Top Warren Buffett-Backed Companies to Watch in 2024

Top Warren Buffett-Backed Companies to Watch in 2024

Berkshire Hathaway Chair Warren Buffett is a legendary value investor, buying great companies with long-term potential at reasonable prices for massive gains over time. He maintains a diversified portfolio worth $331.68 billion, according to Berkshire Hathaway’s 13F filing for the quarter ended March 31. While Buffett’s investments range across industries, these three stocks can make … Read more

Warren Buffett worried about ‘huge losses’ in booming insurance market

Warren Buffett worried about ‘huge losses’ in booming insurance market

One of the messages that Warren Buffett and Berkshire Hathaway’s top insurance executive, Ajit Jain, sent to investors during the company’s annual shareholder meeting in Omaha last month was that cyber insurance, while currently profitable, still has too many unknowns and risks for Berkshire, a huge player in the insurance market, to be fully comfortable … Read more

Billionaire Bill Gates’ Trust Sells Microsoft, Buffett’s Berkshire Hathaway in Q1, Ups Walmart Stake by 200%

Billionaire Bill Gates’ Trust Sells Microsoft, Buffett’s Berkshire Hathaway in Q1, Ups Walmart Stake by 200%

Philanthropist billionaire and former CEO of Microsoft (NASDAQ: MSFT), Bill Gates, has a significant stake in Microsoft through his holdings and the Bill and Melinda Gates Foundation Trust. While the Trust has gradually reduced its share in the tech giant over decades, the latest 13F filing for Q1 2024, released on May 15, shows a … Read more

Warren Buffett reveals secret $6.7B stake in insurer Chubb after slicing Apple

Warren Buffett reveals secret .7B stake in insurer Chubb after slicing Apple

Warren Buffett’s Berkshire Hathaway on Wednesday revealed a new, $6.72 billion stake in the insurer Chubb, confirming months of speculation that it had made a big new investment. Berkshire owned 25.92 million Chubb shares as of March 31, according to a regulatory filing detailing Berkshire’s US-listed holdings as of that date. The disclosure sent Chubb’s share price to a record high … Read more

India has ‘unexplored’ opportunities: Warren Buffett

India has ‘unexplored’ opportunities: Warren Buffett

Chairman Warren Buffett, left, at the Berkshire Hathaway Inc. annual shareholders’ meeting in Omaha, Nebraska, U.S., on May 3, 2024. | Photo Credit: REUTERS Billionaire investor Warren Buffett said that the Indian market has “unexplored” opportunities which his conglomerate holding company, Berkshire Hathaway, would like to explore “in the future”. Mr. Buffett’s remarks came at … Read more

India Has Unexplored’ Opportunities: US Billionaire Warren Buffett

India Has Unexplored’ Opportunities: US Billionaire Warren Buffett

Last Updated: May 05, 2024, 20:59 IST Washington D.C., United States of America (USA) Berkshire Hathaway Chairman Warren Buffett attends the Berkshire Hathaway Inc annual shareholders’ meeting in Omaha, Nebraska, U.S., May 3, 2024. (Reuters/File Photo) Warren Buffett discusses Berkshire Hathaway’s interest in Indian market and investment opportunities at annual meeting. US Billionaire investor Warren … Read more

Profit drops at Warren Buffett’s firm but thousands still want to hear from the investing guru

Profit drops at Warren Buffett’s firm but thousands still want to hear from the investing guru

OMAHA, Neb. — Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become “the growth industry of all time.” Doubling down on his cautionary words from last year, Buffett told the throngs he recently came face to face with the downside of AI. And … Read more

Apple CEO Tim Cook meets BYD, other key mainland suppliers in Shanghai as US tech giant opens 57th China store

Apple CEO Tim Cook meets BYD, other key mainland suppliers in Shanghai as US tech giant opens 57th China store

At Apple’s office in Shanghai, Cook on Wednesday met two billionaire company founders: Wang Chuanfu, the chairman and chief executive of the world’s largest electric vehicle maker BYD, and Zhou Qunfei, the chairwoman and chief executive of touch screen manufacturer Lens Technology. Also present at the meeting was Chen Xiaoshuo, chief executive at electronic components … Read more

Berkshire ‘built to last’: Warren Buffett assures investors

Berkshire ‘built to last’: Warren Buffett assures investors

Warren Buffett on February 24 moved to reassure investors that his conglomerate Berkshire Hathaway would serve them well over the long term, even as he mourned the recent passing of his longtime second-in-command Charlie Munger. In his widely-read annual letter to Berkshire shareholders, which accompanied a record $37.4 billion full-year operating profit, Mr. Buffett said … Read more

Warren Buffett urges investors to ignore Wall Street pundits in annual letter

Warren Buffett urges investors to ignore Wall Street pundits in annual letter

OMAHA, Neb. — Warren Buffett credited his longtime partner — the late Charlie Munger — with being the architect of the Berkshire Hathaway conglomerate he’s received the credit for leading and warned shareholders in his annual letter Saturday not to listen to Wall Street pundits or financial advisors who urge them to trade often. Buffett said he … Read more