• With $116 billion cash, Buffett says Berkshire needs 'huge' deals

    7 monthes ago - By Reuters

    NEW YORK - Warren Buffett on Saturday lamented his inability to find big companies to buy and said his goal is to make "one or more huge acquisitions" of non-insurance businesses to bolster results at his conglomerate Berkshire Hathaway Inc.
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  • Warren Buffett Warns That Safe-Looking Bonds Can Be Risky

    7 monthes ago - By Fortune

    Sometimes the best lessons are worth repeating.
    Billionaire investor Warren Buffett used his widely-read annual letter to Berkshire Hathaway Inc. shareholders on Saturday to again call out the wasteful fees that many money managers charge. He highlighted the risk of bonds and emphasized the importance of sticking with a simple investment strategy, rather than chasing returns.
    "Performance comes, performance goes," Buffett wrote. "Fees never falter."
    The letter, which was notably shorter than in years past, meditated on the investing lessons that the Berkshire chairman and chief executive...
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  • Warren Buffett Is on the Hunt for a ‘Huge' Acquisition

    7 monthes ago - By Fortune

    Warren Buffett and his business partner Charles Munger are still on the hunt for a large deal after a quiet 2017.
    "Berkshire's goal is to substantially increase the earnings of its non-insurance group. For that to happen, we will need to make one or more huge acquisitions," Buffett, the chairman and chief executive officer of Berkshire Hathaway Inc., said Saturday in his annual letter to shareholders. "Despite our recent drought of acquisitions, Charlie and I believe that from time to time Berkshire will have opportunities to make very large purchases."
    Last year was rough for Buffett's...
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  • The Latest: Warren Buffett compares CEOs to oversexed teens

    7 monthes ago - By Chron

    OMAHA, Neb. - The Latest on investor Warren Buffett's annual letter to Berkshire Hathaway shareholders :
    8:45 a.m.
    Billionaire Warren Buffett says encouraging CEOs to pursue acquisitions is a bit like encouraging a "ripening teenager to be sure to have a normal sex life."
    Buffett says many businesses have overpaid for acquisitions in the past year because of that kind of optimistic attitude.
    Buffett says a CEO who hungers for a deal can always find a forecast from a banker or analyst to justify the purchase.
    Berkshire Hathaway didn't make many big acquisitions in 2017 because asking prices...
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  • With $116 billion cash, Buffett says Berkshire needs 'huge acquisitions'

    7 monthes ago - By Reuters

    NEW YORK - Warren Buffett on Saturday lamented his inability to find big companies to buy, and said his goal is to make "one or more huge acquisitions" of non-insurance businesses to bolster results at his conglomerate Berkshire Hathaway Inc .
    Read more ...

     

  • Trump tax cut fuels record profit for Buffett's Berkshire

    7 monthes ago - By Reuters

    Warren Buffett's Berkshire Hathaway Inc on Saturday reported a record quarterly and annual profit, fueled by a big cut in the U.S. corporate income tax rate championed by President Donald Trump.
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  • Warren Buffett lays out the 'gory details' of the 4 times Berkshire's stock suffered huge drops - and his advice for surviving a market downturn

    Warren Buffett lays out the 'gory details' of the 4 times Berkshire's stock suffered huge drops - and his advice for surviving a market downturn

    7 monthes ago - By Business Insider

    Warren Buffett laid out the four times Berkshire Hathaway shares got crushed.
    He says these big drops show why investors should never use borrowed money.
    Warren Buffett delivered his annual letter to Berkshire Hathaway shareholders on Saturday, and in it he laid out the "gory details" of the four times Berkshire shares got crushed.
    "For the last 53 years, the company has built value by reinvesting its earnings and letting compound interest work its magic," Buffett wrote. "Year by year, we have moved forward. Yet Berkshire shares have suffered four truly major dips. Here are the gory "
    All...
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  • Warren Buffett says Berkshire needs to do 'huge acquisitions'

    7 monthes ago - By Reuters

    NEW YORK - Warren Buffett on Saturday said he needs to make "one or more huge acquisitions" to increase Berkshire Hathaway Inc earnings, but admitted that finding a deal at "a sensible purchase price" has become a challenge.
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