Category: Buffett

Warren Buffett’s Tech Stock Phobia Is Making His Billionaire Ranking Crater
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Warren Buffett’s Tech Stock Phobia Is Making His Billionaire Ranking Crater

Warren Buffett’s billionaire ranking is under threat from tech billionaires. Ex-Microsoft CEO Steve Ballmer is the latest to eclipse Buffett in net worth. Berkshire Hathaway is underperforming the broader stock market, a repeat of last year. Not that long ago, Warren Buffett regularly ranked among the world’s top three billionaires. But that’s changed, and the…

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Warren Buffett Critics Are Getting Cocky & They Might Soon Regret It
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Warren Buffett Critics Are Getting Cocky & They Might Soon Regret It

Berkshire Hathaway’s cash pile is growing, and the reserves don’t look like they will be deployed anytime soon. Warren Buffett has been consistent with his investing philosophy, and this is frustrating to some. Buoyed by fleeting success, some Buffett critics think he is past his sell-by-date. As Berkshire Hathaway (NYSE:BRK.A) lags the broader market, Warren…

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No, Warren Buffett Isn’t Too Old – He’s Just Prudent
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No, Warren Buffett Isn’t Too Old – He’s Just Prudent

A billionaire investor recently said that Warren Buffett’s lack of action during the market crash was due to his advanced age. Many people criticized Buffet for not investing Berkshire’s $137 billion cash pile. Buffett hasn’t made big stock purchases because the market is too expensive. Warren Buffett, one of the most successful investors of all…

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No, Warren Buffett Isn’t Betting on a Stock Market Crash
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No, Warren Buffett Isn’t Betting on a Stock Market Crash

No, Berkshire Hathaway didn’t invest its $137 billion war chest as the stock market plunged in March. But that doesn’t mean Warren Buffett is betting on a stock market crash. Did anyone actually listen to what he said during Berkshire’s shareholder meeting? When Warren Buffett revealed on Saturday that Berkshire Hathaway hadn’t sunk its $137…

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Warren Buffett: ‘American magic’ will spur US economic recovery – Breitbart
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Warren Buffett: ‘American magic’ will spur US economic recovery – Breitbart

Washington (AFP) – Billionaire investor Warren Buffet said Saturday he’s confident the US economy will bounce back from its pummeling by the coronavirus pandemic because “American magic has always prevailed.” The 89-year-old made the sanguine prediction about the world’s largest economy as his holding company Berkshire Hathaway reported first-quarter net losses of nearly $50 billion.…

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Warren Buffett Still Preparing for a Market Crash With $137 Billion Cash Pile
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Warren Buffett Still Preparing for a Market Crash With $137 Billion Cash Pile

Warren Buffett is still sitting on a $137 billion cash pile. Instead of “buying the dip” Berkshire Hathaway went selling in Q1. That’s a gloomy stock market prophecy from the Oracle of Omaha. The 2020 bear market isn’t over yet. Berkshire Hathaway’s (NYSE:BRK.A) first-quarter report for 2020 proves Warren Buffett expects another stock market crash…

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