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Warren Buffett Explains Why He Couldn't Deny Greg Abel The Top Job At Berkshire Hathaway Any Longer: 'He's A Natural'
Thursday, May 15, 2025 - 3:40am | 678Warren Buffett says Berkshire Hathaway (NYSE:BRK) (NYSE:BRK) waited too long to hand the wheel to Greg Abel, calling his longtime lieutenant "a natural" and admitting it would have been "unfair" to deny him the top job any longer. What Happened: Buffett, 94, told The Wall Street Journal that he...
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Trump's Tariff Turmoil Topples Ultra-Rich's Wealth — $174B Wiped Out From Fortunes Of World's Top 10 Billionaires, Including Elon Musk, Warren Buffett And Mark Zuckerberg
Wednesday, April 9, 2025 - 8:55am | 621The 10 wealthiest individuals in the world, including Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), have lost $174 billion following President Donald Trump‘s tariff announcement on April 2. On a year-to-date basis, they lost nearly a staggering $350 billion. What Happened:...
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Elon Musk's Net Worth Dives Below $300 Billion For The First Time Since November Amid Tesla Attacks And Tariff Woes
Tuesday, April 8, 2025 - 6:05am | 724Elon Musk, the CEO of Tesla Inc. (NASDAQ:TSLA), has seen his net worth plunge below the $300 billion mark. This significant decrease is linked to the ongoing backlash against Tesla and the implementation of new tariffs. What Happened: Musk’s net worth dipped below $300 billion...
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Once Called A 'Big Mistake,' Warren Buffett's Precision Castparts Acquisition Sees A $2 Billion Rebound, Narrowing Berkshire Hathaway's Losses
Monday, March 31, 2025 - 3:16am | 575Warren Buffett‘s Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) revealed that Precision Castparts, an aerospace parts manufacturer it acquired in 2016, has experienced close to a $2 billion increase in value. What Happened: The Oracle of Omaha had previously labeled the acquisition a “...
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3 Beloved Stocks Warren Buffett Is Dumping As Markets Fall
Friday, March 21, 2025 - 5:44pm | 1462Warren Buffett ended 2024 hoarding cash. Yet a longer look at Berkshire Hathaway's portfolio suggests that, as usual, Buffett isn't tipping his hand over his portfolio management strategy going forward. According to the firm’s 13-F regulatory filings, while top Berkshire holdings like...
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Warren Buffet's Berkshire Hathaway Boosts Stake In Japan's Top Trading Firms
Monday, March 17, 2025 - 7:51am | 529Legendary investor, Warren Buffett‘s Berkshire Hathaway (NYSE:BRK) (NYSE:BRK) has amplified its investment in Japan’s five leading trading companies What Happened: After successfully negotiating the removal of a 10% investment cap, Berkshire Hathaway has raised its stakes in...
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EXCLUSIVE: VistaShares Launches Warren Buffett-Inspired ETF, 'Filling A Gap In The Market,' Says CEO
Friday, March 7, 2025 - 1:02pm | 1081VistaShares launched its latest ETF, the VistaShares Target 15 Berkshire Select Income ETF (NYSE:OMAH), offering income investing and thematic equity exposures. The trading symbol OMAH is a play on Warren Buffett's famous nickname, the “Oracle of Omaha.” This innovative fund blends the...
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Melinda French Gates Reveals An IBM Manager Inspired Her To Join Bill Gates Co-Founded 'Little Company' Microsoft
Thursday, March 6, 2025 - 8:34am | 441Melinda French Gates credited a conversation with an IBM hiring manager for her decision to join Microsoft, a choice that significantly impacted her career and personal life. What Happened: French Gates narrated her career-defining story to LinkedIn News. After two successful summer internships,...
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Warren Buffett's Berkshire Hathaway Sells $116M Shares Of Dialysis Giant DaVita, Cuts Stake By 2%
Friday, February 21, 2025 - 3:00am | 543Warren Buffett‘s investment firm, Berkshire Hathaway (NYSE:BRK) (NYSE:BRK), has offloaded a 2% stake in dialysis service provider, DaVita Inc. (NYSE:DVA). The transaction, executed between February 14 and 19, is valued at around $116 million. What Happened: A Form 4 filing with the U.S....
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Jay-Z's Cannabis Brand Goes Up In Smoke: The Rise And Fall Of Monogram From $50 Joints To Massive Losses
Tuesday, December 3, 2024 - 12:08pm | 595Jay-Z’s cannabis brand, Monogram, launched in 2020 amid glowing media coverage in GQ, Vogue, and Vanity Fair soon followed. However, four years later, Monogram seems to have vanished from the market. Despite its luxury positioning, or perhaps because of it, which featured $50 “OG...
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Berkshire Hathaway Reports Decline In Q3 Operating Earnings, Further Reduces Apple Stake
Saturday, November 2, 2024 - 11:19am | 743On Saturday, Berkshire Hathaway (NYSE:BRK) (NYSE:BRK) registered a decline in third-quarter operating earnings, driven by weakness in the insurance underwriting segment. The Omaha-based company’s quarterly operating earnings of $10.09 billion slumped over 6% from $10.761 billion in the year-...
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Warren Buffett Owns $28 Billion In Coca-Cola Stock And Drinks 5 Cans A Day – 'I Don't Think The Prostate Cancer Was Caused By The Coca-Cola'
Sunday, September 22, 2024 - 2:00pm | 933Warren Buffett is known for his sharp investing mind, but his habits are just as interesting – especially his well-documented love for Coca-Cola. As an investor in the company, Buffett doesn't just back the stock; he's a dedicated consumer too. He's famous for drinking about five soda cans daily,...
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Since Embracing Bitcoin 4 Years Ago, Michael Saylor's MicroStrategy Has Outperformed Warren Buffett's Berkshire Hathaway Returns
Monday, August 12, 2024 - 4:40am | 553Software development firm MicroStrategy Inc. (NASDAQ:MSTR) hasn't been the same since it embraced Bitcoin (CRYPTO: BTC) four years ago, with the firm's stock returning more to its investors than Warren Buffett's Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) throughout this time. What Happened:...
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Roaring Kitty's $200M Chewy Bet Gets 'Unlikely This Is His Own Money' Response From Citron: Andrew Left's Firm Finds Warren Buffett's Occidental Stake More Compelling
Monday, July 1, 2024 - 11:38pm | 723Keith Gill, also known as “Roaring Kitty,” has been questioned by Citron Research, led by short seller Andrew Left, regarding his recent $200 million investment in Chewy Inc. (NYSE:CHWY). The research firm suggested that the investment may not be Gill’s own money. What...
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Warren Buffet's Berkshire Drops BYD Stake Despite EV Leader Seeing Record Sales
Tuesday, June 25, 2024 - 10:05am | 563Warren Buffett‘s Berkshire Hathaway Inc. (NYSE:BRK)(NYSE:BRK) is reducing its stake in BYD Co., Ltd. (OTC:BYDDY) (OTC:BYDDF) to less than 6%. Berkshire sold nearly 2.02 million Hong Kong-listed shares of BYD at $234.57 apiece, dropping its stake from 6.18% to 5.99%. The disposal was done on...