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 …
Read More »Buffett joins his bet at his favorite bank: BofA
Berkshire Hathaway now owns 981.6 million Bank of America shares worth around $ 24 billion. Houston Cofield / Bloomberg Text size Bank of America is Warren Buffett’s favorite bank. Berkshire Hathaway (ticker: BRK.B) collected 33.9 million shares last week, paying around $ 810 million, or an average price of around …
Read More »Warren Buffett invested $ 800 million in Bank of America, increasing his stake to more than 11%
Warren Buffett disbursed more than $ 800 million in Bank of America shares this week. The billionaire investor and Berkshire Hathaway chief bought nearly 34 million shares, raising his stake in the bank to approximately 11.3%, SEC filings show. Bank of America shares have fallen 32% this year, suggesting that …
Read More »Warren Buffett Gets $ 40 Billion From Giant Apple Share From March Fund
Warren Buffett. Gerald Miller | CNBC An off-brand move to build up in Apple stock could have been Warren Buffett’s biggest trade. Berkshire Hathaway’s stake in Apple, which has claimed 40% of its share portfolio, has increased a whopping $ 40 billion since the market bottom in March. The investment …
Read More »Warren Buffett may have repurchased more than $ 5 billion in Berkshire Hathaway stock in recent weeks.
Warren Buffett may have repurchased more than $ 5 billion in Berkshire Hathaway stock in recent weeks. The famous investor revealed its stake in Berkshire in a presentation last week, suggesting that the number of shares outstanding fell by about 1.2% between April 23 and July 7. “It involves relatively …
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