Chinese-American billionaire and low-key entrepreneur-investor Duan Yongping publicly praised e-commerce giant PDD Holdings’ Temu for its marketing success, highlighting the budget-shopping site’s high-profile advertisements during the Super Bowl in 2023 and 2024. “The Super Bowl is a great platform for advertising, but I never managed to make it there,” Duan said during a speech at … Read more
According to a 13F filing with the US Securities and Exchange Commission, the Bill & Melinda Gates Foundation Trust reduced its stake in Microsoft (NASDAQ: MSFT) by 17% or 5.93 million shares to 28.957 million shares worth £9.82 billion ($12.46 billion) in Q3. During the same quarter, the Microsoft co-founder also sold 2.48 million Berkshire … Read more
Berkshire Hathaway chair Warren Buffett, 94, announced yesterday via a news release that he will The decision will reduce his Berkshire Hathaway Class A holdings to 206,363, a 56.6% drop since his 2006 pledge to give away his wealth, estimated at over $150 billion, according to Forbes. He will donate 1.5 million Class B shares … Read more
Billionaire investor Warren Buffett is known for mastering the strategy of identifying and buying great businesses at lower prices. He has abided by this rule to date, with no exceptions. For the first time in six years, Buffett decided not to buy back shares of his own company, Berkshire Hathaway, in Q3 despite having over … Read more
Warren Buffett, chairman and CEO of Omaha, Nebraska-based holding company Berkshire Hathaway, is one of the world’s most well-known investors, with a net worth north of $145 billion. Image Credit: Eric Francis | Getty Images. Warren Buffett. However, like all successful investors, Buffett had to start somewhere. In his biography The Snowball: Warren Buffett and … Read more
Most people (56.8%) around the world identify as introverts, according to a 2020 study from The Myers-Briggs Company. Those with an introverted personality are often reflective and self-aware, prefer to write rather than speak and feel tired after being in a crowd. Naturally, many introverts aren’t big fans of public speaking. Addressing an audience might … Read more
Berkshire Hathaway chair Warren Buffett is the sixth wealthiest person in the world, with a net worth of $143.7 billion. The 94-year-old billionaire investor appears to prioritise his estate plans while continuing to steer Berkshire’s investment decisions. The Oracle of Omaha has decided to donate his entire wealth to charitable trusts when he passes away. … Read more
Billionaire investors and renowned hedge fund managers, such as Pershing Square Capital Management’s Bill Ackman, Citadel’s Ken Griffin, and Susquehanna International Group co-founder Jeff Yass, bought millions of Nike shares in Q2 despite the company struggling to retain the top market spot due to headwinds on multiple fronts. Shares are down over 20% year-to-date and … Read more
Billionaire investor and chairman of Berkshire Hathaway, Warren Buffett, bought 1.04 million Class A shares of aerospace and electronics company Heico Corporation (NYSE: HEI.A) for $185.37 million in Q2, according to the latest 13F filing. Heico operates in two segments: the Flight Support Group (FSG) and the Electronic Technologies Group (ETG), where most of its … Read more
Warren Buffett’s Berkshire Hathaway acquired stakes in cosmetics store chain Ulta Beauty and aircraft parts maker Heico during the second quarter, when it also significantly cut its huge stake in Apple. Berkshire owned about 690,000 Ulta Beauty shares worth $266.3 million and 1.04 million Heico shares worth $185.4 million as of June 30, according to … Read more
