Warren Buffett makes 'good start' in spending Berkshire cash: analyst - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Warren Buffett has made a 'good start' towards spending his $137 billion cash pile, Berkshire Hathaway analyst says

Buffett has ample bandwidth to do more of the same, Shanahan told Business Insider. Berkshire might still be sitting on about $135 billion, he said, thanks to the proceeds from its"There could be a lot more opportunity in the energy/utility space," Shanahan said. "There is still a lot of dry powder available for deals or buybacks. The huge amount of cash is a drag on earnings."

"If Berkshire cannot identify attractive deal opportunities or undervalued stocks, buybacks are a good use of cash," he continued. Shanahan also pointed out that Berkshire has only spent about $13 billion on buybacks over the past two years, a tiny fraction of its roughly $460 billion market capitalization.for decades, arguing they benefit shareholders if the company has the cash to spare, and the stock is trading at a material discount to the company's intrinsic value.Disclosure: TD Ameritrade is a partner of Insider, Inc.'s business development team, which is separate from its editorial department.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

I thought he pledged to donate it all to charity...

Does this mean what I think it means? (Talk to me, tell me your name, you blow me off like it’s all the same 🎶)

I mean, if he needs any help... 🙋‍♀️

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Elon Musk is wealthier than Warren Buffett, might not be justified - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. But is he a decent human? Good to others and the planet?What really counts. What all these businesspeople need to learn with all their wealth... Because only 50% of the world buys it. Warren gave half of his fortunes to the poor. He is always a rich
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Business Insider's best investing stories of the week ended July 14 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Business Insider webinar with one-click checkout startup Fast - Business InsiderJoin us today at 1:30 p.m! Business Insider payments reporter Shannen Balogh will speak with Domm Holland, Fast's co-founder and CEO, about how he came up with the idea for the company and Jan Hammer, general partner at Index Ventures. This is DOA
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

SUCCESS INSIDER: Leaving a job during a recession, McKinsey, Hamilton - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Verizon unveils socially conscious business plan, Citizen Verizon - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Disagree. Jobs are temporary and go away. As a youth football coaching legend, I am convinced our great football players can be happy working for Verizon as long as we go all-in on reducing CO2 usage.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »