spot_img
17.6 C
New York
spot_img
HomeTagsWarren

Tag: Warren

Warren Buffett significantly increases Chevron bet, now in Berkshire’s top 4 positions

Berkshire Hathaway added to its Chevron bet significantly during the first quarter, making the energy stock the conglomerate's fourth biggest equity holding.The "Oracle of Omaha's" Chevron investment was worth $25.9 billion at the end of March, the company's first-quarter filing Saturday showed, a...

Warren Buffett gives his most expansive explanation for why he doesn’t believe in bitcoin

Bitcoin has steadily been gaining acceptance from the traditional finance and investment world in recent years but Warren Buffett is sticking to his skeptical stance on bitcoin.He said at the Berkshire Hathaway Annual Shareholder meeting Saturday that it's not a productive asset and...

Warren Buffett rips Wall Street for turning the stock market into ‘a gambling parlor’

Berkshire Hathaway CEO Warren Buffett lambasted Wall Street for encouraging speculative behavior in the stock market, effectively turning it into a "gambling parlor."Buffett, 91, spoke at length during his annual shareholder meeting Saturday about one of his favorite targets for criticism: investment banks...

What to expect from Warren Buffett and Charlie Munger

Warren Buffett is set to kick off Berkshire Hathaway's annual shareholder meeting Saturday on a high note, with the "Oracle of Omaha" finally back in the deal-making game and the conglomerate's outperforming stock crossing a key milestone.With tens of thousands of shareholders in attendance, this...