Warren Buffett

Chairman & CEO, Berkshire Hathaway

Birth DetailsAugust 30, 1930 | Omaha, Nebraska, United States

NationalityAmerican

LeagueBusiness Leader

EducationMaster of Science, Columbia University

Net Worth$72.8 billion (as of May 29, 2020)

Warren Buffett's Assets

Stake in Berkshire Hathway

Warren Buffett's Journey so far ...

Born to a stockbroker father who later went on to become a politician, Warren Edward Buffett started investing right at the age of 11. At the age of 13, Buffett was delivering newspapers and also filing his income-tax returns
He completed his Masters from Columbia University where he was taught by famous investors Ben Graham and David Dodd. Buffett was impressed by Graham's book, The Intelligent Investor, and once said that it was one of the best books ever written on investing
In 1956, Warren Buffett founded the Buffett Partnership Limited (BPL) which eventually went on to take control of Berkshire Hathaway, a northern textile manufacturer, in 1965
Famously called the Oracle of Omaha, Buffett picked up companies which were undervalued but had solid fundamentals and the potential to deliver profits in the long run. Currently, Berkshire Hathaway has investments in some top American companies like Apple, American Express, Bank of America and The Coca- Cola Company
Headquartered in Omaha, Nebraska, Berkshire Hathway turned into a conglomerate of over sixty companies consisting of marques like Duracell and GEICO Insurance under Buffett’s leadership
In a career spanning over six decades, Buffett remains arguably one of the greatest investors of all times and is known for his annual letter to shareholders. The contents of the letter are closely tracked by investors, economists and stock market analysts
Buffett took a big decision in 2006 when he decided to donate 99% of his earnings to charity, the largest in US history. He decided to give 85% to the Bill and Melinda Gates Foundation, and in 2019 he donated $3.6 billion to it. Till date, Buffett has donated more than $38 billion to charity

Before you go ...

Every year, Warren Buffett organises a lunch which is auctioned on eBay. The highest bidder gets to have lunch with him and is also allowed to bring up to seven friends. The amount is donated to Glide, a San Francisco charity that takes care of the homeless and drug-addicted people
He was awarded the Presidential Medal of Freedom in 2011 by the then US president Barack Obama
In 2010, Warren Buffett teamed up with Bill Gates to launch the Giving Pledge campaign, urging the world's wealthiest individuals to pledge half of their wealth to philanthropy or charity
Harvard Business School rejected Buffett when he had applied for admission

