|Bid||205.17 x 900|
|Ask||205.45 x 1300|
|Day's Range||204.07 - 205.79|
|52 Week Range||184.75 - 224.07|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||8.17|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||244.67|
The legendary Charlie Munger joins CNBC's Becky Quick to share his expertise of China. They discuss the on-going U.S.-China trade talks, what he thinks of President Trump's calls about making sure free trade is fair, and other geopolitical tensions in the world.
Berkshire Hathaway vice chairman Charlie Munger spoke with CNBC's Becky Quick about Amazon abandoning its plans for a New York City headquarters and how states like New York, Connecticut and California are driving out the wealthy through high taxes.
Legendary investor Warren Buffett uses these twelve investing tenets when determining the future value of a company's stock. and whether he will buy or sell.
The Oracle will probably address at least some of these topics when his shareholder letter is released on Saturday
investment fund dumped its entire stake in the software group only months after revealing its $2 billion investment. Berkshire Hathaway's portfolio of around 90 U.S.-listed stocks lost around $38 billion in value over the three months ending in December, the SEC filings noted, as the S&P 500 slumped nearly 15% in a global market sell-off triggered by slowing growth and a then-hawkish U.S. Federal Reserve.
Apple's video service hasn't launched yet, but already one analyst is downplaying its impact on the company. Apple stock dipped after Berkshire Hathaway cut its stake in the company Friday.
** S&P 500 gains 2.5 pct, fueled by U.S.-China trade optimism. President Trump on Fri said the U.S. is closer than ever before to having a "real" trade deal with Beijing ** This as the DJI picked ...
Berkshire Hathaway (NYSE:BRK.A) has filed its final 13f report for 2018 detailing its stock investments and, as usual, people are poring over it like Cold War Kremlinologists … the headlines, however, screamed about Buffett selling out of Apple (NASDAQ:AAPL) stock.Source: Shutterstock The report showed the portfolio losing $38 billion during the quarter, almost 21% of its value, during the worst bear market since the 2008 financial meltdown. Berkshire stock fell about 6.5% during the period.But Berkshire only sold about 1% of its Apple stock. AAPL remains the largest holding in the portfolio, and it reportedly wasn't even Buffett doing the selling. The company's "basis" in the shares, its average purchase price, is $126. Apple was due to open on February 15 at $170.40 per share.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Hot Stocks Leading the Market's Blitz Higher Buffett Likes BanksBuffett started as a stock investor, Berkshire as a sort of mutual fund representing his investments.As Berkshire grew, however, it began buying entire companies, and is now primarily an insurance firm with brands like GEICO and Homestate. Berkshire is also a major electrical utility, one of the largest solar energy investors in the U.S.To the extent it matters to Berkshire Hathaway shareholders, its stakes in other companies are its "mad money," an investment pool that's an alternative to the usual insurance industry practice of buying bonds or index funds. The 13f lists 14 fund managers, one for each insurance company.Still, journalists tell us, this is Warren Buffett, he must know something.Buffett knows the value of time. Buffett also knows finance. Buffett knows that banking and insurance are great businesses to be in. Buffett also knows how to take advantage of a huge cash position. This brought the decade's biggest win, warrants in Bank of America (NYSE:BAC).The warrants were purchased at the peak of the 2008 crisis. The warrants cost $5, each convertible into a share of common stock which opened for trade Feb. 15 at $28.39. This is nice work if you can get it. You can if you have billions of dollars in cash and don't lose your nerve. Berkshire now owns about 9.5% of the bank. Bank of America is now Berkshire's second-largest holding.The big news in this report is a renewed bet on big banks. New money went into US Bancorp (NYSE:USB), JPMorgan Chase (NYSE:JPM), PNC Financial (NYSE:PNC), and Bank of New York Mellon (NYSE:BK).The 13f shows Berkshire reducing its stake in Wells Fargo (NYSE:WFC), which has been under pressure over its various scandals and opened at $48.80. But Berkshire's cost basis in this stock is $24 per share.The big lesson of Berkshire Hathaway is to buy good companies and let time do your work. Even if they falter, you will still have a profit. Berkshire Hathaway and Tech LossesThat is also the lesson of Apple.Buffett has said in the past he doesn't like tech and doesn't understand it. Maybe we should take him at his word. Apple is less a computing play than a company built on consumer products and services.Early in 2018 Berkshire sold entirely out of IBM (NYSE:IBM), and the big tech news here may be that he's getting back in, having bought stock in Red Hat (NYSE:RHT), which IBM is now acquiring.Buffett's biggest tech mistake now may be Oracle (NASDAQ:ORCL), which Berkshire exited during the quarter at about break-even. The Bottom Line on Berkshire HathawayApple's stock price collapse after it reported earnings in October cost Buffett's portfolio almost $17 billion, the value of its stake plunging from almost $57 billion to about $39.4 billion. It still represented 21.5% of the portfolio at year-end and was its largest holding.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AAPL and JPM. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? * 7 Strong Buy Stocks With Over 20% Upside * 7 Reasons Stock Buybacks Should Be Illegal Compare Brokers The post Buffett Goes Bigger on Banks, Pumps Brakes on Apple Stock appeared first on InvestorPlace.
