Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska, on May 3, 2024. David A. Grogan Warren Buffett’s Berkshire Hathaway has scooped up more shares of Occidental Petroleum over each of the past nine trading sessions, driving his gigantic stake in the Houston-based oil and gas producer to … Read more
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024. CNBC Berkshire Hathaway, an early investor in BYD thanks to the late Charlie Munger, continued to trim its massive stake in China’s biggest electric vehicle maker. Warren Buffett’s conglomerate has sold an additional 1.3 million Hong Kong-listed shares … Read more
Every year, before the Berkshire Hathaway shareholders meeting, hundreds of people line up outside the CHI Health Center Arena in Omaha, Nebraska, to hear Warren Buffett speak. Some people come for investing tips. Others crave Buffett’s life advice, as CNBC Make It reported last month. But despite his reputation, Buffett wasn’t always a natural orator. … Read more
Chubb CEO Evan Greenberg told CNBC’s Jim Cramer on Thursday that climate change is one factor that’s driving the price of insurance. “Climate change has created tremendous volatility, and it continues to evolve,” Greenberg said. “And the concentrations of values in areas where, where the climate – the impact of the climate – is greatest … Read more
Traders and floor officials react to technical issues on the floor at the New York Stock Exchange on June 3, 2024. Brendan McDermid | Reuters A technical issue on Monday caused the A-class shares of Warren Buffett’s Berkshire Hathaway to appear to be down nearly 100% on the New York Stock Exchange for most of … 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
Bill Gates and Warren Buffett have given each other a few tips over the course of their friendship, which has lasted for more than three decades and counting. One of those lessons is something Gates wishes he’d learned a lot sooner, to clear up his busy schedule — and possibly even made him happier and … Read more
Trucks wait to enter the Port of Los Angeles in Los Angeles, California, US, on Monday, Dec. 4, 2023. The US Census Bureau is scheduled to release trade balance figures on December 5. Photographer: Eric Thayer/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images The latest shipping data is beginning to reveal what U.S. … Read more
Warren Buffett holds a unique place in the hearts and minds of investors all over the world. A key trait helped him reach such prestige, according to Harvard University leadership expert Bill George: Buffett, the longtime CEO of holding company Berkshire Hathaway, found the “sweet spot” between doing something he’s good at and doing something … Read more
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC Warren Buffett finally revealed his secret stock pick in a new regulatory filing, and it’s insurer Chubb. His conglomerate Berkshire Hathaway has bought nearly 26 million shares of Zurich-based Chubb for a stake worth $6.7 billion. The … Read more