Last Updated: 15/02/2021

Warren Buffett News

Big disclosure by Warren Buffett in surprise message to shareholders; this is what will happen to his fortune after his death
Warren Buffett has already started contemplating about his wealth and shareholders after he dies, something that is already surprising a majority at the US stock market. Is this panic or visionary thinking on Buffett's end?
Warren Buffett hasn't invested too much in technology so far, but now 35% of his portfolio is in these three AI stocks; here's why
Warren Buffet is currently showing off his portfolio in style but he has not invested a large part of his diversifications into tech stocks itself. His top-notch portfolio features three top AI stocks in the US stock market and these are his justifications of buying these stocks.
Why Warren Buffett with net worth of $147 billion stopped giving $10,000 to his children as Christmas gifts
Warren Buffett, known for his frugality, shifted from gifting cash to stocks, including Coca-Cola and Wells Fargo shares, to his children. His daughter-in-law, Mary Buffett, recalled this change, highlighting how the stock gifts appreciated in value. Buffett's daughter, Susie, defended his approach, emphasizing his generosity beyond monetary inheritance. Family Christmas gatherings often revolved around investment discussions with industry leaders.
Warren Buffett's resounding warning signals for the market; here's what investors need to do
Warren Buffett is currently showing a serious spot of concern for the US stock market as he is of the opinion that US investors should have due cash on hand during these end of year periods and avoid inflated prices of stocks, which could end up being a trap for losing money.
Why falling fertility is not a crisis
Demographic transition is causing declining birthrates, raising anxiety among policymakers. With notable fertility rate drops in countries like China, South Korea, and Japan, the response involves innovative policies and tech integration. While aging populations pose challenges, the societal shift toward smaller families should be seen as an opportunity for adaptation and prosperity.
Buffett’s Berkshire is being packaged into a leveraged ETF
One of South Korea’s largest retail brokerages, Kiwoom Securities Co., now plans to bundle Class B shares into an exchange-traded fund enhanced with derivatives—an approach Warren Buffett might disapprove of. Kiwoom has partnered with Milwaukee-based Tidal Investments to launch an ETF aiming to deliver 200% of Berkshire’s daily performance, according to a regulatory filing.
Nifty and Sensex dip post-Muhurat rally; experts blame THESE global factors
The Indian stock market opened lower on Monday, with Nifty 50 and BSE Sensex both declining.
Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock
Berkshire said it sold off more Apple shares in the third quarter after halving its massive investment in the iPhone maker last quarter. The stake valued at $69.9 billion at the end of September remains Berkshire's biggest single investment.
Berkshire's cash sets record as Buffett sells Apple, BofA; operating profit falls
Warren Buffett's Berkshire Hathaway continued to reduce its stock holdings in Q3, selling 100 million Apple shares and boosting its cash reserves to a record $325.2 billion. Meanwhile, operating profit fell 6% to $10.09 billion, while net income reached $26.25 billion due to improved stock valuations.
Warren Buffett finally reveals his 2024 US election endorsement and it is a surprise for many
US election 2024: Billionaire Warren Buffet has finally disclosed who is he endorsing for the 2024 US presidential elections. Buffet, who has previously supported Democrats, has been mostly neutral regarding politics for years. He stayed out of the 2020 US presidential race. His announcement follows a spate of impersonation attempts on social media which he called highly concerning.
Do you know how to calculate a stock’s intrinsic value? Learn it from experts in Value & Valuation Masterclass
ETMarkets is offering a four-day masterclass on Value and Valuation, featuring experienced finance professionals Himanshu Goel and Manoj Goel. The masterclass will delve into value investing principles and their real-world applications, using case studies of Tata Motors and Zomato.
Who is Warren Buffett going to vote for in U.S. elections? He has picked a side; here's all you need to know
Warren Buffett has announced that he will not support either Kamala Harris or Donald Trump in the 2024 United States presidential election.
Buffett's Berkshire continues to reduce Bank of America stake
Berkshire Hathaway, led by Warren Buffett, has continued to sell Bank of America shares. Nearly 8.7 million shares were sold for $370 million as of Oct. 15. Previously, 9.5 million shares were sold for $382.4 million, reducing Berkshire's stake in Bank of America to below 10%. The selling began in mid-July.
Mark Zuckerberg, Warren Buffett silent on backing Kamala Harris as US presidential candidate. Has Trump earned their support?
As the 2024 US Presidential race intensifies, Vice President Kamala Harris secures financial backing from 76 billionaires, including Michael Bloomberg and Reid Hoffman. Former President Donald Trump has the support of 49 billionaires, such as Miriam Adelson. Notably, some prominent figures like Jeff Bezos and Bill Gates remain neutral. Full financial data will be available by December.
