The Bill and Melinda Gates (BMG) Foundation Trust had $42 billion invested across 24 stocks as of the fourth quarter, but 51% of that sum was concentrated in two positions: 34% in Microsoft (NASDAQ: MSFT) and 17% in Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). What makes the BMG Foundation Trust noteworthy is its 41% return
Are you looking for some new stocks to buy but don’t know where to start? Don’t sweat it. Let a proven stock-picker do the legwork for you. Warren Buffett will do just fine. He’s not called the Oracle of Omaha for nothing, after all. Here’s a rundown of three of the bigger positions held by
OMAHA, Neb. (AP) — Shareholder proposals are usually uneventful at Berkshire Hathaway’s annual meeting. But Warren Buffett and the company are now facing a lawsuit over the way one presenter was treated last year. Peter Flaherty with the National Legal and Policy Center came back with another proposal this year on a different subject even
Queue the bears. Berkshire Hathaway’s (BRK-A, BRK-B) cash pile hit another record high in the first quarter of $189 billion, the industrial giant said in its earnings release on Saturday. That massive cash war chest will likely reach $200 billion by the end of the current quarter, Buffett told shareholders at a packed CHI Health
NEW YORK (Reuters) -Warren Buffett said he expects the U.S. government to increase taxes to tackle widening fiscal deficits rather than reduce spending. “I think higher taxes are likely,” he said on Saturday at Berkshire Hathaway’s annual shareholder meeting in Omaha. “They may decide that some day they don’t want the fiscal deficit to be
By Jonathan Stempel and Koh Gui Qing OMAHA, Nebraska (Reuters) – Warren Buffett paid tribute to his late business partner Charlie Munger at Berkshire Hathaway’s annual meeting on Saturday, while reassuring shareholders that the executives expected to succeed him were ready for the job. Buffett, legendary for his investing acumen, also praised Apple after unexpectedly
The Berkshire Hathaway (BRK-A, BRK-B) annual shareholders meeting on Saturday will be the first of a new era for the conglomerate. For the first time in decades, Warren Buffett Buffett is not joined by vice chairman Charlie Munger while taking several hours worth of questions from Berkshire shareholders. Munger passed away late last year at
Nati Harnik/AP/Shutterstock / Nati Harnik/AP/Shutterstock Warren Buffett, the CEO of Berkshire Hathaway, is considered by many to be the world’s best investor. Berkshire Hathaway was a floundering textile company when Buffett took control in 1965 and set out to turn it into a massive holding company that has made its investors rich over the years.
Matthew Cavanaugh/EPA / Shutterstock.com Warren Buffett, the CEO of Berkshire Hathaway, is considered by many to be the world’s best investor. Buffett turned Berkshire Hathaway from a struggling textile company into a massive holding company that has made its investors rich over the years. Many of those who got into the stock early enough are
It can be very profitable to track what billionaire investors are buying. After all, these investors typically became billionaires by amassing a long track record of savvy investing. Which stocks are billionaire investors buying right now? Two in particular stand out. Ray Dalio is getting defensive with this dividend stock Ray Dalio’s investment firm, Bridgewater