Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nevada on May 3, 2024. David A. Grogen | CNBC OMAHA, Nebraska — Warren Buffett’s Berkshire Hathaway cut its gigantic Apple stake in the first quarter as the “Oracle of Omaha” continued to downsize his one-time favorite bet. In its … Read more
Tim Cook and Warren Buffett Getty Images (L) | CNBC (R) Berkshire Hathaway‘s Warren Buffett was still using a flip phone as late as 2020, four years after his investment behemoth started amassing a huge stake in the company that makes iPhones. “I don’t understand the phone at all, but I do understand consumer behavior,” … Read more
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan When Warren Buffett kicks off Berkshire Hathaway‘s annual shareholder meeting on Saturday, the absence of Charlie Munger will be on everyone’s mind. Some 30,000 rapt shareholders are descending on … Read more
Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Berkshire Hathaway, led by legendary investor Warren Buffett, has been making a confidential wager on the financial industry since the third quarter of last year. The identity of the stock — or stocks — that … Read more
Larry Swedroe, who is considered one of the market’s most esteemed researchers, thinks Warren Buffett’s investment style doesn’t work well anymore. He cites the number of professional Wall Street firms and hedge funds now participating in the market. “Warren Buffett was generally considered the greatest stock picker of all time. And, what we have learned … Read more
Warren Buffett, the legendary investor, famously said, “It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price”. This timeless wisdom underscores the essence of value investing. The strategy revolves around identifying quality companies trading below their intrinsic value, a philosophy epitomised by Buffett and … Read more
ETMutualFunds reviewed the performance of passive mutual funds in FY24 (April 1, 2023 to date). They have offered an average return of around 34.86% during the period. CPSE ETF, the topper on the list, offered 97.76% in FY24. Motilal Oswal S&P BSE Enhanced Value ETF offered 86.87%. Around 80 passive mutual funds have given over … Read more
Eicher Motors. Share Price 3882.80 09:41 AM | 20 Mar 2024 165.96(4.47%) Maruti Suzuki India. Share Price 11884.75 09:41 AM | 20 Mar 2024 287.71(2.49%) Bharat Petroleum Corporation. Share Price 570.85 09:41 AM | 20 Mar 2024 13.15(2.36%) IndusInd Bank. Share Price 1462.05 09:41 AM | 20 Mar 2024 27.96(1.95%) Bajaj Auto. Share Price 8772.90 … Read more
As investors continue to pour money into stocks and equity funds, asset managers are raising more cash in their portfolios. February month data shows that the total cash pile at equity mutual funds rose for the second consecutive month to 4.82% of total assets under management (AUM) at Rs 1.33 lakh crore. SBI Mutual Fund … Read more
COO and President Dan Sheridan of Brooks Running Courtesy: Brooks The longtime CEO of Berkshire Hathaway’s Brooks Running, Jim Weber, is stepping down after more than 20 years in the top job, the company will announce Tuesday. Brooks veteran Dan Sheridan, who started at the running company in a marketing role in 1998 and worked … Read more