Berkshire Hathaway raises $1.9 bln in global yen bonds, set to boost Japan bets
Warren Buffett's Berkshire Hathaway raises $1.9 billion through a yen-denominated bond sale, marking its largest Japanese currency bond deal in five years. The raised funds will be used for general corporate purposes, signaling increased interest in Japanese assets and boosting foreign investment in Japan's stock market.
Buffett's Berkshire cuts stake in BofA to below 10%
Billionaire Warren Buffett's Berkshire Hathaway sold 9.5 million Bank of America shares this week, lowering its stake to below 10%. Berkshire has been reducing its holdings since mid-July, having initially invested $5 billion in 2011. Investors will await quarterly reports for further updates.
Berkshire Hathaway raises $1.9 billion in bond deal, term sheet shows
Warren Buffett's Berkshire Hathaway raised 281.8 billion yen ($1.9 billion) by issuing seven-tranche yen-denominated bonds, with the largest 3-year tranche raising 155.4 billion yen. This marks the largest yen-denominated bond issuance for Berkshire since 2019. Proceeds will be used for general corporate purposes.
Next Warren Buffett? 26-year-old Meerut investor's matrimonial ad claims Rs 29 LPA and growing. Internet can’t believe it
A 26-year-old investor from Meerut has gone viral for a matrimonial ad claiming his Rs 29 lakh income grows 54% annually. He offers a PowerPoint on safe investing, sparking both amusement and skepticism online, with many doubting the realism of his financial claims.
Warren Buffett may target Japan bank and insurance shares, analysts say
Warren Buffett's yen bond sale suggests he may be raising money to invest in Japanese financial firms and shipping companies. His previous investments in Japan were financed through yen bonds.
Warren Buffett sells $338 million of BofA stock as spree slows
Warren Buffett’s Berkshire Hathaway has been gradually reducing its stake in Bank of America, with recent sales at lower prices compared to earlier disposals. The latest transactions fetched $338 million, marking a decrease from prior rounds, though Berkshire remains the bank's top shareholder with a 10.2% stake valued at over $31 billion.
Regret holding cash in buying frenzy? Here’s why experienced investors call it a smart move
Investors are increasingly holding cash due to concerns over high share valuations and market excesses. Despite criticism, including from Warren Buffett, many prefer the safety of cash or equivalents. Experienced investors are particularly cautious, while newer ones remain bullish. Cash holdings offer a cushion against potential market downturns.
Ajit Jain sells half of his Class A shares in Berkshire Hathaway
Ajit Jain, vice chair of insurance operations at Berkshire Hathaway, sold $139 million worth of Class A shares in the company. Jain disposed of 200 shares at approximately $695,418 each, leaving him with control of 166 shares. Jain joined Berkshire Hathaway in 1986 and has been praised by Warren Buffett for his contributions to the firm.
Berkshire Hathaway's Ajit Jain sells more than half his stake in co for $139 million: Report
Berkshire Hathaway's Vice Chairman Ajit Jain has sold more than half of his stake in the company, garnering $139 million, according to a media report.
Has cure for cancer been found? Here's what scientists have discovered
Researchers have found a brand-new technique for eliminating cancer cells that involves vibrating molecules. Researchers may have discovered fresh possibilities for cancer treatment by using near-infrared light to activate these molecules, which produced encouraging results in laboratory experiments.
Warren Buffett disowns his grand daughter Nicole, what could have gone wrong?
Warren Buffett ended his relation with Nicole Buffet, his granddaughter which highlights that even billionaires didn't get rid from family conflicts. Despite a good relation in the past, Warren disowned Nicole as she discussed about her family wealth in a public space. Struggling with an income of $40,000, Nicole's life took a drastic turn from lavish lifestyle.
Teachers’ Day: Here are 7 trading and investing lessons from stock market stalwarts
As India celebrates Teachers' Day, we reflect on timeless investing wisdom from market legends like Warren Buffett, Charlie Munger, and Peter Lynch. Their principles highlight the importance of understanding, skepticism, patience, and self-reliance amid today’s proliferation of dubious investment advice.
India can lead gobal south that will rule the world for next 100 years: Kiril Sokoloff
Investment strategist Kiril Sokoloff shares his optimism on India's economic potential, the uncertainties in the US economy, the impact of upcoming US elections, and the future of global currencies. He discusses the potential of Indian equities, the strength of China's technological advancements, the trajectory of oil prices, and the rising importance of gold and silver.
Billionaire Buffett again sells BofA shares worth about $845 mln
Billionaire Warren Buffett's Berkshire Hathaway has sold $845 million worth of Bank of America shares, its top holding. Since July, Berkshire has unloaded over $6 billion in shares. Buffett had expressed confidence in the bank's CEO, Brian Moynihan. Bank of America shares have gained 21% this year, close to the S&P 500 Banks Index's 22.6% rise.
Raamdeo Agrawal on price, value & how Buffett's Berkshire Hathaway could end up with $10-20 trillion net worth
