Hints and tips:
...Warren Buffett’s Berkshire Hathaway sold 10mn Apple shares in the last three months of 2023, cutting into a position that the so-called Oracle of Omaha has called one of the “four giants” that account for...
...Warren Buffett has warned Berkshire Hathaway shareholders that his sprawling $905bn conglomerate has virtually “no possibility of eye-popping performance” in the years ahead, laying bare the challenges that...
...Warren Buffett’s Berkshire Hathaway on Tuesday said it had taken full control of truck stop operator Pilot Corporation, days after the sprawling railroad-to-insurance conglomerate settled an acrimonious...
...But investors said they would be closely scrutinising Buffett’s annual letter next February for any indications that change is afoot at the conglomerate, which counts insurer Geico and the BNSF railroad...
...Berkshire Hathaway’s cash pile surged to a record $157bn in a quarter in which chief executive Warren Buffett continued to sell stakes in publicly traded companies, as the so-called Oracle of Omaha found...
...The challenges confronting Buffett’s successors The passing of Berkshire Hathaway’s acerbic vice-chair Charlie Munger in November turned investors’ attention towards the company’s prospects without Warren...
...It appears to be a case of “Apple and chill” for Warren Buffett....
...There is perhaps no one celebrated more today for making money than Warren Buffett....
...Warren Buffett’s Berkshire Hathaway surged to a record high this week, helping increase its valuation this year by more than $100bn — the equivalent of Ford and Halliburton combined....
...Union Pacific and BNSF — a division of Warren Buffett’s Berkshire Hathaway — were the two US railroads most directly affected by the closures, the association said....
...The Pacific Railway Act gave “every alternate section of public land” to the railroad companies, within wide swaths on either side of the tracks....
...Berkshire Hathaway’s cash and investments in short-term Treasuries surged to $147bn at the end of the second quarter, underscoring Warren Buffett’s faith in the backbone of global financial markets despite...
...Traffic on its BNSF railroad also fell at the start of the year, which the company blamed on lower imports from the west coast and the loss of a customer....
...“Warren Buffett speaks about many benefits [for] companies to be a part of Berkshire’s long-term business, but this opportunity for added value is not something he has talked about as much.”...
...But at this year’s annual meeting in Omaha shareholders got their best view yet of the man whom Warren Buffett regards as the answer to the succession question: 60-year-old Greg Abel....
...The company’s underlying businesses, which include the BNSF railroad and Dairy Queen ice cream purveyor, generated a $6.7bn profit in the final three months of the year, down 8 per cent from the prior year...
...companies, and few new investments....
...Warren Buffett’s Berkshire Hathaway is quickly becoming one of the principal beneficiaries from the sharp increase in interest rates in the US, as its fortress-like balance sheet begins to generate hundreds...
...It is also the latest shift by the conglomerate, which spans the Geico insurer, BNSF railroad and Dairy Queen ice cream purveyor, into blue-chip technology companies....
...We need to see who the next generation is when Warren is 92 and Charlie [Munger, Berkshire’s long-term business partner] is 99.”...
...Despite this, the warrants that legendary investor Warren Buffett owns in the oil driller, equivalent to under 10 per cent of the company, are barely in the money....
...Warren Buffett’s Berkshire Hathaway dramatically slowed new investment in the second quarter after setting a blistering pace at the start of the year, as the US stock market sell-off pushed the insurance-to-railroad...
...US railroad Union Pacific on Sunday said it would replace its chief executive Lance Fritz this year. Investcorp is opening an office in Tokyo....
...They include employees of the largest carriers in North America, such as Union Pacific, CSX and BNSF, a business owned by Warren Buffett’s Berkshire Hathaway....
...The results showed the company’s railroad, utilities and manufacturing businesses reporting stronger profits in the quarter, compared to year ago levels....
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