Steve Jobs before his death spoke with Warren Buffett about what to do with Apple’s extra cash on hand, but didn’t take his advice. Buffett suggested that Jobs buy back Apple stock, but Jobs “just liked having the cash.
Billionaire Warren Buffett is viewed as one of the world's greatest investors, so his annual letters to Berkshire Hathaway shareholders are always read closely for lessons. Buffett no longer ventures much into politics or current events in his letters,
Berkshire Hathaway shares rose to a record on Monday after the conglomerate run by Warren Buffett posted its highest-ever quarterly profit, driven by improvement in insurance operations. Julian Satterthwaite reports.
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For Warren Buffett it appears that cash is king, but only grudgingly so. Though the company on Saturday reported a record cash holdings of some $334 billion when it released fourth-quarter earnings results,
The hedge fund manager is waging his own money this time in a bid to build another financial behemoth that can rival the life's work of Warren Buffett.
Warren Buffett-led Berkshire Hathaway (BRK.A) (BRK.B) trimmed another 2% stake in DaVita Inc. (DVA) by selling 750,000 shares. Berkshire is a
Elon Musk says his AI startup xAI's new Grok-3 chatbot could help a lucky user pick a perfect March Madness bracket, despite no perfect brackets ever having been submitted.
While Warren Buffett has been building cash reserves, the rest of the market has taken their cash holdings to the lowest level in 15 years.
Warren Buffett’s Berkshire Hathaway Inc. continued whittling a longtime bet on Bank of America Corp. in last year’s final months, while keeping a stake in Apple Inc. intact following an earlier reduction.