Raamdeo Agrawal of Motilal Oswal Group discusses the importance of understanding value over price for every investor and also highlights Warren Buffett's achievements and investment strategies. He praises Buffett's 20% compounded growth over decades and notes that Buffett's limited investment in India despite significant Indian contributions to Berkshire Hathaway's success.
94th birthday gift for Oracle of Omaha: Warren Buffett's Berkshire Hathaway becomes world's first nanotechnology company to hit $1 trillion mcap
Warren Buffett's Berkshire Hathaway is currently making headlines for touching the $1 trillion mcap mark, being one of the first nanotech companies in the world to do so. This can be considered as a birthday gift for Buffet, who touches 94 years of age on August 30.
Buffett's Berkshire Hathaway hits $1 tn market value
Warren Buffett's Berkshire Hathaway holding company crossed $1 trillion in market value Wednesday, making it the first non-tech firm on Wall Street to pass the milestone. On Wednesday, Berkshire Hathaway's market capitalization crossed $1 trillion in early trading, putting it in an exclusive club alongside tech titans like Apple, Nvidia and Microsoft.
Warren Buffett's Berkshire Hathaway tops $1 trillion market value
The market value of Berkshire Hathaway surpassed $1 trillion on Wednesday, reflecting investor confidence in the conglomerate that Warren Buffett built over nearly six decades into what many consider a proxy for the American economy.
Warren Buffett sells more BofA shares, reaping $982 million
Warren Buffett's Berkshire Hathaway has sold additional Bank of America shares worth $982 million, bringing the total stake reduction to 13% and generating $5.4 billion since mid-July. The move marks a significant pullback from an investment that began in 2011. Berkshire remains the bank's largest shareholder, holding shares worth $35.9 billion.
Read my lipstick, beauty is equity: What Warren Buffett’s investment in a beauty company foretells about the economy
Warren Buffett's recent purchase of Ulta Beauty Inc. shares has sparked concerns of a possible US recession. This aligns with the 'lipstick theory,' which suggests increased cosmetic sales during downturns. As high interest rates and rising unemployment plague the economy, Buffett's cautious investment choices may signal a strategic preparation for tougher times.
What Warren Buffett’s Apple sale brings back to the investment world
Warren Buffett partially sold his Apple shares, citing high valuations despite the company's robust profitability. Apple was a bargain in 2016 but has become much more expensive. This move underscores the need to weigh quality against price, even for excellent names like Apple. It emphasizes a cautious approach to investing.
5 lessons from Rakesh Jhunjhunwala's investment philosophy on his 2nd death anniversary
Rakesh Jhunjhunwala's Death Anniversary: Rakesh Jhunjhunwala, also known as the Warren Buffett of India, passed away two years ago. Renowned for his long-term investment strategy and faith in competent management, Jhunjhunwala managed Rare Enterprises. His legacy emphasizes patience, pragmatism, and learning from mistakes, guiding modern investors today.
Commodity prices a clue
In this column, let me highlight one danger signal most others have ignored. This is the sharp fall in commodity prices in recent months, something that often, though not always, precedes a recession. It certainly indicates falling demand and a global slowdown.
Global stock market volatility: Worst yet to come?
Recent stock market turbulence raises the question of whether the worst is over or yet to come. Despite recent corrections, US and Indian stocks remain overvalued, with Warren Buffett's $182bn cash pile seen as a sign of a near-future crash. The volatility index (VIX) in the US has also increased, suggesting a continued atmosphere of fear.
Gold should definitely have some allocation in your overall asset allocation: Gautam Baid
The Federal Reserve never acts in a very stable way on either side. They either overshoot on the upside or they overshoot on the downside and in both the cases they are often too late.
Bear market coming? From Warren Buffett to mutual funds, big boys hoarded cash before crash
Top investors, including Warren Buffett and major Indian mutual funds, were seen increasing their cash reserves amid market turbulence. Buffett's cash piles rose to $277 billion, while Indian mutual funds held Rs 1.52 lakh crore in cash by June. Experts recommended a cautious, staggered investment strategy considering potential market corrections.
Magnificent Seven set to shed $900 billion in value, led by Apple, Nvidia
Apple and Nvidia led a sell-off in technology stocks on Monday as U.S. recession fears and Berkshire Hathaway's decision to cut its stake in the iPhone maker punctured a months-long rally in the sector.
Holding on to cash, next market sell-off will be worst in lifetime, warns Jim Rogers
Veteran investor Jim Rogers anticipates a severe financial collapse due to rising global debt. Rogers disclosed holding substantial cash reserves. Warren Buffett's Berkshire Hathaway also increased cash holdings to $277 billion following significant stock sales.
Buffett Indicator had warned of stock market bubble waiting to burst