Warren Buffett, chairman and CEO of Berkshire Hathaway (BRK.B, $202.78), sold a teensy bit of Apple (AAPL) stock in the fourth quarter of 2018, took new stakes in three companies, dumped one position just a few months after initiating it, and continued to go bonkers for bank stocks.Indeed, the Oracle of Omaha made a total of 17 buys and sells during the three months ended Dec. 31. And because it can be instructive to see what Buffett has been up to, we took a closer look at Berkshire's latest changes to its equity portfolio.We know what the greatest value investor of all time has been doing because the U.S. Securities and Exchange Commission requires all investment managers with more than $100 million in assets to file a Form 13F quarterly to disclose any changes in share ownership. These filings add an important level of transparency to the stock market, and give Buffett-ologists a chance to get a bead on what he's thinking.When Buffett starts a new stake in some company, or adds to an existing one, investors take that as a vote of confidence. On the other hand, if he pares his holdings in a stock, it can spark investors to rethink their own investments.Here's the scorecard for what Berkshire Hathaway bought and sold during the last three months of 2018, based on the most recent 13F, filed on Feb. 14. (Keep in mind that not all "Warren Buffett stocks" are actually his picks - some smaller positions are believed to be handled by lieutenants Ted Weschler and Todd Combs.) SEE ALSO: 57 Dividend Stocks You Can Count On in 2019
Warren Buffett and top hedge funds sold tech stocks like Apple, Netflix, Facebook and Alibaba in Q4, though the "Oracle of Omaha" bought bank stocks and GM.
Berkshire Hathaway added a surprisingly small amount of stocks to its huge equity portfolio during the fourth-quarter market decline.
The Dow Jones Industrial Average built a 1.3% gain, while the Nasdaq rose only 0.3%. Small caps also were strong in late morning trade.
As I recently speculated, Warren Buffett (Trades, Portfolio) was busy using some of his enormous cash pile at Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) to increase the size of his equity portfolio during the fourth quarter of last year. Warning! GuruFocus has detected 2 Warning Sign with BRK.A. Click here to check it out. At the last count, Berkshire's cash pile was in excess of $100 billion, and in the third quarter of 2018, we know he used around $12 billion to boost the value of his investments in companies like Apple (AAPL) and Bank of America (BAC) and initiate to a new position in JPMorgan (JPM).
Is Warren Buffett Still Optimistic about Apple?Warren Buffett On February 14, Berkshire Hathaway (BRK-B) released its fourth-quarter 13F. The company trimming its stake in Apple (AAPL) and exiting Oracle (ORCL) were the most notable changes.
Warren Buffett's Investments: Did He Play It Safe in Q4?(Continued from Prior Part)Apple stake In the fourth quarter, Berkshire Hathaway (BRK-B) trimmed its stake in Apple (AAPL) ~1.0%. Warren Buffett started buying Apple in 2016. Berkshire Hathaway
Berkshire Hathaway decreased its stake in Apple by nearly 3 million shares, to 249.5 million, in the fourth quarter, but Warren Buffett reportedly had nothing to do with the selling.
The large, integrated Canadian oil company presented the type of investing opportunity Warren Buffett and his stock-picking lieutenants couldn't pass up.
“A lot of civilizations work very well with low taxes on the rich,” Munger, 95, said in an interview Thursday after the annual shareholder meeting in Los Angeles of the Daily Journal Corp., where he serves as chairman. Democratic policy makers including Senator Elizabeth Warren and Representative Alexandria Ocasio-Cortez have advocated raising taxes on the rich. Munger, a Berkshire Hathaway Inc. vice chairman who owned more than $1.4 billion in company stock as of September, argued there’s a “lot of ignorance” around the tax issue.