Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Warren Buffett ’"


6 mentions found


No equal business partner has ever played second fiddle better than Charlie Munger . Warren Buffett ’s closest friend and consigliere for six decades, the billionaire vice chairman of Berkshire Hathaway died Tuesday at age 99 in a California hospital. A news release from Berkshire confirmed his death.
Persons: Charlie Munger, Warren Buffett ’, Berkshire Hathaway Organizations: Berkshire Locations: California
Attendees arrive at the Berkshire Hathaway annual meeting in Omaha, Neb. Photo: David Williams/Bloomberg NewsWarren Buffett ’s Berkshire Hathaway eliminated its stake in a handful of American blue chips, including General Motors and Johnson & Johnson , while the stock market’s rally sputtered in the third quarter. The company also sold off smaller positions in Procter & Gamble , Mondelez International and United Parcel Service , while trimming its investments in Amazon.com , Chevron and HP, among others.
Persons: David Williams, Bloomberg News Warren Buffett ’, Berkshire Hathaway, Johnson Organizations: Berkshire Hathaway, Bloomberg News, Berkshire, General Motors, Johnson, Procter, Procter & Gamble, Mondelez International, United Parcel Service, Chevron, HP Locations: Omaha, Neb, Procter &
Berkshire’s annual shareholder meeting in Omaha, Neb., was held earlier this month. Photo: Madeline Cass for The Wall Street JournalWarren Buffett ’s company spent the first quarter opening a new position in Capital One Financial and adding to its already large holdings of Bank of America and Apple . A regulatory filing released Monday showed Berkshire Hathaway trimmed its stakes in Chevron , General Motors , Amazon.com and Activision Blizzard , among other companies. It dumped the remainder of its stakes in Taiwan Semiconductor Manufacturing , Bank of New York Mellon , U.S. Bancorp and RH , the home-furnishings company formerly known as Restoration Hardware.
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway in 1984, left. At right, Mr. Buffett at the company’s annual shareholders meeting in Omaha, Neb. Photo: Bonnie Schiffman/Getty Images; Daniel Acker/Bloomberg NewsOne of the most successful people in the history of capitalism recently did something out of character: He proposed a theory for his own success. Warren Buffett ’s annual letter to the shareholders of Berkshire Hathaway is a chance for him to reflect on the past year. This year, he also ruminated on the past 58 years, and he managed to summarize his career in two numbers.
Workers at a TSMC chip factory in Tainan, Taiwan, late last year. Warren Buffett ’s Berkshire Hathaway Inc. sold billions of dollars worth of shares in a Taiwanese chip maker just months after taking a stake in the company. The Omaha, Neb.-based conglomerate cut its position in Taiwan Semiconductor Manufacturing Co. by 51.8 million shares in the last three months of 2022, according to a regulatory filing Tuesday. That was roughly 86% of its investment.
Warren Buffett, wearing glasses, and other very wealthy Americans could be affected by the new tax law. WASHINGTON—A handful of large companies, such as Berkshire Hathaway and Amazon.com could bear most of the burden from a 15% corporate minimum tax President Biden signed into law last month. Researchers at the University of North Carolina Tax Center analyzed securities filings to determine what companies would have paid if the tax had been in place last year. They found fewer than 80 publicly traded U.S. companies would have paid any corporate minimum tax in 2021, and just six—including Amazon and Warren Buffett ’s conglomerate—would have paid half of the estimated $32 billion in revenue the levy would have generated.
Total: 6