The Buffett Indicator warned of the Indian stock market's overvaluation, hitting a peak of 150% of GDP. This was followed by a 2,600-point drop in the Sensex due to global concerns. Analysts believe further corrections could happen but see this as a short-term issue rather than long-term panic.
Warren Buffett surprises by slashing Berkshire Hathaway's longtime Apple stake in 2nd quarter
Buffett has consistently lavished praise on Apple CEO Tim Cook, who attended Berkshire's annual meeting in Omaha in May, and talked about the way consumers are feverishly devoted to their iPhones and don't like to switch.
Warren Buffett's Berkshire halves Apple stake, boosts cash to $277 billion even as operating profit sets record
Berkshire's results suggest the 93-year-old Buffett, one of the world’s most revered investors, is growing wary about the broader U.S. economy or stock market valuations that have gotten too high. The results were released on Saturday after a stock market selloff that pushed the Nasdaq into correction territory, while a weak jobs report sparked worries about U.S. economic activity and whether the Federal Reserve waited too long to cut interest rates.
Buffett's sales of Bank of America top $3.8 billion
Berkshire Hathaway sold $779 million worth of Bank of America shares between July 30 and Aug. 1, marking the 12th consecutive day of selling the stock since July 17. In total, Berkshire has sold 90.4 million Bank of America shares during this period.
Derivative death trap? 78 lakh F&O traders lost Rs 52,000 crore in FY24, shows Sebi data
Two decades ago, Warren Buffett had warned that derivatives are nothing but time bombs, both for the parties that deal in them and the economic system. And now Sebi data has proved the 'God of stocks' right once again.
Buy right, sit tight? Those who sold post-election results are still licking their wounds: Raamdeo Agrawal
Raamdeo Agrawal, Co-founder of Motilal Oswal Group, underscored the significance of long-term investment in Indian equities, noting that market timing is difficult. He advised against trying to time the market, highlighted the benefits of holding investments, and discussed the roles of corporate earnings, tax rates, and government spending in wealth creation.
Berkshire Hathaway cuts stake in China's BYD to below 5%
Warren Buffett's Berkshire Hathaway reduced its stake in BYD to below 5%, in what could be the final time Berkshire discloses stock sales in China's largest producer of electric vehicles.
Economic Survey cautions about the high valuations of the Indian stock market
The Economic Survey, presented by the Finance Minister in Parliament, cautions about the high valuations of the Indian stock market. The survey highlights that India's market capitalisation to GDP ratio has surged to 124% in FY24, up from 77% in FY19.
5 investing lessons from India’s T20 World Cup triumph
India's triumph against the odds in the final serves as a powerful lesson in trusting the process even when faced with adversity. Despite a mere 3% chance of victory, the team's unwavering faith in their strategies proved crucial. Similarly, in investing, initial expectations can often be misleading. Investors may be tempted to abandon investments due to short-term market fluctuations, potentially missing out on significant long-term gains.
Is Warren Buffett aware that the US dollar is losing 99.99% of its value? What did Michael Saylor say about this?
In a podcast, Michael Saylor has warned that the US dollar is losing its value due to high rate of inflation and other currency options. He added that well known investors are aware of this reality.
Steve Ballmer is richer than Bill Gates, a first for Microsoft billionaires
Steve Ballmer surpassed Bill Gates to become the sixth-richest person globally, as Microsoft shares hit a record high, gaining 21% this year. Ballmer's net worth reached $157.2 billion, mostly in Microsoft shares, while Gates' diversified $156.7 billion fortune includes investments through Cascade Investment. Gates' wealth has reduced due to philanthropy, having donated nearly $60 billion to the Gates Foundation. Ballmer, who hasn't signed the Giving Pledge, focuses on smaller-scale philanthropic efforts. He succeeded Gates as Microsoft's CEO in 2000 and retired in 2014, later buying the Los Angeles Clippers.
The Warren Buffett Legacy: What's next for his billions?
Warren Buffett, chairman of Berkshire Hathaway, has revised his will to redirect his considerable fortune away from the Bill & Melinda Gates Foundation posthumously. Instead, Buffett plans to allocate his wealth to a new charitable trust managed by his three children, expressing confidence in their values and ability to distribute the funds effectively. This decision marks a significant shift from previous plans where the Gates Foundation and family-related charities were primary beneficiaries of over 99% of his estate.
What Warren Buffett said after donating $5.3 billion Berkshire shares to charity
Billionaire Warren Buffett on Friday announced his highest-ever annual donation of Berkshire shares worth $ 5.3 billion to charity.
Warren Buffett donates record $5.3 bln Berkshire shares
Warren Buffett is donating another $5.3 billion of Berkshire Hathaway stock to the Bill & Melinda Gates Foundation and four family charities, his biggest annual donation since he began making them in 2006.
Spotting Red Flags: Lawrence A. Cunningham's tips to safeguard your investment portfolio
