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Expert Says Warren Buffett's Top Executive Ajit Jain Sold Berkshire Hathaway Stake Because 'The Stock Was Fully Pricing The Business'
Saturday, September 14, 2024 - 10:14pm | 567Read More...Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) executives have recently made significant sales of the company’s stock, raising questions about the market’s valuation. The sales, which come amid a historic market cap milestone, could indicate a shift in the company’s outlook. What...
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Warren Buffett's Top Executive Ajit Jain Sells Over Half His Berkshire Hathaway Stake For $139M Amid Speculation On Stock Valuation And Kamala Harris's Tax Policies
Friday, September 13, 2024 - 4:23am | 662Read More...Ajit Jain, a key figure at Berkshire Hathaway (NYSE:BRK) (NYSE:BRK) since 1986, has sold more than half of his shares in the company. Jain sold 200 Berkshire Class A shares on Monday for approximately $139 million. What Happened: This sale represents around 55% of Jain’s total stake in the...
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How Will Warren Buffett Know It's Time To Step Down? Charlie Munger Revealed The Berkshire CEO Told People To 'Speak Up'
Wednesday, July 3, 2024 - 11:14am | 869Read More...The death of Charlie Munger in 2023 and the rising age of Warren Buffett could bring a renewed spotlight on the success plan at Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK), the company Buffett has run for decades. In a 2019 interview, Munger shared that Buffett has a straightforward approach to...
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Warren Buffett Comments On Whether Elon Musk's FSD Will Impact Berkshire's Auto Insurance Business. Will Oracle Of Omaha Bet On Tesla?
Sunday, May 5, 2024 - 5:09pm | 688Read More...Will Tesla, Inc.’s (NASDAQ:TSLA) full self-driving technology pose a risk to the prospects of one of Berkshire Hathaway, Inc.’s (NYSE:BRKA) (NYSE:BRKB) portfolio companies? Billionaire investor Warren Buffett was asked this question at the company’s annual shareholder meeting on...
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What Would A Nuclear Disaster Mean For Insurance Companies? Warren Buffett Chimes In
Sunday, May 1, 2022 - 8:14am | 585Read More...The invasion of Ukraine by Russia and threats of a potential nuclear war between several countries was turned into a topic of debate at the annual Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B) shareholder meeting. Here’s what Warren Buffett had to say about the risks of nuclear war and...
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Berkshire Hathaway's 2017: Tax Reform Windfall, Insurance Losses From Hurricanes, Younger Executives Promoted
Saturday, February 24, 2018 - 11:46am | 1267Read More...Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) gained $65.3 billion in value in 2017 and outperformed the S&P 500, posting a 21.9-percent rise in market value versus the index's 21.8-percent addition, CEO Warren Buffett said in his annual shareholder letter Saturday. Only $36 billion of...
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Buffett Say He's In Good Health, But Confirms First Step In Succession Plan
Wednesday, January 10, 2018 - 2:22pm | 493Read More...Legendary billionaire investor Warren Buffett announced Wednesday he has appointed Gregory Abel and Ajit Jain to Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B)'s board of directors as vice chairs. Naturally, many investors jumped to the conclusion that the 87-year old is now planning to...
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What Will Berkshire Look Like Post-Buffett?
Saturday, May 6, 2017 - 9:13am | 552Read More...It's no secret Warren Buffett, considered by many as the world's best investor, isn't getting any younger. At the tender age of 86, Buffett eventually has to step down from his title as chairman and CEO of Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B). Meanwhile, Buffett's...
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Buffett, Berkshire Look Forward To Weekend's Annual Meeting
Friday, May 4, 2012 - 11:39am | 786Read More...This weekend, Berkshire Hathaway (NYSE:BRK.B), the holding company run by legendary investor Warren Buffett, will hold its acclaimed annual meeting. Buffett told Fox Business Network this morning that he expects record attendance based on tickets. He said, "The tickets were a record breaker, but...
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Is Warren Buffett Dropping Clues On Who Replaces Him? (BRK-A)
Wednesday, March 23, 2011 - 8:12am | 276Read More...Warren Buffett said that the Berkshire Hathaway (NYSE: BRK-A) board would support Ajit Jain as CEO should Jain decide to seek the job. “He loves what he does, he's not looking to take my job,” Buffett said yesterday at a news conference in Bangalore. “If he was, the board of directors would...
