Articles for Class A Share

Warren Buffett surprises by slashing Berkshire Hathaway’s longtime Apple stake
4 months, 2 weeks ago

Warren Buffett surprises by slashing Berkshire Hathaway’s longtime Apple stake

LA Times  

Michelle King of San Francisco does yoga in the See’s Candies booth before the arrival of shareholders for the Berkshire Hathaway annual meeting on May 4, 2024, in Omaha. Billionaire Warren Buffett slashed Berkshire Hathaway’s massive Apple stake in a move that could prove unsettling for the broader stock market — both because the investor is so revered and because …

Apple Share Billion Stake Buffett Berkshire Class A Share
Warren Buffett surprises by slashing Berkshire Hathaway’s longtime Apple stake in second quarter
4 months, 2 weeks ago

Warren Buffett surprises by slashing Berkshire Hathaway’s longtime Apple stake in second quarter

Associated Press  

— Billionaire Warren Buffett slashed Berkshire Hathaway’s massive Apple stake in a move that could prove unsettling for the broader stock market — both because the investor is so revered and because there had been little positive financial news lately. Just two years ago Buffett called the stock one of the four giants of his conglomerate’s business alongside Berkshire insurance, …

Share Billion Stake Buffett Second Quarter Berkshire Longtime Apple
Berkshire’s profit plunges 64% on portfolio holdings as Buffett sells Apple
7 months, 2 weeks ago

Berkshire’s profit plunges 64% on portfolio holdings as Buffett sells Apple

Associated Press  

— Berkshire Hathaway’s first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. On a per share basis, this year’s first quarter operating figure amounts to $7,796.47 per Class A share, beating three analysts’ estimates by FactSet Research, who predicted $6,701.87 per Class …

Share Billion Buffett Berkshire Class A Share Operating Profit
Warren Buffett says AI may be better for scammers than society. And he’s seen how
7 months, 2 weeks ago

Warren Buffett says AI may be better for scammers than society. And he’s seen how

Associated Press  

— Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become “the growth industry of all time.” Doubling down on his cautionary words from last year, Buffett told the throngs he recently came face to face with the downside of AI. The meeting opened with a video …

Companies Share Ai Omaha Jain Meeting Warren
Warren Buffett tells investors to ignore Wall Street pundits while paying tribute to Charlie Munger
9 months, 4 weeks ago

Warren Buffett tells investors to ignore Wall Street pundits while paying tribute to Charlie Munger

The Independent  

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Share Class Billion Warren Buffett Buffett Berkshire Class A Share
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire’s successes
9 months, 4 weeks ago

Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire’s successes

Associated Press  

— Warren Buffett credited his longtime partner — the late Charlie Munger — with being the architect of the Berkshire Hathaway conglomerate he has received the credit for leading and warned shareholders in his annual letter Saturday not to listen to Wall Street pundits or financial advisers who urge them to trade often. That would be like finding gold and …

Investors Share Class Billion Letter Wall Street Ready
Warren Buffett’s firm reports $12.8 billion loss as investments fall but its insurers performed well
1 year, 1 month ago

Warren Buffett’s firm reports $12.8 billion loss as investments fall but its insurers performed well

Associated Press  

— Warren Buffett’s company has reported a nearly $13 billion loss in the third quarter as the paper value of its investments fell, but the companies it owns — particularly the insurers — generally performed well. That’s why Buffett has long said investors are better served focusing on Berkshire’s operating earnings, which exclude the value of its investments that can …

Loss Billion Quarter Berkshire Hathaway Haslam Buffett Operating
Profits at Warren Buffett’s firm reach $36B as stocks surge and its insurance holdings perform well
1 year, 4 months ago

Profits at Warren Buffett’s firm reach $36B as stocks surge and its insurance holdings perform well

Associated Press  

— Profits rebounded at Warren Buffett’s conglomerate along with the value of its $353 billion stock portfolio in the second quarter to hit $35.9 billion, and many of Berkshire Hathaway’s assorted businesses also performed well, led by strong results in its core insurance businesses, particularly Geico. Berkshire’s revenue jumped to $92.5 billion from last year’s $76.2 billion thanks largely to …

Share Billion Quarter Berkshire Hathaway Profits Buffett Berkshire
Warren Buffett touts benefits of buybacks in his shareholder letter; All you need to know
1 year, 9 months ago

Warren Buffett touts benefits of buybacks in his shareholder letter; All you need to know

Live Mint  

— Billionaire Warren Buffett said critics of stock buybacks are “either an economic illiterate or a silver-tongued demagogue” or both, and all investors benefit from them as long as they are made at the right prices. Buffett used part of his annual letter to Berkshire Hathaway shareholders Saturday to tout the benefits of repurchases that fiery Wall Street critics like …