Lawrence A. Cunningham advocates that quality-focused, long-term investing is crucial for success but challenging due to resisting short-term gains, standing by long-term decisions, and avoiding potential capital losses from mistakes.
Retail investors play with a time bomb but RBI and Sebi are watching
Futures and options (F&O) trading involves contracts that derive their value from an underlying asset, such as stocks and commodities. Futures contracts obligate the buyer and seller to transact at a predetermined future date and price, while options give the holder the right, but not the obligation, to buy or sell the asset at a set price within a specific period.
Unlock stock market success: Time-tested lessons from Warren Buffett, the invincible investment icon
Are you considering enrolling in a stock market learning course or being financially free by setting smart financial goals? Gain perspectives from some of the timeless lessons from the storied journey of Warren Buffett.
Berkshire buys additional 2.57 mln shares in Occidental Petroleum, shows filing
Warren Buffett's Berkshire Hathaway ups Occidental Petroleum stake, acquiring 2.57 million shares in early June, now owning around 250.6 million shares. Berkshire's investment surpasses $150 million. Previous ventures include joint lithium extraction project in California.
Did you miss these wealth creators? Top 40 index funds give 50-100% returns in 1 year
Index funds gain popularity, with AUM rising 30% to Rs 9.6 lakh crore in a year. Over 40 funds yield 50-100% returns. Index funds offer low-cost and straightforward equity market exposure.
1 million to $13 million in 5 yrs: 'Indian Warren Buffet' Mohnish Pabrai shares his success journey
Mohnish Pabrai, an Indian-American investor and founder of Pabrai Investment Funds, credits his success to emulating Warren Buffett's investment principles. Pabrai's journey, marked by substantial returns and strategic bets, showcases the efficacy of Buffett's methods. Known for his high-return investments and avoidance of startups and IPOs, Pabrai's approach emphasizes value investing and selectivity. His net worth and insights on investment strategies highlight the power of disciplined, long-term investing.
Indian fund managers embrace Warren Buffett's advice: The rise of index funds in India
Indian fund managers are embracing Warren Buffett's advice by turning to index funds, which offer simplicity, low cost, and stability. The rise of index funds in India has revolutionized the investment landscape globally and locally.
Warren Buffett play: 6 things to consider before investing in Special Opportunities Fund
Special Opportunities Fund (SOF) is an investment fund capitalizing on unique opportunities below intrinsic value, inspired by Warren Buffett. WhiteOak Capital Mutual Fund and Samco Mutual Fund have launched similar funds. Alekh Yadav, Head of Investment Products at Sanctum Wealth, highlights the fund's strategy. Investors should consider the differentiated offerings and track record, with high-risk appetite recommended for SOFs.
Berkshire reveals $6.72 billion Chubb stake, insurer's shares rise
Berkshire owned 25.92 million Chubb shares as of March 31, according to a regulatory filing detailing Berkshire's U.S.-listed holdings as of that date.
James Harris Simons: The math wiz who revolutionized investing
Simons was a leading philanthropist who gave away billions during his lifetime to support medical and science research and teaching. His journey had been exciting and intriguing. A maths genius, he was only 23 when he received his PhD from the University of California, Berkeley.
Big investors in the West are already in search of opportunities in India: Vishal Khandelwal
Vishal Khandelwal discusses challenges for big investors in Indian market, emphasizing valuations, liquidity constraints, and market evolution. He reflects on encounters with investing legends at Berkshire Hathaway AGM and shares optimism about India's investment opportunities.
Warren Buffett says AI may be better for scammers than society: he's seen how
Buffett told the throngs he recently came face to face with the downside of AI. And it looked and sounded just like him. Someone made a fake video of Buffett, apparently convincing enough that the so-called Oracle of Omaha himself said he could imagine it tricking him into sending money overseas.
Buffett says India has 'unexplored' opportunities
Buffett's remarks came at Berkshire's annual meeting on Friday when Rajeev Agarwal of DoorDarshi Advisors, a US-based hedge fund that invests in Indian equities, asked him about the possibility of Berkshire exploring in India, the world's fifth-largest economy. "It is a very good question. I am sure there are loads of opportunities in countries like India," he said.
India has unexplored and unattended to opportunities: Warren Buffet
"In India, I am sure that there are loads of opportunities in a place like India, and the question is do we have any advantage, in either insights into those businesses or contacts that will make possible for some transactions that participants in India would particularly want us to participate," the nonagenarian investor said.
Berkshire cash hoard scores another record as earnings gain
Berkshire Hathaway Inc., led by Warren Buffett, faces a cash surplus but struggles to find lucrative deals. Operating earnings rose, driven by insurance businesses. Amidst rising interest rates, the company engages in stock buybacks and eyes strategic investments.
