Wern Run Buffett of Berkshire Hathaway Getty Images Omaha, Nab. – Warren Buffett’s organization reported a 3% increase in its third-quarter profit as the value of its investment portfolio increased, but Berkshire Hathaway said the coronavirus epidemic damaged a variety of businesses, such as the BNSF railroad. Berkshire BRKB, + …
Read More »
“The rich get richer” does not even begin to tell the story today. According to the Institute for Policy Studies, the wealth of the top 12 billionaires in the US recently exploded to more than one trillion dollars – yes, 13 figures. The statistic is obviously an eye-popping figure on …
Read More »
Warren Buffett has long been critical of gold as an investment, saying it “has no use” and that “magic metal” does not match “American mettle.” He once wrote that “Anyone who sees Mars will scratch his head” about how we treat the shiny game on this planet. However, the Berkshire …
Read More »
Warren Buffett once wrote that investors would have seen the dot-com crash from a mile away if they had paid attention to what he described in a 2001 Fortune article as “probably the best single measure of where valuations at any given moment stand. “ Known in investment circles as …
Read More »
Warren Buffett has said he would not invest in Tesla. On top of that, the Berkshire Hathaway chief’s right hand once claimed that Elon Musk “may be overestimated.” Musk, for his part, admitted in May that he “is not Buffett’s biggest admirer.” Two months later and not much has changed, …
Read More »