Summary: Lee Munder Capital Group Investments ranks Berkshire Hathaway Inc. (BRK-A) as the 6th top stock pick. As of Q3, BRK-A had 120 hedge fund holders and LMCG's equity stake was $30.18 million.
Full articleSummary: Warren Buffett's Berkshire Hathaway has sold a portion of its stake in Bank of America, offloading approximately $550 million worth of stock.
Full articleSummary: Ross Ferrier, a branch manager and portfolio manager with Commerce Valley Financial Group at CIBC Wood Gundy, talks about his money lessons growing up, his time as a professional baseball player, and advice he received from Warren Buffett.
Full articleSummary: Berkshire Hathaway is cutting its stake in Chinese EV maker BYD Company by selling nearly $40 million worth of BYD stock. The sale reduced Berkshire's holding from 7% to 6.9%, potentially due to tariffs on Chinese EVs and increased competition, particularly from Tesla in the international market.
Full articleSummary: Berkshire Hathaway to pay nearly $1 million to settle antitrust law violation with the U.S. government related to its stake in USG, Berkshire admitted mistake, but stated shares were acquired for investment purposes.
Full articleSummary: Big earnings week on Wall Street with Berkshire Hathaway reporting first quarter operating income of $11.2 billion, up 39% from the prior year. Other companies like Walt Disney, Warner Bros. Discovery, Uber, Lyft, Airbnb, Roblox, Palantir, and Shopify are also reporting their results this week. Trending tickers include MSTR, MARA, and AMD.
Full articleSummary: Berkshire Hathaway held its annual shareholders meeting, the first without Charlie Munger, where Warren Buffett discussed various topics including investment decisions, artificial intelligence, and the company's cash holdings. The company's primary investments will continue to be in the United States.
Full articleSummary: Berkshire Hathaway's annual shareholders meeting discussed Warren Buffett's thoughts on the company's investments, AI impact, overseas investments, and succession plans, as well as highlighting the importance of the US government's deficit over Federal Reserve policy.
Full articleSummary: Berkshire Hathaway reported a significant drop in first-quarter profits due to a decline in paper value of investments, but most of its owned businesses performed well. Operating earnings jumped 39%, cash pile reached a record $188.993 billion, and company remained a net seller in stocks.
Full articleSummary: Berkshire Hathaway reported a steep drop in earnings due to decrease in paper value of investments and partial sale of Apple stake, but operating earnings increased significantly. BNSF railroad's profits decreased while overall revenue grew. Tens of thousands filled the arena for Warren Buffett's annual meeting, missing Vice Chairman Charlie Munger who passed away recently. Ajit Jain and Greg Abel are in spotlight for future leadership roles in the company.
Full articleSummary: Warren Buffett will be addressing shareholders at Berkshire Hathaway's 2024 Shareholder Meeting, discussing Charlie Munger's absence, the company's financial performance, potential stock purchases, and succession plans.
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