[ Warren Buffett recently shared his thoughts on the potential impact of Artificial Intelligence during Berkshire Hathaway‘s Annual Shareholder meeting. He expressed concern about the technology’s ability to deceive, citing a personal experience where he witnessed a video of himself delivering a message that he never actually recorded. The video was so convincing that even … Read more
[ OMAHA: Berkshire Hathaway significantly reduced its enormous stake in Apple in the first quarter, as Warren Buffett‘s conglomerate let its cash hoard swell to a record $189 billion. Buffett’s company also posted a record operating profit exceeding $11 billion, as its insurance operations benefited from improved underwriting and higher income from investments as interest … Read more
[ Warren Buffett says he has sold all of his shares in Paramount Global at a significant loss. Speaking at the annual meeting of Berkshire Hathaway, his company, today in Omaha, NE, the billionaire investor took full ownership of the bad call. Despite speculation to the contrary, he said, “It was 100% my decision” to … Read more
[ Berkshire Hathaway profits: Warren Buffett‘s Berkshire Hathaway inched toward a $1 trillion market value on Monday, marking a significant achievement following its second consecutive record annual profit.According to a Reuters report, Buffett reassured shareholders that Berkshire Hathaway is a company “built to last.” This declaration comes as the conglomerate emerges as the largest financial … Read more
[ Warren Buffett’s Berkshire Hathaway Inc has announced that its cash reserves has reached an unprecedented level, as the veteran investor expressed his frustration over the scarcity of significant transactions that could potentially lead to remarkable gains.The conglomerate’s cache of cash climbed to an all-time high of $167.6 billion during the fourth quarter, as it … Read more
[ NEW DELHI: In an annual letter addressed to his shareholders, Warren Buffett acknowledged the contributions of his late business partner Charlie Munger in building the business, calling him the “architect” of Berkshire Hathaway.Warning his shareholders against Wall Street experts, Buffet said not to pay heed to those financial advisers who suggest them to trade … Read more
[ Warren Buffett can cause executives angst when he invests in their companies.Japan’s trading firms illustrate this point. Berkshire Hathaway Inc bought stakes in them in August 2020, which raised their international profile and attracted other investors. Over the next four years, the five companies outperformed the broader market. Buffett’s influence can cut both ways … Read more
