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Text size Warren Buffett’s Berkshire Hathaway wasn’t a buyer of its own stock in April, but that might have changed with the market’s recent drop. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hathaway ’s equity portfolio is suffering a $65 billion hit so far in the second quarter, led by losses in Apple , Bank … Read More “Berkshire Hathaway’s Equity Portfolio Is Down An Estimated $65 Billion So Far in This Quarter” »
Text size Goldman Sachs stock is trading below book value. Spencer Platt/Getty Images The old saw is to buy Goldman Sachs when it trades below its book value—and investors once again have that opportunity. Shares of Goldman Sachs Group (ticker: GS) declined 5.5% during Friday’s selloff, ending at $287.56 each. Goldman now trades below its … Read More “Goldman Sachs and Wells Fargo Are Now Trading Below Book Value. Time to Pounce.” »
Text size Apple makes up 40% of Berkshire Hathaway’s equity portfolio. Johannes Eisele / AFP via Getty Images Warren Buffett loves Apple , but Berkshire Hathaway’s large stake in the iPhone maker is damaged: Apple stock has fallen about 20% this quarter. Berkshire Hathaway (ticker: BRK. A, BRK. B) had about 911 million Apple shares … Read More “Warren Buffett’s Berkshire Hathaway gets a $ 30 billion hit on Apple” »
Text size Preferred stock has long appealed to retail investors because of the relatively high and secure dividend yields. Getty Images The preferred-stock market has suffered one of its worst selloffs in decades as yields on leading bank preferred issues have risen to about 6% from 4%. But with yields now at their highest levels … Read More “Preferred Stocks Have Plunged This Year. But There Are Opportunities If You Know Where To Look.” »
Banks all over the US and around the world have curtailed lending to the US oil-and-gas sector. BOK Financial Corp. BOKF 1.09% has doubled down. The Tulsa, Okla.-based bank holding company for the Bank of Albuquerque, Bank of Oklahoma and Bank of Texas, along with other financial-services companies, is majority-owned by billionaire oilman George Kaiser. … Read More “Billionaire George Kaiser’s Bank Drills Deeper Into the Oil Patch” »
Text size Photograph by Justin Sullivan / Getty Images There is a cottage industry on Wall Street predicting what Warren would buy. That, of course, refers to Berkshire Hathaway (ticker: BRK.B) Chairman and CEO Warren Buffett, one of the most successful investors in history. This year, amid stormy investing seas, Buffett seems to be focusing … Read More “Warren Buffett’s Berkshire Hathaway Spent Billions on Chevron. This Might Be Why.” »
Text size Photograph by Justin Sullivan / Getty Images There is a cottage industry on Wall Street predicting what would Warren would buy. That, of course, refers to Berkshire Hathawa y (ticker: BRK.B) Chairman and CEO Warren Buffett, one of the most successful investors in history. This year, amid stormy investing seas, Buffett seems to … Read More “Warren Buffett’s Berkshire Hathaway Spent Billions on Chevron. This Might Be Why.” »
OMAHA, Neb. — As recently as February, Warren Buffett lamented he wasn’t finding much out there that was worth buying. That is no longer the case. After a yearslong deal drought, Mr. Buffett’s Berkshire Hathaway Inc. BRK.B -2.55% is opening up the spending spigot again. It forged an $ 11.6 billion deal to buy insurer … Read More “Warren Buffett Says Markets Have Become a ‘Gambling Parlor’” »
During the long, tech-driven bull market, you may have seen more than one article suggesting Berkshire Hathaway CEO Warren Buffett’s investing style was no longer valid. With Buffett leading the conglomerate’s annual meeting on April 30, this is a good time to take a fresh look at Berkshire’s performance. The notion that Buffett is outdated … Read More “Warren Buffett and Berkshire Hathaway are once again outperforming the stock market. Apple is one big reason but these other 10 stocks also helped” »
On Monday morning, the nation’s second largest bank released the firm’s first quarter financial results. Those results appear to be somewhat better than some had expected after seeing several competitors report last week. For the period ended March 31st, Bank of America (BAC) posted GAAP EPS of $ 0.80 (net income of $ 7.1M), which … Read More “Bank of America’s Results Are Better Than Expected: Here My Plan” »
