Billionaire investor Warren Buffett is prioritizing caution and safety during the coronavirus pandemic to best protect its investors, his right-hand man Charlie Munger told The Wall Street Journal in an interview.Berkshire's Priority Is Liquidity Buffett wants to keep Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) "safe" for its investors who have 90% of their net […]
Billionaire investor Warren Buffett’s Berkshire Hathaway sold about 18% of its stake in Delta Air Lines Inc. (DAL) for $314 million as the U.S. airline operator said it expects revenues to plunge 90% in the second quarter.Berkshire sold about 13 million Delta shares on Wednesday and Thursday priced between $22.96 and $26.04, according to SEC […]
Becky Quick said on CNBC's "Options Action" that Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) sold some of its position in Delta Air Lines, Inc. (NYSE: DAL) and Southwest Airlines Co (NYSE: LUV).Berkshire's stake in these companies was above 10% and it had to report any change within a few days, she said. Berkshire sold 12.9 […]
(Reuters) – Warren Buffett's Berkshire Hathaway Inc said on Friday it has sold some of its stake in Delta Air Lines Inc . Berkshire is among the largest investors in the carrier.
Sheila Ferguson (pictured) is battling a property development she claims threatens to destroy her priceless collection of musical memorabilia, contained in garages near her former Thames home.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. We estimate that COVID-19 will kill around 5 million people worldwide and there is a 3.3% probability that Donald Trump will die from the new coronavirus (read the details). If Warren Buffett catches the virus, his probability of death is 5.6%. […]
Warren Buffett on Saturday forcefully defended Berkshire Hathaway Inc’s decision to invest heavily in stocks of companies such as Apple Inc as he labors through a four-year drought since his last major acquisition of a company. Buffett, 89, also used his annual letter to Berkshire shareholders to assure they should not worry about the future […]
In his annual letter to Berkshire shareholders, Buffett defended Berkshire’s foray into stocks, which comes amid a four-year drought since its last major acquisition that has left Berkshire sitting on $128 billion of cash. Berkshire did step up repurchases of its own stock, buying back roughly $2.2 billion in the quarter. “I am delighted with […]