Tag: Berkshire Hathaway

Activity, Investment Banking

Warren Buffett sells stakes in two banks, buys into Capital One

May 16, 2023

Via: Yahoo

Warren Buffett cut his exposure to two more banks last quarter while buying new stock in Capital One (COF). The billionaire’s investment conglomerate Berkshire Hathaway (BRK-A) (BRK-B) sold $1.4 billion of its remaining holdings in custody bank Bank of New […]

Activity, Corporate Banking

Berkshire Hathaway Just Cut Its Stake in This Longtime Holding by More Than Half

November 16, 2022

Via: Yahoo

In a filing last week, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), the massive conglomerate run by legendary investor Warren Buffett, reported that it had significantly trimmed its position in large regional lender U.S. Bancorp (NYSE: USB). Berkshire and Buffett first purchased […]

Capital and Risk, Insurance

Berkshire: Negative Q3 Insurance Results Due to Catastrophe, Auto Losses

November 7, 2022

Via: Insurance Journal

Berkshire Hathaway’s insurance business recorded an after-tax underwriting loss of $962 million (a pre-tax loss of $1.15 billion) in the third quarter, a decrease of $178 million from 2021, as catastrophe losses and increases in private-passenger auto frequency offset underlying […]

Capital and Risk, Trading

3 Buffett Stocks to Buy Amid High Inflation and Rising Interest Rates

May 13, 2022

Via: Yahoo

Stocks are off to a rough start in 2022. Investors are primarily concerned about inflationary pressures and how they might affect the economy. The most recent Consumer Price Index (CPI) for April put inflation at 8.3%. While this is below […]

Activity, Investment Banking

Warren Buffett’s Berkshire Hathaway just made a fast $800 million on Snowflake’s surging IPO

September 16, 2020


Warren Buffett, the man who pioneered buy and hold investing, just made quite a fast billion bucks from a type of investment he once mocked. Berkshire Hathaway bought $250 million worth of Snowflake stock at the IPO price and an […]

Activity, Investment Banking

Warren Buffett increases Apple stake despite selling some stock

November 18, 2019

Via: Market Watch

Warren Buffett’s Berkshire Hathaway Inc.’s may have sold some Apple Inc. shares during the third quarter, but its ownership stake in the technology giant actually increased, as the value of the investment swelled by more than $6 billion. Apple’s stock […]

Activity, Investment Banking

Warren Buffett is a big fan of bank stocks — to the tune of $100 billion

August 14, 2019

Via: Market Watch

Warren Buffett’s Berkshire Hathaway Inc. holds nearly $100 billion in financial-services stocks, underscoring the size of the billionaire investor’s ongoing bet on the future of the U.S. economy. Berkshire’s position has built up over years and includes banks, payment companies, […]

Activity, Insurance

Berkshire Hathaway Reports Losses on Re/Insurance Underwriting in Q2

August 7, 2017

Via: Insurance Journal

Warren Buffett’s Berkshire Hathaway insurance and reinsurance businesses lost money or gained less in underwriting in the second quarter and first six months of 2017 compared to last year while his railroad, manufacturing, energy and utilities businesses all reported increased […]

Activity, Investment Banking

Warren Buffett’s disarmingly simple investment strategy, explained by big data

July 13, 2017

Via: Market Watch

In a fascinating new book, a former Google data scientist offers a whole chapter about his brief misadventures in trying to apply big data — what we know from massive amounts of Internet searches — to investing. The chapter, part […]

Activity, Insurance

Berkshire’s $10 Billion Deal wth AIG Attractive Because It’s Risky: Minger

May 9, 2017

Via: Insurance Journal

Charles Munger, the vice chairman of Warren Buffett’s Berkshire Hathaway Inc., said the decision to take on insurance liabilities from American International Group Inc. offers plenty of risk, and also the chance for a substantial reward. “It’s intrinsically a dangerous […]

Activity, Trading

Wells Fargo Shares Indicated Higher After Warren Buffett Says Bank Mishandled Accounts Scandal

May 8, 2017

Via: Wells Fargo

Wells Fargo & Co.  (WFC) shares were indicated higher in premarket trading Monday after legendary investor Warren Buffett criticised the bank and its former CEO for reacting too slowly to last year’s bogus-accounts scandal. Buffet, who’s Berkshire Hathaway Inc. (BRK.A) […]

Activity, Investment Banking

Berkshire cuts Wells Fargo stake, pulls Fed application

April 13, 2017

Via: Yahoo

Warren Buffett’s Berkshire Hathaway Inc withdrew its application to the Federal Reserve to boost its ownership stake in Wells Fargo & Co above 10 percent, and is instead selling 9 million shares to keep it below that threshold. Berkshire on […]

Activity, Investment Banking

6 Warren Buffett Investments That Are Shaking Up 2016

September 2, 2016

Via: GOBankingRates

If you are wondering where to put your money, it’s never a bad idea to comb through Warren Buffett’s investments. This year, the famed investor has made some changes to his portfolio at Berkshire Hathaway. Most notable is his purchase […]