Warren Buffett says AI may be better for scammers than society. And he's seen how
Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become "the growth industry of all time."
Warren Buffett says Berkshire sold entire Paramount stake at a loss
Berkshire held 63.3 million Paramount Class B shares at the end of 2023 or about 10.1% of the company. Paramount, like other studios, has been struggling to recover from strikes by Hollywood writers and actors last year, a soft advertising market and falling U.S. cable subscriptions that have eroded its TV profits.
'We’d love to spend it, but...": Warren Buffett as Berkshire's cash pile swells to $189 billion
At Berkshire Hathaway's annual meeting, Warren Buffett celebrated Charlie Munger, discussed growing earnings, and addressed the $189 billion cash pile. Shareholders eagerly awaited insights on Berkshire's future direction and succession plan.
Investing guru Warren Buffett draws thousands, but Charlie Munger's zingers will be missed
Tens of thousands of investors are expected to once again descend on an Omaha, Nebraska, arena Saturday to vacuum up tidbits of wisdom from billionaire Warren Buffett. But a key ingredient will be missing from his annual Berkshire Hathaway shareholders' meeting: It's the first since Vice Chairman Charlie Munger died.
How crazy would it be if Warren Buffett bought Boeing?
Warren Buffett: Ahead of Berkshire Hathaway Inc.’s annual meeting, a conversation starter suggests Warren Buffett should consider buying Boeing Co. While at odds with Berkshire’s usual conservative approach, Boeing’s potential fits Buffett’s criteria. Despite recent challenges, Boeing’s significant backlog and potential cash generation make it an intriguing prospect for Berkshire Hathaway.
Buffett gears up to meet investors sans Munger by his side
The meeting is Buffett's 60th since he took over Berkshire in 1965 and the first since the death of his longtime friend, business partner and foil Munger at age 99 in November.
Warren Buffett gears up to meet investors sans Charlie Munger by his side
The meeting is Buffett's 60th since he took over Berkshire in 1965 and the first since the death of his longtime friend, business partner and foil Munger at age 99 in November.
Warren Buffett's PacifiCorp faces $30 bln new wildfire claims
A utility owned by Warren Buffett's Berkshire Hathaway is facing $30 billion in new claims blaming it for causing Oregon wildfires in 2020, nearly four times the maximum loss it had projected. One thousand victims filed claims against PacifiCorp in a state court in Portland, each seeking up to $5 million for actual losses and up to $25 million for non-economic losses. PacifiCorp is appealing a previous jury order to pay $90 million for gross negligence. Berkshire Hathaway Energy, which owns 92% of PacifiCorp, has not commented on the new claims.
8-step process to build scientific hypothesis of successful trading
A scientist and a trader are both alike. They form their hypothesis, test them, and check the results. If the result matches the hypothesis, then they conclude. That’s how you make sense out of the randomness in nature and markets. Until you have a hypothesis that can be tested and proven whether it is working in markets, you will be a gambler.
Why following successful investors may set you up for failure - Part 1
If you want to become rich or successful should you copy the methods of the richest and most successful investors in the first place?
Learn With ETMarkets: Introduction to value investing: Top 4 ways to identify undervalued stocks
To delve deeper into the fundamental principles of value investing pioneered by these luminaries, let's embark on a journey to gain a competitive edge in the world of investing.
Meet India's richest women: Savitri Jindal tops Forbes' list with $35.5 billion net worth
Savitri Jindal's rise to being one of India's richest women reflects a broader trend of women's empowerment in the country's business landscape. As the matriarch of the Jindal Group, she took over the conglomerate after her husband's passing and led it to remarkable success. Alongside her, other women like Rekha Jhunjhunwala, Vinod Rai Gupta, Renuka Jagtiani, and Smita Crishna-Godrej are making significant strides in business, reshaping the narrative of success in India. Jindal's philanthropy and political career further highlight her multifaceted impact.
Word of caution: Time to watch out for perils of bull market excesses that lead to high greed & low fear
As Nifty triples in bull market, attracting newbies, Sebi warns of frothy valuations and IPO excesses. Warren Buffett too advises to stay cautious in a greedy market.
Passive mutual funds deliver up to 98% returns in FY24. Is active investing useless?
We calculated returns offered by passive mutual fund schemes during the financial year 2023-24. Returns were calculated starting from April 1, 2023, to March 18, 2024.
Want to invest in Warren Buffett style? Take a look at these 8 Indian stocks
Based on the idea of Warren Buffett, a custom screen made by MarketSmith emphasizes metrics looking for companies with long-term past and potential future growth.
Mutual funds have Rs 1.3 lakh crore cash, Warren Buffett $168 billion. What about you?
