How's Warren Buffett doing these days? Quite well. The legendary investor recently celebrated his 90th birthday, and he appears to be as active as ever.On the other hand, Buffett's investments haven't performed so well this year. Most of the...
Successful stock investing requires you to have a long-term focus. Because the market sometimes crashes, you need at least a five-year time horizon when considering any stock investment. On the opposite end of the time horizon question, Warren...
Cloud-based data warehousing specialist Snowflake made history this week with the largest software IPO ever. The offering enjoyed extreme demand from investors, potentially due to the fact that Warren Buffett's Berkshire Hathaway made the rare move...
Related topics: Initial Public Offering, Berkshire Hathaway
Bill Gates has already retired as CEO, but Warren Buffett is still going strong.
Rick Wilking/Reuters
Retirement is inevitable, even for the world's richest CEOs.
Amazon CEO Jeff Bezos, Berkshire Hathaway CEO Warren Buffett, and Tesla Motors CEO...
Related topics: Bill Gates, Reuters, Amazon, Amazon (AMZN), Jeff Bezos, Berkshire Hathaway, Tesla
The initial public offering (IPO) of Snowflake (NYSE: SNOW) grabbed a lot of attention as the cloud-based big data specialist's S-1 revealed remarkable growth over the last several quarters. In addition, Warren Buffett's conglomerate Berkshire...
Related topics: Cloudera, Initial Public Offering, US Equity Markets, Berkshire Hathaway
REUTERS/Rick Wilking/File Photo
Warren Buffett's Berkshire Hathaway saw its stake in Snowflake surge by more than $800 million on Wednesday as the cloud-data unicorn's shares more than doubled in their first day of trading.Berkshire held roughly...
Related topics: Berkshire Hathaway, Reuters, Business Photos
Investors have recently become very enthusiastic about electric vehicle companies. Thanks to vast improvements in battery technology over the past decade, EVs are now getting closer to cost parity with gas-powered internal combustion engines. When...
Let's get this out of the way right up front: Forever is a very long time and it almost seems disingenuous to suggest it. In all honesty, nobody knows what will happen tomorrow or a year from now, let alone in five or ten years' time -- or...
Warren Buffett and Charlie Munger have called them "moats." Harvard Business School professor Michael Porter called them "barriers to entry" in his famous 1979 article "How Competitive Forces Shape Strategy." Factors that make it difficult for...
Related topics: Tesla, Genetics, Harvard University
REUTERS/Scott Olson
Billionaire investor-backed Snowflake said it would raise $3.4 billion in the largest-ever software IPO, giving it a value of over $33 billion.The cloud-data platform will sell 28 million shares priced at $120 a piece.Snowflake...
Related topics: Initial Public Offering, Reuters
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sony Corporation (SNE): Free Stock Analysis Report Berkshire Hathaway Inc. (BRK.B):...
Related topics: Japan, Berkshire Hathaway
Kim 'Krashdashian' Breaks The Market Despite SPACs, Snowflake, & Soaring Zombies
Tyler Durden
Tue, 09/15/2020 - 16:00
Buffett barreling into Snowflake's IPO, yet more SPACs, WTO Ruling against US (in favor of China), a...
Related topics: Initial Public Offering, China
Warren Buffett may very well be the most successful investor alive today. As CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), Buffett has led his company to an annualized return of 20.3% over the past 55 years. For some context here, that's...
Related topics: Berkshire Hathaway, US Equity Markets
Citi Restarts Job Cuts, Ending Pandemic "No Layoff" Pledge
Tyler Durden
Mon, 09/14/2020 - 20:40
And the hits just keep on coming for Citigroup.
While not nearly as much of a shitshow as Wells Fargo, where even Warren...
Related topics: Citi, Citigroup
Wall Street Journal: “Billionaire investor Warren Buffett was an active fundraiser and campaigner for the past two Democratic presidential nominees. In 2020, he’s yet to become publicly involved with former Vice President Joe Biden’s bid...
Related topics: Joe Biden
The stock market has its heroes. Value seekers deify Warren Buffett for his stoicism, short sellers worship Nassim Taleb for his prophetic “black swan” theory, and daytrading bros unironically find comfort in Barstool Sports’ Dave Portnoy. But...
Related topics: Nassim Taleb
Investors love watching where Warren Buffett invests for his Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) conglomerate. Buffett recently announced that he has been accumulating shares in five of the top Japanese trading companies, and now owns...
Related topics: Berkshire Hathaway, US Equity Markets
No matter how you slice the data, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett is one of the greatest investors and leaders of our generation. Since 1965, Berkshire's stock has averaged a compound annual return of 20.3%. That's...
Related topics: Initial Public Offering, Berkshire Hathaway, US Equity Markets
Warren Buffett.
Getty Images
Warren Buffett's Berkshire Hathaway plans to invest about $570 million in Snowflake when the cloud-data platform goes public.Berkshire is set to buy about 7 million to 7.4 million shares, giving it a roughly 2.5%...
Related topics: Berkshire Hathaway
Warren Buffett is about as different from the stereotypical Robinhood investor as you can get. Having just turned 90 years old, he's very experienced. He's arguably the most famous investor of all time, and ranks among the richest people in the...