|Bid||215.13 x 1800|
|Ask||215.30 x 900|
|Day's Range||213.60 - 215.60|
|52 Week Range||159.50 - 231.61|
|Beta (5Y Monthly)||0.78|
|PE Ratio (TTM)||0.02|
|Earnings Date||Nov 02, 2020 - Nov 06, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||217.50|
Yahoo Finance’s Ines Ferré joins The First Trade with Alexis Christoforous and Brian Sozzi to discuss Warren Buffett's latest record investment in Berkshire Hathaway.
For decades, few if any investors have been able to hold a candle to Warren Buffett's performance. As CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), Buffett has led his company's share price to a compound annual return of 20.3% over the past 55 years. Thus, with Berkshire Hathaway lifting the hood on its second-quarter operating results this past weekend, there were a lot of curious shareholders and prospective investors wondering how Buffett and his company navigated through the most challenging quarter in decades.
The second quarter was a horrendous one for the energy sector as crude oil prices and demand cratered because of COVID-19. Overall, it wrote down $6.6 billion in assets during the quarter, with some of that attributed to its high-priced acquisition of Anadarko Petroleum.