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Warren Buffett’s Berkshire Hathaway achieved a $1 trillion market capitalisation on Wednesday 28th August 2024, becoming the first non-technology company in the U.S. to reach this business accolade. The shares of the conglomerate, headquartered in Omaha, Nebraska, have surged over 28% in 2024, outperforming the S&P 500’s 18% increase. This major achievement came just two …
Warren Buffett’s Berkshire Hathaway significantly reduced its Apple stake last quarter, a surprising decision from the investor known for his long-term focus. The conglomerate, headquartered in Omaha, reported in its earnings filing that its investment in the tech giant was worth $84.2 billion at the end of the Q2, indicating it sold just over 49% …
Continue reading “Berkshire Hathaway sold nearly half its stake in Apple”
The Omaha-based conglomerate’s operating earnings totalled $10.761 billion last quarter, 40.6% higher than from the same quarter in 2022. Berkshire held a record level of cash at the end of September 2023 of $157.2 billion. The ‘Oracle of Omaha’ has been taking advantage of surging bond yields, buying up short-term Treasury bills yielding at least …
Continue reading “Berkshire Hathaway posts a 40% jump in operating earnings”
Investors are increasingly favouring short-term U.S. Treasury securities, with notable figures like Warren Buffett taking sizeable positions. This shift is driven by concerns over economic instability, fluctuating bond yields, and government spending. Short-term Treasuries, such as T-bills with maturities under a year, offer a safer haven compared to longer-term bonds, which are more vulnerable to …
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Warren Buffet Warren Edward Buffett is an American businessman, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. As a result of his immense investment success, Buffett is one of the best-known fundamental investors in the world. As of October 2023, he possessed a net worth of $117 billion making him the seventh-richest person in the world.
Warren Buffett is one of the most successful investors in the world, but he is also one of the most vocal critics of Bitcoin. Opinion not all agree These are some of the opinions that Warren Buffett has expressed about Bitcoin over the years. However, not everyone agrees with him, and some people think that …