“I was 100% responsible for the Paramount decision,” Buffett said. “It was 100% my decision, and we’ve sold it all and we lost quite a bit of money.”
Category: Finance News
Warren Buffett says Greg Abel will make Berkshire Hathaway investing decisions when he’s gone
“I would leave the capital allocation to Greg and he understands businesses extremely well,” Buffett said at Berkshire’s annual meeting.
Warren Buffett says Berkshire Hathaway is looking at an investment in Canada
The Oracle of Omaha noted that he is ‘confident’ in placing bets in the country.
‘A lot of money on the sidelines’: Calamos Investments thinks ETFs should target CD, money market customers
There may be an untapped market for exchange-traded funds.
Berkshire Hathaway operating earnings soar 39% as Buffett’s cash hoard swells to record $188 billion
Berkshire Hathaway reported a huge year-over-year increase in operating earnings in the first quarter, while its cash holdings bubbled to record levels.
Warren Buffett’s Berkshire Hathaway cut Apple investment by about 13% in the first quarter
Berkshire reported that its Apple bet was worth $135.4 billion, implying around 790 million shares. That would mark a decline of around 13% in the stake.
Warren Buffett’s shopping extravaganza kicks off with Squishmallows pit, ‘Poor Charlie’s Almanack’
The Oracle of Omaha’s annual event kicked off with wares from See’s Candies to the latest Squishmallows of Warren Buffett and Charlie Munger.
Stocks making the biggest moves midday: Apple, Expedia, Block, Live Nation and more
These are the stocks posting the largest moves in midday trading.
Berkshire Hathaway’s big mystery stock wager could be revealed soon
Warren Buffett’s bet, shrouded in mystery, has captivated Berkshire Hathaway investors since first appearing in disclosures late last year.
Immigrant workers are helping boost the U.S. labor market
The government predicts that the influx of immigrant workers will grow gross domestic product over the next decade by $7 trillion.