In his must-read annual letter Saturday, the 93-year-old “Oracle of Omaha” detailed Munger’s instrumental role in helping him expand his conglomerate.
Read Warren Buffett’s 2024 annual letter to shareholders
In it, he renders a tribute to his longtime friend and right hand man Charlie Munger, who died late in 2023.
Berkshire Hathaway operating earnings jump 28% in the fourth quarter, cash pile surges to record
The Omaha-based conglomerate posted operating earnings of $8.481 billion in the quarter ending December.
Credit card interest rates are at record highs. Cards have ‘never been this expensive,’ CFPB says
Credit card APRs are at all-time highs. One reason: Issuers appear to be raising their profit margins, according to the Consumer Financial Protection Bureau.
Economic boost from Taylor Swift’s Eras Tour could be overstated, Nomura warns
While the firm said the concert’s effect on local economies was undeniable, it may have a smaller imprint on national-level economic data than some think.
Stocks making the biggest moves midday: Warner Bros. Discovery, Rivian, Block, Live Nation and more
These are the stocks posting the largest moves in midday trading.
Stocks making the biggest moves premarket: Block, Live Nation, Carvana, Booking Holdings & more
These are the stocks posting the largest moves in premarket trading.
German central bank losses soar, wiping out risk provisions
Net interest income was negative for the first time in its 57-year history, declining by 17.9 billion euros year-on-year.
Germany’s housebuilding sector is in a ‘confidence crisis’ as the economy struggles
Germany’s housebuilding sector has gone from bad to worse in recent months as it is in a “confidence crisis,” one CEO says.
A ‘family vacation’ for two: Why more parents are taking trips with one child at a time
A trip for two grants uninterrupted time and special memories for parents and children — for those who are bold enough to try it.