Text size Ina Fassbender / AFP via Getty Images After Apple and Tesla recently announced stock splits, shares of each accounted for nearly 20%. Given those large gains, investors can expect more companies to follow high-priced stocks. That can frustrate anyone who believes in market efficiency. Pins are not intended. …
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AP Photo / Nati Harnik Rocket Companies, which owns Quicken Loans, went public Thursday and voted founder and chairman Dan Gilbert’s fortune to about $ 34 billion. Gilbert is close friends with Warren Buffett and has worked with the Berkshire Hathaway investor and CEO several times over the years. For …
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Mario Anzuoni / Reuters Berkshire Hathaway’s Warren Buffett saw an 11% drop in revenue in the second quarter, but nearly $ 30 billion in year-on-year investment gains meant its net income grew 86% to $ 26.3 billion. The investor’s famous conglomerate reported $ 13 billion in net sales last year, …
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Warren Buffett has cultivated a public persona that may not match reality, Tesla CEO Elon Musk told the New York Times. The Berkshire Hathaway billionaire investor and CEO “has managed to create a great image of himself as a kind grandfather, which may overstate the case,” Musk said. Musk said …
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Warren Buffett has cultivated a public persona that may not match reality, Tesla CEO Elon Musk told the New York Times. The Berkshire Hathaway billionaire investor and CEO “managed to create a great image of himself as a lovable grandfather, which may overstate the case,” Musk said. Musk said he …
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