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☆ Warren Buffett says he worries about nuclear threats and more pandemics—but never the future of Berkshire Hathaway
▼ + stars: | 2023-04-21 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Billionaire investor Warren Buffett says he worries about a few things. I worry about a pandemic in the future, all kinds of [things]," Buffett said. "99 and a fraction percent of my net worth in Berkshire," Buffett told "Squawk Box," adding that multiple of his family members also heavily invest in the company. "I worry about things nobody else worries about, but I can't solve them all," Buffett said. As for feeling secure about Berkshire's future, Buffett has already handpicked his company's next CEO — and his successor, Greg Abel, has said he doesn't plan to diverge from Buffett's winning formula.

☆ These 6 global stocks are 'Buffett-style' picks, according to Credit Suisse
▼ + stars: | 2023-04-19 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Warren Buffett 's Berkshire Hathaway raised its stakes in five Japan stocks — a good sign for investors in Japan, according to Credit Suisse. "This, together with Berkshire Hathaway's recent issuance of JPY bonds, has put the spotlight on value and quality investment opportunities in Japan," Credit Suisse said in a April 14 note. In light of those developments, Credit Suisse analysts said in the note that they've screened for stocks in Japan that are "Buffett-style picks" — that is, they have characteristics typical of Buffett's holdings. Value: Stocks with earnings yield in the top 25% of stocks the bank screened. They should also have above-median dividend yield, as well as above-median five-year dividend growth and next 12-month dividend growth.

☆ Warren Buffett's trip to Tokyo is seen as a 'stamp of approval' for investing in Japan
▼ + stars: | 2023-04-13 | by ( Jihye Lee | ) www.cnbc.com time to read: +2 min

Berkshire Hathaway's stakes in all five trading houses is now 7.4%. Buffett's trip is a "stamp of approval" — especially for domestic investors in Japan, according to Monex Group's Jesper Koll. He emphasized Buffett's trip has the potential to boost confidence among Japanese investors as the nation continues to grapple with low consumption. "The real focus is confidence for Japanese investors, and that's where Warren Buffett's visit was very, very important," Koll said. The trading houses have helped grow the Japanese economy and contributed to the globalization of its business.

☆ Warren Buffett says the unusually quick sale of Berkshire Hathaway's TSMC stake was driven by geopolitical tensions
▼ + stars: | 2023-04-11 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Warren Buffett said geopolitical tensions were a factor behind Berkshire Hathaway's unusually quick sale of Taiwan Semiconductor. Berkshire Hathaway purchased $4.1 billion of TSMC stock in the third quarter of 2022, but sold nearly 90% of the position a few months later. Tensions between China and Taiwan have been building as US political figures visit the island in a show of solidarity. He told Nikkei that Taiwan Semiconductor is a well-managed company, but said that Berkshire Hathaway had better places to invest its money. They are really so much similar to Berkshire," Buffett told Nikkei.

☆ Chamath Palihapitiya was supposed to be the next Warren Buffett. Then interest rates spiked.
▼ + stars: | 2023-04-09 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Chamath Palihapitiya was dubbed the "next Warren Buffett" after a series of successful bets in 2019 and 2020. Palihapitiya even compared his returns to Buffett's Berkshire Hathaway in his annual letters. The dealmaking prowess of Palihapitiya sparked comparisons that his Social Capital investment vehicle was essentially a baby Berkshire Hathaway. Even Palihapitiya himself, who has called Buffett an inspiration, compared his investment returns to the early returns of Berkshire Hathaway in his annual shareholder letters. Palihapitiya addressed the destruction in value seen across technology companies in Social Capital's 2022 investment letter.

☆ Warren Buffett's Berkshire Hathaway faces a brutal mix of economic headwinds. It will capitalize on the chaos, 8 experts say.
▼ + stars: | 2023-04-06 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +10 min

Berkshire Hathaway faces high inflation, rising rates, and a potential recession and credit crunch. Warren Buffett's company will weather the storm and scoop up the bargains that emerge, experts say. Experts say Berkshire's ample cash reserves, strong brands, and prudent management will enable it to comfortably navigate a harsh economic environment. "Shareholders who plan on holding Berkshire for years into the future should hope for a near-term bear market in stocks. Brian Gongol, longtime Buffett follower and Berkshire shareholder:"It's better to be in Berkshire's shoes during challenging times than during a boom.

