited Paramount at a Loss and That It's His Fault
Buffett: Any labor-intensive industry will be threatened by AI
In response to investors' questions, Buffett said that I think any labor-intensive industry will be threatened by AI. Of course, more time for entertainment can be created at this level. The following is a transcript of questions and answers: Question: Good afternoon, I'm a San Diego lawyer. I know everyone will disagree with me when they hear about it. You need to know that Munger used to be a lawyer. First, I would like to sincerely thank Mr. Buffett for his honest and upright career, your leadership, and support and contributions to philanthropy. My question to the two of you here is that now this AI genie has been released from the bottle, and you have
Buffett praises Cook: “the best partner” after Jobs
Buffett's shareholders' meeting was held today. Apple CEO Tim Cook also attended the event. Buffett praised Apple at the conference and said Cook was the “best partner” after Jobs. Speaking about the iPhone, Buffett said, “It's one of the greatest products, and probably the greatest product ever.” Earlier, Buffett told Berkshire shareholders: “Unless something dramatic happens that actually changes the allocation of capital, we will make Apple our biggest investment.”
Buffett reviews his successor, Abel: He knows business very well
At today's shareholders' meeting, Buffett said that if he were a board member, he would leave the capital allocation decision to Greg Abell because Abell knows business very well. Buffett said that Abell knows exactly how Berkshire's business works, and at the same time, he knows exactly what to do with the company's common stock.