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Warren Buffett poured his money into stocks this summerBillionaire Warren Buffet poured money into stocks this summer, according to a recent securities filing. The buying by the 'Oracle of Omaha' sent a strong signal to the markets about the strength of the economy. Here's the simplest guide you'll ever read on how to buy stocks It's Buffett with 2 t's. WarrenBuffett WarrenBuffett he has a lot of cash with not that much to pick from. I think those were his words !
Source: CNBC - 🏆 12. / 72 Read more »
Warren Buffett’s company Berkshire Hathaway quadruples 3Q profit on investment gainsWarren Buffett’s company more than quadrupled its third-quarter profits because of a huge paper gain in the value of its investments, although its insurance and railroad businesses also improved. Time to thank Trump for a healthy economy?
Source: USATODAY - 🏆 100. / 63 Read more »
Warren Buffett's Berkshire Hathaway's stock surges after earnings, first buybacks in 6 yearsShares of Warren Buffett's Berkshire Hathaway Inc. (Class B) surged 2.6% in premarket trade Monday, after the company revealed over the weekend better-than-expected third-quarter earnings and that it bought back stock for the first time in six years. The company disclosed it bought back $928 million worth of Class A and Class B shares during the quarter. The last time the company repurchased shares was December 2012, when it paid about $1.3 billion to buy back it's stock, including $1.24 billion to buy 9,475 Class A shares at an average price of $131,065.62 and $53.8 million to buy 606,499 Class B shares at $88.76. Through Friday's closing prices, the Class A shares have gained 135% and the Class B shares have rallied 133%. In comparison, the Dow Jones Industrial Average has gained 93% since the end of 2012 through Friday. Separately, the company reported third-quarter net earnings of $18.54 billion, or $7.52 per Class B share, compared with $4.07 billion, or $1.65 a share in the same period a year ago, boosted by equity security investment gains of about $11.4 billion included as a result of changes in accounting rules. Given the overweight position of $AAPL, I think the path ahead may be fraught with difficulty . Dang...it feels good to be a crony Thanks to Donald Trump.
Source: MarketWatch - 🏆 3. / 97 Read more »
Warren Buffett sends 'strong signal' to market with Berkshire Hathaway's $1 billion buybackBillionaire investor Warren Buffett was putting money to work in stocks this summer, including Berkshire Hathaway's own shares. he bought plenty of aapl stocks.. now down 5 billion or so on those! isnt if NO. 1 is a puzzle ............the dream never be done................ crypto market
Source: CNBC - 🏆 12. / 72 Read more »