206.16 0.00 (0.00%)
Pre-Market: 9:02AM EST
|Bid||205.50 x 1400|
|Ask||206.50 x 3000|
|Day's Range||204.93 - 206.92|
|52 Week Range||184.75 - 224.07|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||8.21|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||244.67|
One of the most widely read documents of the investment calendar is scheduled to be released on Saturday. All eyes will be on whether Buffett, now 88, gives any indication of when he may retire. The presumption is that, absent Buffett, we lose all hope of duplicating in the future his outstanding past performance.
Berkshire Hathaway Inc.’s 2018 Annual Report to the shareholders will be posted on the Internet on Saturday, February 23, 2019, at approximately 8:00 a.m. eastern time where it can be accessed at www.berkshirehathaway.com.
is always on the hunt for “elephants,” as he calls large acquisitions. One reason: The Omaha, Neb., billionaire faces unprecedented competition from private equity and other funds looking to make fast acquisitions, often at higher prices than Mr. Buffett is willing to pay.
As U.S. stocks rounded out the worst year since the financial crisis, Berkshire Hathaway Inc. spent less than $2.2 billion on net purchases of common stock in the fourth quarter. Berkshire’s chief executive officer has struggled to find sizable and well-priced deals recently that could make a large dent in his cash problem. Investors will get a glimpse of just how much money Berkshire had at the end of the year with Saturday’s letter.
BOSTON—A health-care joint venture launched by Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co. is looking at how to redesign health insurance, among other efforts, according to newly unsealed court testimony from an executive at the health startup. Chief Operating Officer Jack Stoddard shed some light while testifying in federal court in Boston late last month. In testimony unsealed Wednesday, Mr. Stoddard said the venture is focusing on the complexity of health insurance and asking if it can “reinvent what insurance looks like in terms of benefit design?” He said workers are often confused about what their plans cover.
Warren Buffett (Trades, Portfolio) is not called the Oracle of Omaha for nothing. Many times throughout his long career, the boss of Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) has made stellar investments in companies the rest of the market was ignoring. Thus, when Berkshire takes a significant stake in a company, it tends to turn heads.
This weekend, Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) will release its annual report for 2018 and, more importantly, Warren Buffett (Trades, Portfolio) will publish his annual letter to investors in Berkshire Hathaway. Warning! GuruFocus has detected 2 Warning Sign with BRK.A. Click here to check it out. Investors look to the Oracle of Omaha's letter for his insights on the current market environment, as well as his views on the outlook for Berkshire Hathaway and any insights he may offer into the conglomerate's investment portfolio and potential deals he may be eyeing up.
OMAHA, Neb. (AP) — Billionaire Warren Buffett's company has taken a new stake in Canadian firm Suncor Energy and trimmed its huge Apple stake.
Embattled German lender Deutsche Bank lost $1.6 billion on a single bond trade that involved insurance from Warren Buffett's Berkshire Hathaway, according to The Wall Street Journal. The bank bought a $7.8 billion portfolio of municipal bonds in 2007, according to the report. Deutsche Bank bought default protection on the bonds from Berkshire the following year, paying $140 million in the transaction.
The loss, which hasn’t previously been reported, represents one of Deutsche Bank’s largest ever from a single wager—roughly quadruple its entire 2018 profit—and ranks as one of the banking industry’s biggest soured bets in the last decade. Deutsche Bank resisted for years reducing the value of those bonds and related derivatives on its books to a level that markets suggested they were worth, and it brushed aside concerns raised by the bank’s financial auditors about how it was valuing the trade, according to internal bank documents and people involved in discussions about the investment. During that time period, the bank was telling investors its internal financial controls were sound, and it raised billions of dollars in the capital markets without any disclosure of the bond valuation issue.
Berkshire Hathaway Inc's re-investment in Suncor Energy Inc highlights the benefits of being an integrated oil company and could revive investor interest in the languishing Canadian energy sector, fund managers said. The move is also seen by some as a wager the energy sector could benefit from a change in the guard in Canada's oil-rich Alberta province, which has an election this year. Berkshire's new 0.7 percent stake in Suncor, valued at C$488 million ($370.54 million) at current prices, is already worth 23 percent more since Berkshire bought it in the last quarter.
Why Charlie Munger Doesn’t Think Elon Musk Is HireableCharlie Munger Billionaire investor and vice-chairman of Berkshire Hathaway (BRK-B) Charlie Munger is known to be very straightforward—just like his business partner, Warren Buffett. Last week
Buffett and Gundlach Might Have Some Bad News for TrumpBuffettLast week, Berkshire Hathaway (BRK-B) released its fourth-quarter 13F. Berkshire chair Warren Buffett is known for his value investing. However, Berkshire’s buying activity was
Banking on an growing interest rate and strategic initiatives, Hartford Financial (HIG) promises to garner hefty returns for investors.
Is Warren Buffett Expecting a Market Crash?(Continued from Prior Part)Buffett’s take on Apple As noted previously, Berkshire Hathaway (BRK-B) sold some Apple (AAPL) stock in the fourth quarter. While Berkshire trimmed its stake in Apple by roughly
Earlier this month, Charlie Munger (Trades, Portfolio), the 95-year-old vice chairman of Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) and chairman of the Daily Journal Co. (DJCO), hosted the Daily Journal's annual meeting. Warning! GuruFocus has detected 2 Warning Sign with BRK.B. Click here to check it out. Munger spoke for about two hours on various topics and answered several questions from the audience at the end of his prepared remarks.
Texas officials are sharpening their focus on the Bay Area’s strong suit: technology and life sciences companies.
How George Soros Played the Market in Q4(Continued from Prior Part)George Soros’ key exitsGeorge Soros exited its position in Apple (AAPL) during the fourth quarter. Soros, however, was not alone is unloading the stock. Many others, including
The most popular missives we write are associated with Warren Buffett (Trades, Portfolio)'s annual letter to shareholders and the annual shareholder meeting in Omaha. This year, we thought it would be fun to channel Buffett and attempt to write his letter for him. In effect, our goal is to predict what matters to him as a portfolio manager of private and public businesses.
In the first part of chapter four of "The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market," author Tobias Carlisle explained how the dynamics of Warren Buffett (Trades, Portfolio)'s investing strategy changed in the late 1960s and early 1970s. Warning! GuruFocus has detected 2 Warning Sign with BRK.A. Click here to check it out. No longer did Buffett focus simply on hard assets, as he had done as a disciple of Benjamin Graham.
Is Warren Buffett Expecting a Market Crash?(Continued from Prior Part)Warren BuffettLast week, Berkshire Hathaway (BRK-B) released its much-anticipated 13F for the fourth quarter. Berkshire added more shares of US Bancorp, JPMorgan Chase, Bank of