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Charlie Munger's 'Buy And Hold' Thesis May Seem Tame, But It Worked For Berkshire Hathaway
Wednesday, November 29, 2023 - 10:17am | 656“The whole secret of investment is to find places where it is safe and wise not to diversify,” were the words of Charlie Munger, who died on Tuesday at the age of 99. This principle stood as one of the central tenets of his approach to investing. Working on the belief that good...
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Warren Buffett Plans To Invest $3.9 Billion In Wind And Solar Power Projects - 2 Startups With Similar Potential
Thursday, September 28, 2023 - 1:36pm | 791Warren Buffett, the renowned investor and chairman of Berkshire Hathaway, is set to make a substantial commitment to the renewable energy sector by allocating $3.9 billion toward wind and solar power projects. This strategic move underscores his dedication to sustainable energy initiatives....
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Taxing The Titans: How Bezos, Musk And Buffett Exploited Tax Loopholes
Thursday, September 28, 2023 - 11:24am | 731In the world of finance and taxation, a narrative has emerged that's caught the attention of many: the story of how some of the richest people, including Amazon.com Inc. Founder Jeff Bezos, Tesla Inc. CEO Elon Musk and Berkshire Hathaway Inc. CEO Warren Buffett, managed to significantly reduce...
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Warren Buffett Says He's Happiest When Eating Hot Fudge Sundaes And Drinking Coca-Cola — 'The Lowest Death Rate Is Among 6-Year-Olds. So I Decided To Eat Like A 6-Year-Old.'
Wednesday, September 27, 2023 - 12:11pm | 814Warren Buffett, the billionaire behind Berkshire Hathaway, might be adept at picking out promising stocks, but when it comes to food, he's all about indulgence. His tastes are straightforward and candidly childlike. Others might sip on detox teas and munch on kale salads, but Buffett relishes in...
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Warren Buffett Says Apple Is Better Than Any Businesses Berkshire Owns — Unmatched Brand Loyalty Proven As Consumers Would Give Up A Second Car For An iPhone
Tuesday, September 26, 2023 - 11:16am | 663Legendary investor Warren Buffett doesn't easily fall for trends or fads. That's why Wall Street took notice when the legendary investor started pouring billions into Apple Inc. His firm, Berkshire Hathaway Inc., first acquired Apple stock in 2016. Since then, that investment has ballooned to $110...
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Here's Why Both Warren Buffett And Jim Cramer Love Apple Stock
Thursday, June 1, 2023 - 10:23am | 1020Warren Buffett and Jim Cramer are talented in their own right. One is an investing legend who has helped Berkshire Hathaway Inc. shareholders generate extraordinary returns for decades. The other is the charismatic host of “Mad Money” on CNBC who has made numerous intriguing stock picks...
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Warren Buffett, Charlie Munger Share Advice On Building Wealth: It's 'People Doing Dumb Things'
Wednesday, May 31, 2023 - 10:10am | 482The Berkshire Hathaway Annual Meeting in Omaha, Nebraska, where Warren Buffett and Charlie Munger provided traders and investors with insights and advice, was a hotly anticipated event this year. Buffett, known as much for his quotes as for his multi-billion dollar multinational...
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Occidental Petroleum: Will Buffet Buy More?
Thursday, May 11, 2023 - 4:49pm | 647Warren Buffet has said he and Berkshire Hathaway would not take a controlling interest in Occidental Petroleum (NYSE: OXY), and that's smart. Oxy has a capable CEO who has the company on the right track. That is evidenced by Buffet's remarks, specifically his comments about preferred stock...
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Elon Musk Says Lithium Is Common Everywhere, Chile's Economy Minister Politely Corrects Him
Monday, April 24, 2023 - 12:25am | 510Following Chilean President Gabriel Boric’s announced plans last Friday to nationalize the country's lithium industry and create a separate state-owned company to produce the metal, Tesla (NASDAQ: TSLA) CEO Elon Musk replied blithely, essentially telling the...
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5 Of The Craziest Things Warren Buffett Has Spent His Money On
Monday, April 10, 2023 - 2:15pm | 510Warren Buffett is one of the most successful and revered investors of all time. The Oracle of Omaha, as he is commonly known, is renowned for his intellect, wisdom and a no-nonsense approach to life's challenges. Buffett's investment strategies and success have made him a household...
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Tesla Supplier CATL Commands Two-Fifths Of Global EV Battery Market — But This Warren Buffett-Backed Company Recorded Fastest Growth
Wednesday, January 4, 2023 - 8:30am | 368Tesla Inc.’s (NASDAQ: TSLA) battery supplier Contemporary Amperex Technology Co. Limited, or CATL, has cemented its dominant position in the electric vehicle battery market toward the end of 2022, a new report stated. What Happened: The Ningde, China-based manufacturer’s EV...
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How Tesla Bull Cathie Wood's Ark Managed Its EV Holdings In 2022
Monday, January 2, 2023 - 1:03am | 905Electric vehicles may be picking up traction among consumers but the rout in the financial markets in 2022 made sure no sector was spared in terms of stock price. What Happened: Some of the prominent EV players in the listed space have seen as much as 80% drop in their stock price since the...
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A 449,000% Return: Lessons From the Most Successful Investor You've Never Heard Of
Thursday, December 8, 2022 - 2:24pm | 723At age 51, Anne Schieber was broke and disillusioned. She had worked for the IRS for 23 years and was regarded as one of the agency’s top auditors. But she never got promoted and never earned more than $3,150 in a year. With half her life already behind her, her retirement prospects looked...
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Why Warren Buffett's 1999 Warning Still Applies Today
Tuesday, December 6, 2022 - 1:36pm | 922Warren Buffett arrived in Sun Valley, Idaho, with an unpopular warning — one the visionaries in the room were in no mood to hear. The tech leaders gathered there were bent on changing the world and had already made fortunes doing it. And in a year where some tech stocks were surging as much...
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Tesla Rival Charts Ambitious Expansion Plan In Mexico, Eyes 10% Market Share, Says Report
Wednesday, November 30, 2022 - 2:23am | 504BYD Company Limited (OTC: BYDDY) (OTC: BYDDF) is flexing its muscles in international waters, with the Warren Buffett-backed Chinese electric vehicle maker eyeing a strong presence in the North American country of Mexico. What Happened: BYD is planning to commence sales of its EVs in Mexico in...