☆ 'Shark Tank' star Barbara Corcoran’s No. 1 piece of investing advice: Don't diversify, ‘money is meant to be spent’
▼ + stars: | 2023-03-24 | by ( Megan Sauer | ) www.cnbc.com time to read: +2 min

The entrepreneur and longtime investor on ABC's "Shark Tank" says "money is meant to be spent" — but only in a handful of places. "One piece of advice people hear all the time, and I just don't believe it, is: 'Diversify, don't put all your eggs in one basket,'" Corcoran, 74, tells CNBC Make It. "I put all my money in the real estate basket, my brokerage firm, and everything in there went to buying properties." Corcoran says she's built "a lot of wealth" by investing carefully and watching the market, but not worrying about investing in across different industries. She specifically recommends the real estate approach for young people looking to invest, even if means asking their families for financial help at first.

Berkshire Hathaway vice president Gregory Abel bought nearly $25 million worth of Berkshire's class A stock last week, filings show. He previously bought $68 million worth of Berkshire stock in September. Berkshire's class A shares, and the "Baby Berkshire" class B shares, both have dropped about 3.4% this year, underperforming the S & P 500. Berkshire Hathaway vice chair Greg Abel bought $24.6 million worth of Berkshire's class A stock on March 17. Capri Holdings CEO John Idol bought nearly $10 million worth of stock on March 16.

☆ Factbox: Warren Buffett's investments in financial firms
▼ + stars: | 2023-03-23 | by ( ) www.reuters.com time to read: +3 min

[1/2] Warren Buffett, CEO of Berkshire Hathaway Inc, pauses while playing bridge as part of the company annual meeting weekend in Omaha, Nebraska U.S. May 6, 2018. Here is history on Buffett's involvement with banks and current holdings in his investment portfolio. The investment gave Berkshire preferred stock that paid a 10% along with warrants to pay $5 billion for 43.5 million Goldman shares at $115 each. Berkshire has financial services investments in other countries. Reporting by Jonathan Stempel in New York Editing by Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.

☆ Warren Buffett's Berkshire Hathaway has quietly stashed $90 billion into investments over the last 3 years
▼ + stars: | 2023-03-06 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Berkshire Hathaway's latest annual report illustrates that the company has deployed nearly $90 billion in investments since 2020. In 2020, Buffett and co. had spent a then-unprecedented $25 billion on stock buybacks, and set a new record of $27 billion in 2021. But even after all that, Berkshire still ended last year with $129 billion in cash and short-term investments. Fundstrat expects the stock market to see its strongest rally of the year soon. Avoiding a recession would actually be bad news for the stock market.

☆ Billionaire Warren Buffett still lives in the same home he bought for $31,500 more than 60 years ago
▼ + stars: | 2023-03-03 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

Billionaire Warren Buffett is famously frugal. The Berkshire Hathaway CEO still resides in the five-bedroom home in central Omaha, Nebraska, he purchased for $31,500 in 1958, which is about $329,505 in today's dollars. "He's authentic," says CNBC's Becky Quick, who has a longstanding relationship with Buffett and interviews him frequently. Located in a quiet neighborhood of Omaha, Nebraska lies the home of billionaire Warren Buffett. Orjan F. Ellingvag | Getty ImagesBuffett doesn't plan on trading his Omaha home for a more luxurious one any time soon.

☆ The Buffett test: This one chart shows how much every Club holding spends on stock buybacks
▼ + stars: | 2023-02-28 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

When Warren Buffett speaks, Wall Street listens — and the "Oracle of Omaha" issued a full-throated defense of stock buybacks in his latest annual letter to Berkshire Hathaway shareholders. After spending more than $1.2 billion on stock buybacks in 2022, Coterra's board approved a $2 billion buyback authorization last week. Costco: In January, the wholesale retailer's board reauthorized a $4 billion stock repurchase program , which is set to expire in four years. It's part of a $10 billion buyback authorization issued by Salesforce's board last August. As the chart makes clear, the vast majority of Club holdings engage in some level of stock repurchases, which is good news for shareholders.

