Berkshire Hathaway CEO Warren Buffett on Saturday assailed regulators, politicians and the media for confusing the public about the safety of U.S. banks and said that conditions could worsen from here. Buffett, when asked about the recent tumult that led to the collapse of three mid-sized institutions since March, launched into a lengthy diatribe about …
Category Archives: Investing
Berkshire Hathaway (BRK.A) Q1 earnings 2023
Earnings for Warren Buffett’s Berkshire Hathaway jumped in the first quarter, thanks in part to a rebound in the conglomerate’s insurance business. Operating earnings, which encompass profits from the conglomerate’s fully-owned businesses, totaled $8.065 billion in the first quarter. That’s up 12.6% from $7.16 billion a year prior. Profit from insurance underwriting came in at …
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Warren Buffett’s successor Greg Abel is wooing shareholders
To say that Warren Buffett’s successor Greg Abel has big shoes to fill would be an understatement. The vice chairman for non-insurance operations at Berkshire Hathaway recently joined Buffett in Japan to visit the country’s top trading houses. In a three-hour interview with CNBC, the 92-year-old “Oracle of Omaha” sang Abel’s praises, saying he’s taken …
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Here’s what’s going on at Warren Buffett’s shopping extravaganza for shareholders
People at the See’s Candies display at the Berkshire Hathaway Shopping Day event, May 5, 2023. David A. Grogan | CNBC Berkshire Hathaway‘s annual shareholder meeting this weekend is kicking off with a shopping extravaganza. Called the “Berkshire Bazaar of Bargains,” the shopping event is a tradition at the yearly convention. With over 20,000 square …
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Berkshire Hathaway is outperforming in turmoil, but Geico is in trouble
Display showing Gecko character for GEICO Insurance during the Berkshire Hathaway Annual Shareholder Meeting in Omaha, Nebraska. Yun Li | CNBC Berkshire Hathaway shareholders attending this year’s meeting will want to know more about the company Warren Buffett once called his “favorite child” – the auto insurer Geico. With tens of thousands of shareholders in …
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Top Wall Street research firms of the past decade
People are seen at the entrance of the UBS office in London, Britain March 20, 2023. Henry Nicholls | Reuters After identifying the 10 best analysts on Wall Street of the past decade, here is a list of the 10 top research firms. To create this list, TipRanks analyzed every stock recommendation made by investment research …
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Avoid these mistakes when picking an actively managed fund
The New York Stock Exchange (NYSE) in New York, US, on Tuesday, March 28, 2023. Victor J. Blue | Bloomberg | Getty Images As investors navigate another uncertain year in markets, actively managed funds could add differentiated performance to their portfolios – if traders choose carefully. Actively managed funds have historically underperformed passive strategies, but …
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The cost of investing has been falling. Here’s what investors should know
High fees can take a bite out of your portfolio returns, but the good news is that it’s becoming cheaper to invest. Financial services firms charge clients a fee to invest their funds, typically withdrawn from their investment assets. When costs are high, they eat into returns over time. Consider that over a 20-year period, …
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Investing legend Peter Lynch on the investments he regrets not making in recent years
Legendary investor Peter Lynch has one of the best investing records under his belt, but he still has regrets for not buying into some of the biggest tech companies in recent years. The former Fidelity Magellan fund manager revealed Tuesday that he wished he hadn’t missed out on the explosive growth in Apple. related investing news …
Top Wall Street analysts of the past 10 years, according to TipRanks
The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Nvidia | via Reuters TipRanks is celebrating a decade of simplifying investment decisions through its data-driven research tools: Here is a list of the 10 best analysts on Wall Street. To come up with this list, TipRanks …
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