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☆ 18 movies with valuable entrepreneurial lessons: From 'Startup.com' to 'Becoming Warren Buffett'
▼ + stars: | 2023-01-17 | by ( Vikas Jha | ) www.businessinsider.com time to read: +21 min

Takeaway: This movie shows the effect money, greed and power can have on relationships. "The Social Network" (2010)"The Social Network" shows us that business success requires more than just a great idea. "Becoming Warren Buffett" (2017)In this documentary, Warren Buffett reveals his day-to-day, and his two most important investing rules. Takeaway: This movie shows how two young men were pitted against each other, striving to grow in a cut-throat business. I've found myself feeling motivated after watching a great film with lessons I can transpose to my entrepreneurial journey.

☆ Warren Buffett's energy bets in Japanese companies are turning out to be huge winners, with some up 100% since his initial investment
▼ + stars: | 2023-01-10 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

Warren Buffett's investments in five Japanese companies are emerging as winners in Berkshire Hathaway's portfolio. A Bloomberg analysis points out that share prices in Mitsubishi and Mitsui have respectively climbed 100% and 130% since Buffett's initial investments in 2020. Buffett is the third-largest shareholder in Mitsui & Co. and a leading investor in Mitsubishi Corp., Itochu Corp., Sumitomo Corp., and Marubeni Corp. Meanwhile, share prices of Mitsubishi and Mitsui – the two most profitable sogo shosha – have climbed 100% and 130%, respectively, since Buffett's initial investment in 2020. Buffett's investment company, Berkshire Hathaway, made its first disclosure of the investment in the sogo shosha in August 2020, with 5% stakes in each then worth a total of $6 billion, said Bloomberg.

☆ Warren Buffett's deputy grew his retirement account from $70,000 to $264 million in under 30 years. He explained how to save a fortune, and why shrugging off losses is key.
▼ + stars: | 2022-12-31 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Warren Buffett's deputy grew his retirement fund from $70,000 to $264 million within 30 years. "In a perfect world, nobody would know about this account," Weschler told Sloan in an email, adding that he hoped the revelation would motivate people to start saving and investing early in their careers. The investor opened his individual retirement account (IRA) in 1984. "One of my personal investment mantras is that there's no such thing as a loss, it's just an unmonetized lesson," he told Sloan. The switch means he won't owe any taxes when he cashes out his retirement account.

☆ Warren Buffett's luck changed this year, allowing him to spend a record sum on stocks and end his deal drought. Here are his 6 highlights of 2022.
▼ + stars: | 2022-12-31 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Warren Buffett spent a record sum on stocks and made a major acquisition in 2022. The Berkshire Hathaway CEO tore into bitcoin, adjusted some overseas bets, and gave a surprise gift. Sign up for our newsletter to get the inside scoop on what traders are talking about — delivered daily to your inbox. Buffett spent a record sum on stocks, executed a major acquisition, and made some striking changes to his overseas bets. Here are Buffett's 6 highlights from 2022:

☆ Wall Street's biggest investors are all but sure of a recession next year. Here’s where they are hiding out
▼ + stars: | 2022-12-29 | by ( Yun Li | ) www.cnbc.com time to read: +4 min

For investors looking for a way to ride out the storm in one piece, here are where the biggest investors are hiding out. Emerging markets Bond King Gundlach said it's time to buy emerging market stocks as the dollar has likely hit its peak. Cash Cash, one of the most hated corners of the market for years, has gotten some newfound love as risk assets remain stuck in a rout. Buying safe government bonds allows investors to shop for riskier, more opportunistic credits in the market, Gundlach said. Spreads on non-Treasurys have widened, including guaranteed mortgages, junk bond yields, emerging market debt and asset back securities, he added.

☆ Dairy Queen is one of Warren Buffett's most-famous businesses. CEO Troy Bader laid out the benefits of Berkshire Hathaway's ownership, and explained how he's navigating the pandemic, inflation, and ne
▼ + stars: | 2022-12-23 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +5 min

Warren Buffett's Berkshire Hathaway acquired Dairy Queen for nearly $600 million in 1998. Dairy Queen CEO Troy Bader told Insider that Berkshire's ownership lets him invest for the long run. Bader explained how Dairy Queen has dealt with the pandemic, inflation, and new customer demands. "What he feels is really what we see with so many of our customers, who have this different connection with Dairy Queen." Higher prices, less moneyInflation is dealing a one-two punch to Dairy Queen by raising its costs and squeezing its customers, Bader said.

