Warren Buffett News

Warren Buffett Says Berkshire ‘Built to Last’ Though Eye-Popping Gains Are Over

Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire Hathaway would serve them well over the long term, even as he mourned the recent passing of his longtime second-in-command Charlie Munger. In his widely-read annual letter to …

Buffett Gave Tribute to Partner and Friend Munger in Latest Annual Report

Warren Buffett’s Berkshire Hathaway released a brief statement late Tuesday announcing the death of Vice Chair Charlie Munger but the CEO paid tribute to his long-time partner months ago in the company’s most recent annual report. Under the heading, “Nothing …

Berkshire Hathaway Reports $12.8B Loss as Investments Fall; Insurance Performed Well

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. Berkshire Hathaway said Saturday that …

Buffett Watchers Tout Japan Insurers, Banks as Next Potential Value Targets

Warren Buffett’s buying of Japanese trading firms helped propel the nation’s stocks to multi-decade highs. Six months on, insurers and banks are emerging as the next potential value targets. Insurers have low price-to-book ratios, strong fundamentals and relatively high returns, …

Warren Buffett’s Bet on Mild Florida Storm Season Faces Test With Hurricane Idalia

Berkshire Hathaway Inc. bet big earlier this year that Florida’s reinsurance market would deliver huge premiums with minimal losses. Hurricane Idalia is about to offer a test of that calculus, with months of potential storms left this season. Warren Buffett’s …

Warren Buffett Gives $27M in Berkshire Hathaway Stock to an Unnamed Charity

Investor Warren Buffett has donated Berkshire Hathaway stock worth $27 million to an unnamed charity. Buffett disclosed the gift of 50 Class A shares of Berkshire stock in a filing with the Securities and Exchange Commission late Wednesday. This donation …

Warren Buffett Predicts Earnings Decline at Berkshire Units

Warren Buffett, whose economic insights are craved for Berkshire Hathaway Inc.’s deep ties to the American economy, had a gloomy prediction for his own businesses: the good times may be over. The billionaire investor expects earnings at the majority of …

Warren Buffett in Contact With Biden Team on Banking Crisis

Berkshire Hathaway Inc.’s Warren Buffett has been in touch with senior officials in President Joe Biden’s administration in recent days as the regional banking crisis unfolds. There have been multiple conversations between Biden’s team and Buffett in the past week, …

Berkshire Hathaway to Beef Up Risk Disclosures Following SEC Request

Berkshire Hathaway Inc. agreed to better explain how its board of directors manages risks, including those taken by longtime Chairman Warren Buffett, after the U.S. Securities and Exchange Commission asked that it do a better job. In correspondence made public …

Buffett’s Dairy Queen Loses Lawsuit Over ‘Blizzard’ Name

A federal judge ruled that Dairy Queen cannot stop W.B. Mason Co from selling “Blizzard” bottled spring water, the same name the unit of Warren Buffett’s Berkshire Hathaway Inc BRKa.N uses for a popular ice cream product. In a 217-page …