Latest World News. Find every day short and brief information composed of titles and subtitles and continue reading if interested.
The world’s third-wealthiest person, Warren Buffett, was not impressed by US President Donald Trump’s investing strategy in his Q&A session with students in 1991. He predicted the failure of Trump’s casino business. According to a document revealed by CNBC, when a Notre Dame University student asked Buffett about Trump’s casino business, the investor was not […]
Rick Wilking/Reuters Warren Buffett’s annual letter to shareholders will be published around 7:45 a.m. ET on Saturday. Analysts at Morgan Stanley are paying attention to Buffett’s thoughts on succession and tax reform, among other topics. Follow Business Insider’s coverage of the letter on Saturday here. Warren Buffett‘s letter to shareholders will be released on Saturday. […]
Dennis Van Tine/AP Warren Buffett‘s Berkshire Hathaway has replaced Wells Fargo as its biggest investment. Apple held the top spot in the firm’s portfolio as of December 31, according to the fourth-quarter 13-F filing published last week. Major investment firms, including hedge funds, are required to disclose their long positions in stocks every quarter. Because of a […]
Kevin Lamarque/Reuters Berkshire Hathway expanded its board of directors to 14 members from 12. Gregory E. Abel and Ajit Jain are being added as directors. Warren Buffett and Charlie Munger will retain their positions on the board. (AP) — Warren Buffett’s Berkshire Hathaway is adding Gregory E. Abel and Ajit Jain as directors, boosting the size […]
Paul Morigi/Getty Images The Buffett Indicator is the ratio of a country’s stock market capitalization to the overall GDP of the country. If the stock market is below 50% of the GDP, it is too low. Between 75% and 90%, the market is about right. Above 115%, it is overvalued on a relative basis. In late […]
Paul Morigi / Stringer / Getty Images Warren Buffett’s Berkshire Hathaway has made nearly $ 2 billion on its investment in Apple. The conglomerate bought more in the third quarter just as the stock, with the rest of the tech sector, continued to hit new highs. Many of his other investments aren’t doing too badly either, to […]
Paul Morigi / Stringer / Getty Images Warren Buffett’s Berkshire Hathaway has made nearly $ 2 billion on its investment in Apple. The conglomerate bought more in the third quarter just as the stock, with the rest of the tech sector, continued to hit new highs. Many of his other investments aren’t doing too badly either, to […]
Rick Wilking/Reuters Warren Buffett’s personal pilot, Mike Flint, recalled some great career advice the billionaire gave him. Buffett asked him to write down his top 25 career goals and then to circle the top five. He then said to put away the rest of the list because smaller goals can take away attention from the […]
Dennis Green/Business Insider I went to Smith & Wollensky, Warren Buffett’s favorite New York City steakhouse. I found the experience to be out of step with modern dining. Steakhouses promote a stuffy culture that’s going extinct. Most of the time, when I go out to eat, I’m looking for a chill, fun time. I’m willing […]
Warren Buffett generally likes to take a hands-off approach when it come to investing in companies, but he has some advice for CEOs on how to run a business better. His advice indirectly touches on a key problem plaguing the US, that CEOs focus on the short-term and quarterly earnings instead of long-term objectives. Warren […]