☆ This top-performing manager boasts mutual funds that are up 40% this year. Here's how he crushes the market
▼ + stars: | 2022-12-16 | by ( Yun Li | ) www.cnbc.com time to read: +4 min

Horizon Kinetics stood out in a brutal year for stocks — boasting several mutual funds that have returned more than 40%. On the list of best-performing equity mutual funds of 2022, four out of five are from this under-the-radar, New York City-based shop, according to Morningstar. Royalty companies Kinetics focuses on hard assets, but that doesn't mean each candidate appears in a Kinetics' portfolio. The Paradigm fund's biggest position is in Texas Pacific Land , one of the largest owners of land in Texas. The company, which Kinetics has owned since 1995, has exposure to two types of hard assets — land as well as oil and gas royalties.

☆ Activision stock drops after report says watchdog will try to block $69 billion Microsoft deal
▼ + stars: | 2022-11-24 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Activision shares fell 4% in after-hours trading Wednesday. Microsoft agreed to buy Activision for $69 billion in January. Activision fell as much as 5.9% after the closing bell and were down 3.9% to trade at $73.60 at last check. Politico reported Wednesday that the Federal Trade Commission is likely to try and block Microsoft's $69 billion deal to buy Activision through an antitrust lawsuit, citing three people with knowledge of the matter. Read more: Warren Buffett says his team didn't know Microsoft was planning to buy Activision Blizzard when they bought the gaming stock

☆ Berkshire Hathaway sells shares worth $80.7 mln in China's BYD
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +1 min

HONG KONG, Nov 23 (Reuters) - Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 3.23 million Hong Kong-listed shares of electric vehicle maker BYD (002594.SZ) for HK$630.33 million ($80.67 million), a stock exchange filing showed. The sale lowered Berkshire Hathaway's holdings in BYD's total issued H-shares to 15.99% on Nov. 17 from 16.28%, a filing to the Hong Kong Stock Exchange showed on Tuesday. The Hong Kong-listed shares of BYD fell as much as 2.3% to HK$174.10 on Wednesday, their lowest since Oct. 31. Berkshire Hathaway last sold 5.78 million Hong Kong-listed shares in BYD on Nov. 8 for HK$1.14 billion. ($1 = 7.8188 Hong Kong dollars)Reporting by Twinnie Siu and Donny Kwok; Editing by Anne Marie Roantree andOur Standards: The Thomson Reuters Trust Principles.

☆ Tesla has lost almost $700 billion in market value - the equivalent of 3 Disneys, 4 Nikes, or 6 Starbucks
▼ + stars: | 2022-11-22 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Elon Musk's company has lost nearly a Berkshire Hathaway's worth of market value. Tesla's $670 billion decline is roughly equivalent to three Disneys, four Nikes, or six Starbucks. Tesla's $670 billion drop in market value isn't far off the entire worth of Warren Buffett's Berkshire Hathaway ($685 billion). Moreover, Musk's electric-vehicle company has seen more than double the market cap of Home Depot ($324 billion), or the combined market caps of Coca-Cola ($268 billion) and PepsiCo ($255 billion) wiped off its market value. It also equates to around four Nikes ($162 billion), five Netflixes ($127 billion), six Starbucks ($113 billion), seven PayPals ($92 billion), and 12 GMs or Fords ($56 billion each).

☆ Follow the Pros: Behind Warren Buffett's $4 billion investment in Taiwan Semiconductor
▼ + stars: | 2022-11-19 | by ( Yun Li | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFollow the Pros: Behind Warren Buffett's $4 billion investment in Taiwan SemiconductorBerkshire Hathaway's new stake in Taiwan Semiconductor marks Warren Buffett's first significant investment in chips in his long career.

Even though more than half the money ever invested in bitcoin would now be underwater if it had stayed, crypto monitors insist it's somehow still attracting punters. Cryptocurrency and bitcoin investors seem to be showing few signs of dumping their crypto-related assets, stocks and exchange-traded funds (ETFs), despite the latest wave of turmoil and scandal to crash over the sector. Analysts at JP Morgan estimate that around $25 billion has flowed out of the crypto since May. He estimates that the stablecoin market cap peaked at around $170 billion earlier this year and has declined by around $25 billion since May. That is, $25 billion of redemptions flowing out of crypto, most likely to fiat currency, perhaps cash or cash-like products.

☆ Billionaire investor Charlie Munger defends the Fed's inflation fight - even if it causes a recession
▼ + stars: | 2022-11-16 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Charlie Munger defended the Fed, saying it needs to curb inflation even if the cost is a recession. Warren Buffett's right-hand man compared the US central bank to the sober person at a party. "That's what they're supposed to do," Munger continued. "They're supposed to be the one guy at the party that doesn't hang around the punch bowl getting drunk." "If you look at Japan today, you would find that the central bank has made our central bank look like a little mouse that hardly tries to do anything," he said.

