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It looks like it’s Warren Buffett’s turn to say, “I told you so.” Late last year, the Berkshire Hathaway CEO was busy selling stocks when the S&P 500 logged more than 50 record closes, leading many market observers to scratch their heads. Now, the answer looks much clearer. The stock market’s 2025 slump proves Berkshire’s fourth-quarter trades to be prescient. Buffett was at odds with the bullish sentiment that marked the end of 2024, according to Berkshire’s latest 13-F filing, which tracks its holdings. In the last three months of 2024, Berkshire sold some $5 billion of Bank of America...

The Oracle of Omaha has spoken. In his latest shareholder letter published over the weekend, Warren Buffett discussed his outlook for stocks and what it takes to own a good business, along with other tips and investment strategies. Here are some of the takeaways as Berkshire Hathaway (BRK.A) (BRK.B) reported operating earnings of nearly $50B in 2024 : How he views equities: Berkshire's equity activity "is ambidextrous." One hand maintains near or total control of its 189 subsidiaries, including GEICO, property-casualty insurance, and railroad and utility operations. In the other hand is a "small percentage of a dozen or so...

Berkshire Hathaway CEO Warren Buffett, currently one of the 10 richest men in the world, discussed the mistakes he's made during six decades in charge of his company and his outlook on the economy in the coming years as part of his annual letter to shareholders. Why It Matters Buffett, who is 94 years old and has a net worth of just over $160 billion, took control of Berkshire Hathaway in 1965 when the company primarily focused on textiles and was a sinking ship of an investment. The now-famous "Wizard of Omaha" spent years reversing those fortunes and turned the...

The company behind the project cancelled it and the steel that was in ground has been removed, but it’s on the president-elect’s energy to-do list. Donald Trump is looking to revive the Keystone XL oil pipeline on his first day back in the White House, according to three people familiar with the president-elect’s plan, even though no companies are trying to build it anymore. Trump believes declaring the 1,200-mile Canada-to-Nebraska crude project back on the table would drive the pro-oil message he delivered in his campaign, said people involved in the transition team discussions about the idea. Trump also wants...

For several years, Live Action News has researched and published the facts regarding the abortion pill along with the web of those who fund the manufacturing of the abortion pill as well as its clinical trials and studies. What has been uncovered has been nothing short of shocking: an incestuous funding trail from the investors in U.S. abortion pill manufacturers Danco Laboratories and GenBioPro, whose own dollars have been funneled to various groups behind clinical trials and studies of the abortion pill and its purported safety and effectiveness. Such an arrangement appears to be a possible conflict of interest, which...

According to a new report by analysts at JPMorgan Chase (JPM), Waren Buffett’s holding company, Berkshire Hathaway (BRK.A/BRK.B), controls 3% of the entire Treasury Bill market. Buffett now has $158 billion U.S. invested in Treasury Bills, or T-bills as they are known. A T-bill is a short-term debt obligation backed by the U.S. Treasury Department with a maturity of one-year or less. Interest is paid on T-bills when they mature or expire. With interest rates elevated, T-bills are currently paying interest of between 5% and 6%, depending on the length of time to maturity. Buffett has said that he favors...

The New York Stock Exchange on Monday said it had resolved a technical problem that has Class A shares of Warren Buffett's Berkshire Hathaway seemingly down almost 100%. The issue prompted trading to be halted in Berkshire's A-class shares, along with about a dozen other companies, including Barrick Gold and Nuscale Power, both of which also showed faulty and steep declines. Trading continued in Berkshire's B-class shares. The trouble arose shortly after the opening bell, impacting the likes of Chipotle Mexican Grill, Abbott Laboratories and other stocks. A list of impacted stocks can be seen here. "A technical issue involving...

If you haven’t tuned into the annual Berkshire Hathaway shareholder meeting to see highlights, a certain moment is grabbing headlines but another more nuanced one is where your attention should go.The most poignant moment of the day was when Warren turned to his new right-hand man Greg Able but invited former lieutenant Charlie Munger for his views. The simple question “Charlie?” was enough to melt hearts as it became clear the one-two punch duo of Charlie and Warren that had been a staple of these Woodstock for Capitalists meetings for decades still lived on in Warren, and is a habit...

Warren Buffett is a philanthropist whose billions have been funneled to pro-abortion organizations for decades, including many behind the expansion of the abortion pill. While some of this is well-known among pro-lifers, what is less known is that Buffett was also instrumental in creating a “church” as a front for referring women for illegal abortions prior to Roe v. Wade — a “church” that eventually merged into Planned Parenthood Los Angeles. Warren Buffett’s abortion pill philanthropy Warren Buffett’s Susan Thompson Buffett Foundation was among the original investors in Danco Laboratories, the U.S. abortion pill manufacturer. In addition, the Washington Post...

