Wall Street fell the most in nearly two years, continuing a global rout in financial markets as fears worsen that the U.S. economy is slowing down. The S&P 500 fell three per cent on Monday. The Dow Jones industrial average dropped more than 1,000 points and the Nasdaq composite slid 3.4 per cent. The declines were just the latest … Read more
Warren Buffett’s time-tested stock market valuation indicator reached an all-time high of 200% last week, surpassing a peak of 197% in November 2021. This implies that US stocks may be extremely overvalued. Shortly after the “Buffett Indicator” peaked in November 2021, the stock market entered a bear market. The indicator divides the total market capitalisation … Read more
Billionaire investor and chair of Berkshire Hathaway Warren Buffett is known for investing in companies with intrinsic worth but undervalued by the market. He is seldom concerned with the stock market movements or the supply/demand factors and seeks ownership in quality businesses with the potential to generate revenue consistently. How does Buffett determine the intrinsic … Read more
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
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
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’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
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
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
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