☆ 'High-quality' and 'reliable': Investor says Apple is a good stock for a volatile market
▼ + stars: | 2023-02-28 | by ( Zavier Ong | ) www.cnbc.com time to read: +2 min

But the path of interest rate hikes remains uncertain amid stubbornly high inflation and the continuing strength of the U.S. consumer, while the prospect of a recession persists in the minds of investors. Against this backdrop, tech investor Mark Hawtin believes Apple could be a safer bet within the mega-cap space. I think if the macro remains uncertain, then Apple remains a good stock to hold, because it provides certainty in an uncertain environment. "I think [Apple] will always overcome the supply chain obstacles in the end. Analysts think the stock could go higher, with about 78% of those covering the stock rating it a "buy" and giving it average upside of around 15%.

☆ Warren Buffett praised the practice of long-term investing in his annual shareholder letter. These are the 10 longest-held stocks in Berkshire Hathaway's portfolio.
▼ + stars: | 2023-02-28 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Warren Buffett has long praised the practice of long-term investing when it comes to stocks. "The world is full of foolish gamblers, and they will not do as well as the patient investor," Buffett said in Berkshire Hathaway's 2022 shareholder letter. These are the 10 longest-held stocks in Berkshire Hathaway's $299 billion stock portfolio. These are the 10 longest-held companies in Berkshire Hathaway's $299 billion individual stock portfolio. UPSJustin Sullivan/Getty ImagesTicker: UPSTime Held: 17 yearsPortfolio Value: $10.3 million7.

☆ Here are Monday's biggest analyst calls: Tesla, Alphabet, Apple, Nvidia, Best Buy, Zillow & more
▼ + stars: | 2023-02-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Goldman Sachs upgrades Nomad Foods to buy from neutral Goldman said it sees an "attractive investment opportunity" to invest in the frozen food company. Goldman Sachs upgrades Willis Towers Watson to buy from neutral Goldman said it sees a robust turnaround for the insurance company. Barclays reiterates Tesla as overweight Barclays said it's standing by its buy rating heading into Tesla's investor event on March 1. Raymond James upgrades Frontier to strong buy from outperform Raymond James upgraded the cable company after its "impressive" earnings report. UBS reiterates Apple as buy UBS said its survey checks show Apple is the preferred brand in both the U.S. and China.

☆ Berkshire Hathaway fourth-quarter operating earnings fall 8%, cash hoard swells to nearly $130 billion
▼ + stars: | 2023-02-25 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Berkshire Hathaway 's operating profits fell during the fourth quarter as inflationary pressures weighed on the conglomerate's businesses. Berkshire Hathaway's operating earnings totaled $6.7 billion in the fourth quarter of 2022, a release read Saturday. That's down 7.9% from the year-earlier period when profits totaled $7.285 billion. Meanwhile, Berkshire used $2.855 billion to buy back shares in the fourth quarter. Despite this, Berkshire's cash hoard grew to $128.651 billion in the fourth quarter of 2022.

☆ Speculative bets are cool again and Reddit's army of retail investors is partying like it's 2021
▼ + stars: | 2023-02-23 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

And yet, despite the dip this week, markets right now are brimming with bullishness — and Reddit-loving retail investors are partying like it's 2021. Retail investors are rebuffing Jerome Powell in piling into speculative assets. Remember, at the start of the pandemic, government stimulus and near-zero interest rates gave retail investors the perfect opportunity to lay down speculative bets. "With all of these headwinds, retail investors are jumping in on maybe some ill-conceived optimism," Goldman said. But economic data be damned, retail investors are still piling into the riskiest corners of the market.

☆ Buttigieg urges U.S. railroads to boost safety, not oppose reforms
▼ + stars: | 2023-02-19 | by ( David Shepardson | ) www.reuters.com time to read: +4 min

[1/7] Drone footage shows the freight train derailment in East Palestine, Ohio, U.S., February 6, 2023 in this screengrab obtained from a handout video released by the NTSB. Buttigieg said he would soon outline specific safety improvements railroads should take immediately. He harshly criticized them for lobbying against steps "intended to improve rail safety and to help keep Americans safe." Buttigieg said he also planned to outline "prioritized actions planned" by the U.S. Department of Transportation on rail safety. In response to the derailment, U.S. Senate Commerce Committee Chair Maria Cantwell Friday opened an inquiry into railroad hazardous materials safety practices.

