Berkshire Hathaway Inc. CEO Warren Buffett told the company's shareholders in a letter on Saturday that they can rest assured that a substantial majority of their money will "forever [be] deployed" in equities. He stressed that Berkshire will "never" prefer to own cash-equivalent assets over "good...
Berkshire Hathaway Inc. CEO Warren Buffett revealed on Saturday in his letter to the company's shareholders that in 2024, Berkshire paid the United States Internal Revenue Service (IRS) a total of $26.8 billion in taxes."That's about 5% of what all of corporate America paid. (In addition, we paid...
Berkshire Hathaway Inc.'s CEO, Warren Buffett, said on Monday that he is donating another $1.1 billion in his company's stock to four family foundations.In line with his pledge to give away 99% of his fortune instead of leaving it as an inheritance to his three children, Buffett stated he will...
Berkshire Hathaway Inc. CEO Warren Buffett told CNBC in a statement revealed on Wednesday that he is worried about individuals impersonating him with the goal of getting people to invest or vote a certain way."Nobody should believe anybody saying I'm telling them how to invest or how to vote. I...
Berkshire Hathaway Inc. sold Bank of America Corp. shares worth a total of $845 million, a filing showed. Warren Buffet's company sold around 21.1 million shares between August 28 and 30.
Previously, Berkshire offloaded some 52.8 million BoA shares worth a total of $2.3 billion in July and around...
Billionaire investor Warren Buffett said in an interview with the Wall Street Journal released on Friday that he plans to leave most of his wealth to a new charitable trust overseen by his children.Buffett stressed that he will not be leaving anything to the Bill & Melinda Gates Foundation Trust after his...
Warren Buffett said on Saturday that too many economists and investors are focusing on what the Federal Reserve is doing and stressed their focus should switch to the fiscal deficit.
Buffett called Fed Chair Jerome Powell as "very very wise man" and stressed that, even though he does not control...
Billionaire investor Warren Buffett said on Saturday that when the first nuclear bomb was being developed, the United States did not anticipate that "very soon" there would be nine countries that would have nuclear weapons.
Buffett further stressed that we "should be worried" about three of those...
Berkshire Hathaway Inc.'s CEO Warren Buffett stated on Saturday that he will be leaving current Chairman and CEO of Berkshire Hathaway Energy Greg Abel in charge of investing decisions when his time to retire the company comes.
"I would leave the capital allocation to Greg and he understands...
Berkshire Hathaway Inc. investors "don't have too long to wait" to review the performance of the next management team, CEO Warren Buffett said as he briefly mentioned the conglomerate's future without being at the helm.
"We'll see how the next management plays the game out at Berkshire […]...
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