Legendary investor and polymath Charlie Munger, Berkshire Hathaway's vice chairman and Warren Buffett's right-hand man and friend of nearly six decades, died on Tuesday in California, the company announced. He was 99. Together, Buffett and Munger built Berkshire Hathaway (BRK-A, BRK-B) into one of the most successful and long-lasting business partnerships that enthralled millions worldwide. In a statement on Tuesday, Buffett said, "Berkshire Hathaway could not have been built to its present status without Charlie's inspiration, wisdom and participation." Berkshire, originally a textile manufacturer, has grown into a multinational conglomerate that wholly owns popular brands like Dairy Queen and Fruit...

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Somehow, Warren Buffett believes that the federal government should cover all depositors, no matter how rich they are, even though the FDIC specifically states that it covers only $250,000, and that is what it charges insurance premiums on. Underwriting risks seems to be a foreign concept to Buffett. Warren Buffett said Saturday that it would have been "catastrophic" to let any Silicon Valley Bank depositors lose their money when regulators seized the troubled California lender.The fall of Silicon Valley Bank on March 10 triggered panic across the financial system. In a bid to restore calm, US officials made the controversial...

World trade is truly global and interconnected. Perhaps the chip industry exemplifies this most. Apple sells phones around the world that rely on manufacturing by TSMC who is in turn supplied by a Dutch company few investors know anything about. And it’s that little-known Dutch company that quite possibly triggered Warren Buffett to make a huge purchase in its most recent quarter. You’re about to discovery why.Back Up a SecondLet’s back up a moment and examine what happened. In its latest 13F filing, Warren Buffett announced that his holding company Berkshire had initiated a new position in TSMC, the world’s...

Imagine a stack of $1 bills that reaches nearly 3,000 miles into the sky. That’s how high $44 billion would be. And it’s a pretty good picture of how much money Warren Buffett’s Berkshire Hathaway (BRK.A 1.35%) (BRK.B 1.26%) lost in the second quarter of 2022.How did one of the biggest companies on the planet led by one of the most successful investors of all time lose that much money? It was surprisingly easy to do.Only on paperLet’s first be clear on one important point: Berkshire’s loss was only on paper. The company’s businesses generated Q2 revenue of nearly $76.2...

Ahead of this quarter’s 13F filing from Warren Buffett’s Berkshire Hathaway, we already knew it was going to be far less exciting than the last one we got. As the company recently reported, Berskhire racked up $3.8 billion in net stock purchases in the second quarter, far short of the $41 billion it bought up in the first quarter of this year (it also spent far less on stock buybacks during Q2).Additionally, some of the positions that aren't being disclosed today include the company’s stake in Occidental Petroleum, even though we already are aware of these thanks to recent filings....

After a tumultuous week of violent lurches higher (but mostly lower), the S&P 500 has ended April with its worst start to a year since the start of World War 2...Vacation bookings are soaring, car sales are booming and Americans continue to spend with abandon, thanks to higher wages and brisk hiring; and yet, the economy unexpectedly contracted in the first quarter, led by trade deficits and a drop in inventory purchases.“The market is worried about a very fragile economic outlook, as it should be," said Joe LaVorgna, chief Americas economist at Natixis and former Trump White House economic adviser.“The...

In early March, Tucker Carlson invited Iowa Corn and soybean farmer Ben Riensche on his top-rated program to discuss the massive inflation we are about to see in food prices here at home. According to Rienshe, grocery prices may increase up to $1,000 per month due to Russia’s sanctions on fertilizer. ... “It’s embarrassing how little most people know about fertilizer, what it means, tell us the implications of this sanction?” Carlson asked. .... Soaring fertilizer prices are likely to spike food prices,” Riensche said. “If you’re upset that gas is up a dollar or two a gallon, wait until...

Charles Munger, Vice Chairman of Warren Buffet’s Berkshire Hathaway, has suggested the U.S. needs to act more like the Chinese Communist Party when it comes to banking. In an interview on Wednesday, the 97-year-old billionaire claimed American free enterprise led to mass suffering from the 2008 crash. When asked about the mysterious disappearance of Alibaba CEO Jack Ma as an issue with Chinese economics, Munger doubled down on his pro CCP rhetoric. “Well yes, but Jack Ma’s one of the swingers. So they just cut his, they said to hell with you,” he expressed. “He basically gave a speech when...

A next-generation nuclear power reactor that could bolster the nation’s transition to low-carbon energy will be built on the site of a retiring coal plant in Wyoming. Wyoming Gov. Mark Gordon (R) on Wednesday announced the state will house a Natrium reactor pilot project in partnership with nuclear reactor design company TerraPower, power company PacifiCorp and the U.S. Department of Energy (DOE). TerraPower was founded by Bill Gates about 15 years ago, and PacifiCorp is owned by Warren Buffet’s Berkshire Hathaway. The project will feature a sodium-cooled fast reactor with a molten salt-based energy storage system capable of producing 345...

Biden is coming under fire for his attack on oil and gas once again as Canada pleads to keep the cross-border Great Lakes oil pipeline open. Canada is battling against the state of Michigan to keep the cross-border pipeline open as calls to enhance the joint response to climate change ... It is important to remember that the U.S. relies heavily on Canada for much of its crude oil imports, consuming around 3.7 million barrels per day, or about 80 percent of Canada's crude output. Line 5 is supposed to close by May 13, ... The pipeline currently provides energy...