The derailment of the train, operated by Norfolk Southern (NSC.N), forced thousands of residents to evacuate while railroad crews drained and burned off chemicals. “We have mobilized a robust, multi-agency effort to support the people of East Palestine, Ohio," White House spokesperson Karine Jean-Pierre said at a briefing. [1/3] A view of a caution tape as members of the U.S. Environmental Protection Agency (EPA) (not pictured) inspect the site of a train derailment of hazardous material in East Palestine, Ohio, U.S., February 16, 2023. DeWine called on Congress to review railroad safety regulations, lamenting states have little power to demand information about what types of hazardous goods are rolling through their borders. Transportation Secretary Pete Buttigieg said Thursday more needs to be done to address rail safety in the face of hundreds of annual train derailments.

☆ Is Berkshire's exit of Taiwan Semi a warning shot for semis?
▼ + stars: | 2023-02-15 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIs Berkshire's exit of Taiwan Semi a warning shot for semis? Cerity Partners' Jim Lebenthal joins 'Closing Bell: Overtime' to discuss Berkshire Hathaway's decision to sell its position in Taiwan Semiconductor stock.

☆ Berkshire Hathaway decreases stake in Taiwan Semi by 86%
▼ + stars: | 2023-02-14 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBerkshire Hathaway decreases stake in Taiwan Semi by 86%CNBC's Kristina Partsinevelos joins 'Closing Bell: Overtime' to report on Berkshire Hathaway's 13F filing and decreasing stake in Taiwan semiconductor.

☆ NHL roundup: Adrian Kempe, Kings pound Penguins
▼ + stars: | 2023-02-12 | by ( ) www.reuters.com time to read: +10 min

Mika Zibanejad scored his 27th goal, Kaapo Kakko also found the net and Vincent Trocheck and Jimmy Vesey each added two assists. Carolina's Sebastian Aho saw his six-game goal streak end. Blues 6, Coyotes 5 (OT)Ryan O'Reilly scored the winning goal 1:02 into overtime to lift St. Louis past visiting Arizona. Scott Wedgewood made 28 saves in his first appearance since blanking the Los Angeles Kings 4-0 on Jan. 19. Jonatan Berggren scored two goals, Filip Hronek scored a goal, and Ben Chiarot had two assists for the Red Wings.

☆ Sundance Movies: Brett Kavanaugh and Steph Curry Docs, "Cat Person"
▼ + stars: | 2023-02-06 | by ( Alison Brower | ) www.businessinsider.com time to read: +7 min

The Sundance Film Festival was back in person for the first time since 2020. In five days I saw eight films, and while I'm not a critic, I can affirm that not one of them was a clunker. Asked about the film's aspect ratio in an audience Q&A, Jalali said, "It was prettier that way." The bulk of the films I saw were more commercial, and four of them centered on relationships. And then there was "Cat Person," based on a 2017 New Yorker story about dating by Kristen Roupenian.

☆ The Sundance Film Festival stirs buzz, draws A-list stars, and screens movies that get you talking, but it can't hide the crisis facing independent filmmakers.
▼ + stars: | 2023-01-29 | by ( Alison Brower | ) www.businessinsider.com time to read: +6 min

The Sundance Film Festival was back in person for the first time since 2020. A-list stars like Anne Hathaway and Jason Momoa were present to promote their buzzy films. It was impossible not to feel optimistic about the state of independent film at the opening weekend of the Sundance Film Festival. In five days I saw eight films, and while I'm not a critic, I can affirm that not one of them was a clunker. At an event like Sundance, even amid some hand-wringing over the future, the excitement is contagious.

☆ This fund crushed it last year in part by heavily betting on one unique oil stock
▼ + stars: | 2023-01-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

The fund isn't tied to any index, nor does Schwartz try to mimic a specific sector weighting. About 40% of the fund's investments today are in energy, Schwartz said, with no bets on the consumer defensive and utilities sectors, according to Morningstar data. Then a trust, many people steered clear of the large Texas land owner, which owns land often used for oil and gas drilling, and traded at around $150 a share. Schwartz's bet on energy extends to a more traditional stake in Chevron , (4.3% of the fund) which he calls a premiere integrated oil and gas company. But Schwartz started accumulating energy stocks well before the latest rally, when crude oil plummeted during the pandemic.

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