☆ Warren Buffett's one-time heir apparent who resigned in disgrace amid accusations of insider trading has pleaded for a judge to be lenient in sentencing Theranos founder Elizabeth Holmes
▼ + stars: | 2022-11-16 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

One letter came from David Sokol, the former Berkshire Hathaway executive who stepped down amid allegations of insider trading. In his letter, Sokol says Holmes' jury may have lacked the business knowledge he believes is necessary to reach an appropriate verdict in this case. The SEC investigated but ultimately decided not to file insider trading charges against Sokol, though Berkshire said he violated the company's insider trading policy. As a knowledgeable investor, I can say with certainty that I would not have found Ms. Holmes guilty on any of the wire fraud charges." Later in his letter, Sokol even invoked Thomas Edison's name to make his case for leniency.

☆ Buffett may have invested in TSMC too early, analyst says, predicting the best time to buy
▼ + stars: | 2022-11-15 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Legendary investor Warren Buffett may have overpaid for his latest investment in chipmaker Taiwan Semiconductor , according to one equity analyst. Buffett's Berkshire Hathaway bought more than 60 million shares of TSMC worth $4.1 billion (1.2% of TSM) in the third quarter, according to a quarterly regulatory filing . New York-listed shares in the chip stock rose 5.8% in after-hours trading to $77.08. Blank said Buffett, 92, was not as interested in buying the bottom as other investors, given Berkshire Hathaway's long-term investment horizon. The median price target of 30 analysts covering TSMC indicates a 29.8% potential upside from its share price prior to Buffett's investment, according to FactSet.

☆ Key freight rail union BMWED extends deadline for strike that threatens U.S. economy
▼ + stars: | 2022-11-09 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

The Brotherhood of Maintenance of Way Employees Division, the third largest rail union in the country, is extending its status quo period (no strike, no lockout) during which it wants to continue negotiations with the freight rail carriers. Meanwhile, two major rail unions are set to vote on ratifying the deal on Nov. 21: The Brotherhood of Locomotive Engineers and Trainmen, and the Smart Transportation Division. The rail industry has previously estimated the cost to the economy of a rail strike at $2 billion per day. The BMWED was the first rail union to vote against ratification of a labor agreement negotiated in conjunction with Biden's PEB. All 12 labor unions must ratify a labor agreement to avoid the potential for a nationwide rail shutdown.

☆ Berkshire Hathaway's operating earnings jump 20%, conglomerate buys back another $1 billion in stock
▼ + stars: | 2022-11-05 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Earnings from the company's utilities and energy businesses came in at $1.585 billion, up from $1.496 billion year over year. Insurance underwriting suffered a loss of 962 million, however, while railroad earnings dipped to $1.442 billion from $1.538 billion in 2021. Berkshire spent $1.05 billion in share repurchases during the quarter, bringing the nine-month total to $5.25 billion. However, Berkshire did post a net loss of $2.69 billion in the third quarter, versus a $10.34 billion gain a year before. Berkshire suffered a $10.1 billion loss on its investments during the quarter, bringing its 2022 decline to $63.9 billion.

☆ Elon Musk says he's not like Warren Buffett as he actually makes things - and rules out copying Berkshire Hathaway's model
▼ + stars: | 2022-10-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Elon Musk made a clear distinction between himself and Warren Buffett on an earnings call. "I'm not Warren Buffett," Musk said on the call. "I'm not Warren Buffett's biggest fan, frankly," Musk said last year. After Musk dismissed Buffett's idea of competitive moats as "lame" in 2018, the Berkshire chief responded: "Elon may turn things upside down in some areas. Read more: David Rubenstein sees Warren Buffett as the ultimate investor.

☆ Warren Buffett's favorite market gauge is reading nearly 150%, signaling US stocks are still overvalued and at risk of tumbling further
▼ + stars: | 2022-09-27 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Warren Buffett's go-to market gauge is reading nearly 150%, suggesting stocks remain overvalued. The "Buffett indicator" has retreated from over 210% in January due to the stock-market downturn. That puts the Buffett indicator at 146%, down from over 210% at the start of this year. For example, it compares the stock market's current value with a GDP reading from several months ago. Here's the St. Louis Fed's version of the Buffett indicator (both market cap and GDP are indexed to the fourth quarter of 2007):A chart showing the Buffett indicator.

