Buffett’s Berkshire Pounces on Market Slump to Buy Equities

(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. is following an age-old adage: Buy the dip.Most Read from BloombergR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItBuffett’s Berkshire Pounces on Market Slump to Buy EquitiesTurkish Banks Are Adopting Russian Payments System, Erdogan SaysYOLO Stock Bulls Say Wake Me When Fed Tightening Starts to BiteChina Announces Sanctions on Nancy Pelosi Over Taiwan TripThe conglomerate was a net buyer of equities in the qua

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  Berkshire Hathaway posts $43.8 billion loss as stock holdings tumble

  Reuters
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  Buffett's Berkshire: Investments Faced Loss, Operating Earnings Rose

  TheStreet.com

Berkshire Hathaway posts $43.8 billion loss as stock holdings tumble

(Reuters) -The slide in U.S. stock prices punished Berkshire Hathaway Inc's bottom line in the second quarter, as the conglomerate run by billionaire Warren Buffett on Saturday reported a $43.8 billion loss. Berkshire nevertheless generated nearly $9.3 billion of operating profit, as gains from reinsurance and the BNSF railroad offset fresh losses at the Geico car insurer, where parts shortages and higher used vehicle prices boosted accident claims. Despite the huge net loss, "the results show Berkshire's resilience," said James Shanahan, an Edward Jones & Co analyst who rates Berkshire "neutral."

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  Berkshire Hathaway’s Earnings Fall, Hurt by Market Volatility

  The Wall Street Journal
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  Buffett's Berkshire: Investments Faced Loss, Operating Earnings Rose

  TheStreet.com

‘We are in a recession’: Long-time bull Cathie Wood is warning investors about the ‘big problem’ in today's economy. Here are 3 stocks she likes now

The super investor still sees opportunities ahead.

2 Big Dividend Stocks Yielding at Least 8%; Raymond James Says ‘Buy’

Are markets down, or up? Stocks went into a true bear market earlier this year, but the last few weeks have seen a strong rally. The S&P 500 has gained 13% from its mid-June trough, and the NASDAQ is up 19%. Put shortly, the last few weeks have been good for investors. This doesn’t mean, however, that we’re out of the woods. There are plenty of roadblocks still ahead to trip up an unwary investors, and Chief Investment Officer Larry Adam, from Raymond James, doesn’t hesitate to lay them out. “In