Equity mutual funds in India see a rise in cash holdings, with major players like SBI Mutual Fund and ICICI Prudential AMC having significant cash reserves. Even Warren Buffett struggles to find value in the market, while Sebi's stress test orders have put mutual fund portfolios under scrutiny.
7 investment lies you might be believing and how to avoid them
This is a big one! Investing can actually be quite straightforward. There are options available that allow you to get started with just a little money, and you don't need to be a financial expert.
Warren Buffett's annual letter echoes Charlie Munger's view: It has something for Indian investors too
The wisdom in Buffett’s letter echoes Munger’s long-held belief in value investing and maintaining a level head amid market shenanigans. Buffett’s ability to distil complex financial principles into straightforward, actionable advice is as evident as ever, even in Munger’s absence.
Berkshire shares ends in red as US threatens to sue unit over wildfire costs
The investment conglomerate had warned on Saturday that the parent of PacifiCorp and one of Berkshire's biggest businesses outside insurance, Berkshire Hathaway Energy, was under pressure.
'Built to last' Berkshire nears $1 trillion valuation after record profit
Warren Buffett-led Berkshire Hathaway crept closer to a $1 trillion market value on Monday, a milestone that would put it among a rarefied list of American businesses, after it posted its second straight record annual profit.
Warren Buffett's $168 billion piggy bank outsizes market value of any Indian bank, LIC
Warren Buffett's cash pile of $167.6 billion surpasses the market values of top Indian banks like HDFC Bank, ICICI Bank and SBI and other financial services giants like LIC. Berkshire Hathaway struggles to find attractive deals and follows a cautious approach with excess cash, ready to seize opportunities in the mispriced stock market. Buffett follows Charlie Munger's wisdom of attacking mispriced opportunities in the stock market.
Rip Van Winkle and 4 other investing hacks from Warren Buffett's annual letter
Berkshire Hathaway shareholders have been told in no uncertain terms that there is no possibility of eye-popping performance even as they are sitting on a cash pile of $168 billion.
Warren Buffett tells investors to ignore Wall Street pundits while paying tribute to Charlie Munger
Warren Buffett warns against Wall Street pundits, credits Charlie Munger for Berkshire Hathaway's success. Insurance thrived but utilities and BNSF railroad disappointed. Buffett plans to keep stakes in Occidental Petroleum and Japanese trading houses. Berkshire reports strong operating earnings and sets stock records. Berkshire's eclectic mix of businesses, combined with the strong performance of its investments, delivered a profit of $37.57 billion, or $26,043 per Class A share, in the fourth quarter.
Warren Buffett sees no chance of ‘eye-popping’ results with record cash
Berkshire Hathaway Inc’s cash hoard jumped to a record at $167.6 billion in the fourth quarter as the conglomerate struggled to find deals at attractive valuations. The company also reported fourth-quarter operating earnings of $8.48 billion, versus $6.63 billion for the same period a year earlier, helped by an increase in insurance underwriting earnings and investment income amid higher interest rates and milder weather.
Berkshire trims Apple, sheds four stocks, mum on new investment
In a regulatory filing describing its U.S.-listed stock holdings at the end of 2023, Berkshire said it sold 10 million Apple shares in the fourth quarter, but still owned more than 905 million shares worth about $174 billion.
7 Indian stocks that embrace Warren Buffett's value investing philosophy
With an operating revenue of Rs 2,046.9 crore on a trailing 12-month basis, JTL Industries has outstanding annual revenue growth of 59%, pre-tax margin of 8% and ROE of 22%. The company has a reasonable debt to equity of 2%, which signals a healthy balance sheet.
India's startup rockstar, Paytm CEO Vijay Shekhar Sharma, battles regulatory crisis
Sharma has put up a brave face even as nervous investors plundered $2 billion off Paytm's valuation after India's central bank ordered his banking arm to stop most of it operations from March 1 for "persistent non-compliances" and "supervisory concerns".
Warren Buffett’s investment can be a double-edged sword for companies
Warren Buffett's investments in Japanese trading companies have raised their international profile and attracted other investors. However, his influence can also lead to a selloff when he reduces his stake in a company. To mitigate this risk, Japan's trading companies are taking steps to diversify their shareholder base. Berkshire Hathaway holds significant stakes in the country's largest trading companies and has raised funds in Japan through bond sales. Buffett has expressed interest in Japanese stocks but will limit his ownership unless given specific approval. The trading companies are also focusing on expanding their businesses to attract growth investors and improve earnings potential.
'Who wants to be a trillionaire': The game show is nearing its climax
A trillion dollars can purchase shares of all shares of McDonald's, PepsiCo, Coca-Cola, and more. Elon Musk is predicted to become the first trillionaire by 2032, followed by Bernard Arnault, Jeff Bezos, Larry Ellison, and Warren Buffett. The term 'trillionaire' has sparked debates and calls for higher taxation on the ultrawealthy.
Load more news