☆ This spin-off focused fund is crushing the market in 2022 with an unconventional portfolio
▼ + stars: | 2022-09-20 | by ( Jesse Pound | ) www.cnbc.com time to read: +4 min

The Horizon Kinetics Spin-off and Corporate Restructuring Fund , which buys stocks shortly before or after a corporate event, has created a narrow portfolio of smaller stocks that is crushing the market in 2022. The fund has gained more than 17% in 2022 even as the S & P 500 fell into a bear market. James Davolos, a portfolio manager at Horizon Kinetics, said that spin-offs can create mispricing of stocks due to market structure. So they are probably going to sell the stock," Davolos said. Worker hospitality stock Civeo Corp ., which was spun out from Oil States International in 2014 , has also been a big winner for the Kinetics fund in 2022, gaining more than 40%.

☆ Warren Buffett's 91st year marked by a huge focus on Berkshire Hathaway's energy empire
▼ + stars: | 2022-08-30 | by ( Yun Li | ) www.cnbc.com time to read: +4 min

Warren Buffett turns 92 on Tuesday, having spent the past year expanding further his Berkshire Hathaway energy empire, making a classic value investor's bet. Plus, many energy stocks have found themselves with torrents of cash flow since the economy reopened following Covid lockdowns. "All of this just sounds like the perfect Berkshire Hathaway stock." If Berkshire continues to ramp up its Occidental investments and makes the position a controlling one, it probably reflects the influence of Greg Abel, Buffett's likely successor who has been leading the conglomerate's energy unit Berkshire Hathaway Energy. Berkshire acquired MidAmerican Energy in 1999, and Abel became CEO of MidAmerican Energy in 2008, six years before it was renamed Berkshire Hathaway Energy in 2014.

☆ Berkshire Hathaway's stock has gotten a lot cheaper since Warren Buffett's buyback binge
▼ + stars: | 2022-07-19 | by ( Yun Li | ) www.cnbc.com time to read: +4 min

A combination of factors have made Berkshire's stock cheaper. Besides the recent pullback in share prices, Berkshire's various assets have increased in value drastically in recent years, compressing the multiple of the stock. Record buybacks Warren Buffett has supported Berkshire's stock through an aggressive and consistent buyback program over the past few years. Slowdown began In the first quarter, however, Berkshire's stock buybacks slowed down to $3.2 billion from $6.9 billion in the fourth quarter of 2021 as share prices skyrocketed to a record high. Buffett himself told shareholders at its annual meeting this year that he would prefer acquiring stakes in other companies to share repurchases.

☆ Here are the top dividend stock picks from the biggest investors during market turmoil
▼ + stars: | 2022-07-14 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

The appeal for high-dividend stocks is growing fast as the market's turmoil and surging inflation shows no signs of easing. Stocks with high dividend payouts had been ignored for years as growth stocks with dramatic price appreciation took center stage. The company pays a 4.7% dividend, more than doubling that of the S & P 500. Billionaire investor Leon Cooperman previously told CNBC that energy stocks were cheap relative to commodity prices. The chairman and CEO of the Omega Family Office held a number of high-dividend stocks, including Devon Energy , Coterra Energy , Energy Transfer and Pioneer Natural Resources , some of which pay as much as 8% in dividends.

☆ Live updates: Berkshire Hathaway's annual meeting, earnings, stock price info and more
▼ + stars: | 2022-04-30 | by ( Paul R. La Monica | Cnn Business | ) edition.cnn.com time to read: +2 min

See's Candies President and CEO Pat Egan, speaks to Fox Business reporter Liz Claman about Warren Buffett's favorite See's product, Peanut Brittle, during the Berkshire Hathaway shareholders meeting, on Friday, April 29. Berkshire-owned See's Candies and Dairy Queen both had popular booths on the exhibit floor. "People need their candy," said See's Candies president and CEO Pat Egan. He added that higher labor and equipment costs are a challenge for Dairy Queen franchisees too. But Bader said Dairy Queen franchise operators have to "thread the needle" because the chain doesn't want to lose customers.

Persons: Pat Egan, Liz Claman, Warren Buffett's, John Peterson, Berkshire Hathaway, Egan, See's, Troy Bader, Bader Organizations: Fox Business, Berkshire Hathaway, Berkshire, Dairy, Dairy Queen Locations: America

☆ Berkshire Hathaway’s annual meeting is here: What to expect from Warren Buffett and Charlie Munger
▼ + stars: | 2022-04-29 | by ( Yun Li | ) www.cnbc.com time to read: +6 min

Warren Buffett at Berkshire Hathaway's annual meeting in Los Angeles California. Here are some of the big topics shareholders will want to hear from Buffett: Market outlook: The stock market has suffered a correction on fears of inflation and rising rates. The stock market has suffered a correction on fears of inflation and rising rates. A slowdown in buybacks: With Berkshire shares significantly outperforming, will Buffett cease or slow down his aggressive buyback program? With Berkshire shares significantly outperforming, will Buffett cease or slow down his aggressive buyback program?

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