Buffett's Berkshire Hathaway bought 143,424 shares of VeriSign, an Internet infrastructure services company, for $28.55 million in the three trading days ending on the 24th, according to the latest filings. With previous purchases, Berkshire now owns 13.7% of VeriSign's issued shares, worth nearly $2.70 billion. According to reports, one reason for Buffett's interest in VeriSign may be that it ranks highly in various profit margin indicators of companies in the S & P 500 Index.
Michael Thaler says Berkshire Hathaway's $325 billion cash pile is losing $32 billion a year and claims he can convince Warren Buffett to accept Bitcoin.
1. Berkshire Hathaway A (BRK. A.N) ended the third quarter with cash reserves of $325.20 billion, another record high, and ended the second quarter with $276.90 billion. 2. Berkshire Hathaway A (BRK. A.N) reduced its stake in Apple from 400 million shares in the second quarter to 300 million shares in the third quarter, a decrease of 25%. 3. Berkshire Hathaway A (BRK. A.N) third quarter revenue of $92.995 billion and net profit of $26.251 billion, both better than market expectations. 4. Berkshi...
Buffett's Berkshire Hathaway sold 8.694538 million shares of Bank of America, cashing out $369.90 million.
Buffett cut Berkshire's heavy stake in Apple in the first half of this year, but the decision has attracted widespread attention as Apple's share price has rebounded rapidly.
Buffett's Berkshire Hathaway has sold $383 million worth of Bank of America shares in the past three trading days, according to a new regulatory filing. This is the company's 14th round of selling BofA shares since mid-July, and it has cashed out more than $10 billion. Berkshire still holds about 10.1% of BofA's shares, worth about $31.40 billion. (Gold Ten)
7:00-12:00 Keywords: Japan, US stocks, Berkshire, SEC 1. Japan's Topix index futures trigger a circuit breaker mechanism upwards; 2. US stock index futures expanded their gains, while European stock index futures rose simultaneously; 3. Berkshire's cash reserves are higher than the total market capitalization of cryptocurrencies. 4. US lawmakers are calling on the CFTC to ban election gambling such as Polymarket. 5. The total market capitalization of the crypto market returned above 2 trillion d...
On August 6th, Buffett's Berkshire Hathaway Q2 cash reserves reached a record $276.90 billion. According to Coinmarketcap data, the total market value of all stablecoins in the cryptocurrency market is about $171.90 billion, which is lower than Berkshire Hathaway's cash holdings.
Berkshire Hathaway CEO Warren Buffett sold $90 billion of stock in the first half of the year, sitting on $277 billion in cash and holding more Treasuries than the Federal Reserve. Musk responded that he is basically the Federal Reserve.
Berkshire Hathaway is selling 33.90 million shares of Bank of America worth $1.48 billion.
Buffett's Berkshire Hathaway reduced its stake in BYD (01211.HK) from 6.18% to 5.99%.
On June 4th, the US stock market closed on Monday, the Dow index initially closed down 110 points or 0.3%, the S & P 500 index rose slightly, and the Nasdaq index rose 0.56%. Game Station (GME. N) rose 21%, NVIDIA (NVDA. O) rose 4.9% to a new closing high, and plunged 99.97%. Berkshire Hathaway (BRK. A.N) closed up 0.6% at about $631,000/share. Nasdaq China Golden Dragon Index closed down 0.35%.
Asked about the distribution of responsibilities between Mr. Abel and his two investment deputies, Todd and Ted, when he took over at Berkshire, Mr. Buffett said the decision would be left to Berkshire's board and that when he was gone, he might try to "come back and see if they did things differently". But Mr. Buffett stressed that if he had been on the board at that time, he might have left responsibility for capital allocation to Mr. Abel based on what he knew about Abel, because...
Berkshire's major investments will always be in the United States, Buffett said, while noting that its largest holdings, such as Coca-Cola and American Express, operate around the world. Buffett said Berkshire is unlikely to make major mistakes if it insists on investing domestically. "I understand the rules, the weaknesses, the strengths, whatever it is... I don't know other cultures very well, but luckily I don't have to," he said.