Summary: 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: The article discusses how to buy shares of Berkshire Hathaway stock by analyzing its financial statements, considering its fit in the portfolio, determining the investment amount, opening a brokerage account, and executing the purchase.
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: Warren Buffett's sidekick Charlie Munger's absence will be felt at Berkshire Hathaway's annual meeting, raising questions about the company's future without them. Executives will address challenges such as growth strategies, capital allocation, and succession planning.
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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