Billion Buffett Berkshire Class A Share Operating Earnings
Buffett touts benefits of buybacks in his shareholder letter
1 year, 9 months ago

Buffett touts benefits of buybacks in his shareholder letter

Associated Press  

— Billionaire Warren Buffett said critics of stock buybacks are “either an economic illiterate or a silver-tongued demagogue” or both, and all investors benefit from them as long as they are made at the right prices. Buffett used his typical self-deprecating style to say Berkshire’s remarkable record of doubling the returns of the S&P 500 over the last 58 years …

Billion Buffett Class A Share Operating Earnings Berkshire Benefits
Warren Buffett tells shareholders about spending $51 billion
2 years, 7 months ago

Warren Buffett tells shareholders about spending $51 billion

Associated Press  

— Warren Buffett gave Berkshire Hathaway investors a few details Saturday about how he spent more than $50 billion earlier this year and again reassured them that the company he built will endure long after the 91-year-old billionaire is gone. Buffett said Berkshire was able to take advantage of the fact that Wall Street is largely run like a “gambling …

Investment Company Share Billion Dalton Berkshire Hathaway Buffett
Buffet’s Berkshire sees 53% drop in first quarter income, operating results flat
2 years, 7 months ago

Buffet’s Berkshire sees 53% drop in first quarter income, operating results flat

Live Mint  

Warren Buffett's Berkshire Hathaway Inc dove into equity markets in the first quarter, spending more than $51 billion on stocks including a much larger stake in Chevron Corp. Berkshire, which Buffett has run since 1965, also said on Saturday quarterly operating profit was little changed from a year earlier, with some businesses able to fend off supply chain disruptions. The …

Stock Billion Quarter Chevron Buffett Bnsf Berkshire
Buffett still wants deals but can’t find any attractive ones
2 years, 9 months ago

Buffett still wants deals but can’t find any attractive ones

Associated Press  

— Billionaire Warren Buffett says his company has benefited from some “extraordinary luck” in finding acquisitions like BNSF railroad over the decades, but he hasn’t had much of that in recent years as Berkshire Hathaway’s cash pile has grown to nearly $147 billion. By that measure, Berkshire’s operating earnings jumped from $5.02 billion, or $3,224.74 per Class A share, to …

Companies Stock Share Billion Omaha Buffett Bnsf
Warren Buffett warns investors not to gamble on stocks
3 years, 7 months ago

Warren Buffett warns investors not to gamble on stocks

Associated Press  

— Billionaire Warren Buffett warned people not to think investing is an easy way to make a fortune as he answered a variety of questions at Berkshire Hathaway’s annual meeting Saturday. Buffett spent several hours answering questions Saturday afternoon at an online version of Berkshire’s annual meeting alongside vice chairmen Charlie Munger, Greg Abel and Ajit Jain. I think I …

Company Billion Omaha Annual Meeting Major Warren Buffett
Warren Buffett again encourages investors to bet on America
3 years, 9 months ago

Warren Buffett again encourages investors to bet on America

Associated Press  

— Billionaire Warren Buffett encouraged investors to maintain their faith in America’s economy and the businesses his Berkshire Hathaway conglomerate owns in a reassuring letter to his shareholders Saturday. Buffett said one of his biggest investments last year was the $25 billion repurchase of Berkshire’s own shares. One of Berkshire’s hardest-hit businesses last year was aviation parts manufacturer Precision Castparts, …

Share Billion Businesses Jain Last Year Letter Buffett
Profit up 87% at Buffett’s firm, but virus slows businesses
4 years, 4 months ago

Profit up 87% at Buffett’s firm, but virus slows businesses

Associated Press  

— Warren Buffett’s company reported an 87% jump in its second-quarter profit as the paper value of its investment portfolio increased with the stock market, but it took a roughly $10 billion write down on the value of its aircraft parts manufacturing business because of the economic impact of the coronavirus pandemic. Berkshire Hathaway Inc. said Saturday that it earned …

Share Billion Quarter Buffett Bnsf Berkshire Class A Share
Profit up 87% at Warren Buffett’s firm, but virus slows businesses
4 years, 4 months ago

Profit up 87% at Warren Buffett’s firm, but virus slows businesses

Live Mint  

Warren Buffett's company reported an 87% jump in its second-quarter profit as the paper value of its investment portfolio increased with the stock market, but it took a roughly $10 billion write down on the value of its aircraft parts manufacturing business because of the economic impact of the coronavirus pandemic. Berkshire Hathaway Inc. said Saturday that it earned $26.3 …

Share Billion Buffett Bnsf Berkshire Class A Share Geico