Buffett, CEO of Berkshire Hathaway
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Nearly 35 years ago, Warren Buffett, one of the world’s most successful investors, was lecturing at the University of Notre Dame when he recounted that president-elect Donald Trump had made his assets appear to be worth much more than they really were by locking in property loans at prices far higher than their true value.
Nonetheless, Apple remains the undisputed king in its power-packed portfolio, still tracking at nearly $60 to $61 billion, accounting for 23% of Berkshire’s disclosed stock holdings at quarter-end. Here’s exactly where the real money sits inside Berkshire’s stock portfolio, with the sheer scale making the recent Alphabet move even more interesting:
Buffett rejects the efficient markets hypothesis, but still recommends low-cost index funds for most ordinary investors.
Warren Buffett, 95 years old, delivered his final letter to shareholders, telling his followers, "I'm going quiet." He did, however, make note of his plans for more philanthropic donations to the charities he supports, while also wishing his successor, Greg Abel, who will take the helm at the end of the year, an "extended tenure."
Buffett revealed his regret missing Google after GEICO’s success—and how Berkshire’s new Alphabet investment marks a turning point in its tech strategy.
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Warren Buffett is giving away $1.4 billion just before he retires, and has nearly $150 billion to go
Warren Buffett says he’s giving away about $1.4 billion to four family foundations in the weeks before he retires, then will eventually give away the rest of his $150 billion fortune.
But even in the tech world, bargains can be found, and Buffett landed a big one in the third quarter of this year. He opened only one new position in the quarter -- and it was the cheapest of the "Magnificent Seven" tech stocks. Let's zoom in for a closer look.
Warren Buffett's eldest son, Howie Buffett is set to become the non-executive chairman of Berkshire Hathaway on the death of his father.