Market Moves
‘Forever’ Investor Buffett Ditches Stocks He Just Bought
Oracle’s Berkshire sells Barrick Gold and Pfizer, and expands Chevron stake despite his green leanings.
Tag: Berkshire Hathaway
Asset Allocation
Gold-Hater Buffett Joins Rush into Precious Metal
An odd choice for the inveterate value investor, who just bought a hot stock in a miner of the glittering substance.
Market Moves
Why Did Bill Ackman Unload His Berkshire Stake?
A self-proclaimed acolyte of Warren Buffett, the hedgie isn’t loudly applauding the Oracle of Omaha like before.
Ackman, Buying a Stake in Idol Buffett’s Firm, Finally Turns a 2019 Profit
Hedge fund chief has touted his recent Berkshire purchase as an element of his comeback, although that’s unlikely.
Newsmakers
Warren Buffet Tells Pensions and Endowments to Cut Management Fees
Wizard of Omaha has slipped in some subtle advice for funds in Berkshire’s annual letter.
Newsmakers
New Accounting Rules Trigger a Paper Loss for Berkshire, but Buffett Says It’s OK
Company has $110 billion ready to make a large cash acquisition.