Berkshire Hathaway (BRK)

[behappyalways]

Berkshire Hathaway’s operating earnings jump 20%, conglomerate buys back another $1 billion in stock
https://www.cnbc.com/2022/11/05/berkshi ... s-brk.html

[winston]

not vested

Berkshire Hathaway on Saturday posted a solid gain in operating profits during the third quarter despite rising recession fears, while Warren Buffett kept buying back his stock at a modest pace.

The Omaha-based conglomerate’s operating earnings — which encompass profits made from the myriad of businesses owned by the conglomerate like insurance, railroads and utilities — totaled $7.761 billion in the third quarter, up 20% from year-earlier period.

Berkshire spent $1.05 billion in share repurchases during the quarter, bringing the nine-month total to $5.25 billion.

The pace of buyback was in line with the $1 billion purchased in the second quarter.

Shares of Buffett’s conglomerate have been outperforming the broader market this year, with Class A shares dipping about 4% versus the S&P 500 ′s 20% decline. The stock dipped 0.6% in the third quarter.

However, Berkshire suffered a $10.1 billion loss on its investments during the quarter, bringing its 2022 decline to $63.9 billion.

Buffett continued to buy the dip in Occidental Petroleum in the third quarter, as Berkshire’s stake in the oil giant has reached 20.8%.

In August, Berkshire received regulatory approval to purchase up to 50%, spurring speculation that it may eventually buy all of Houston-based Occidental.

The conglomerate amassed a cash pile of nearly $109 billion at the end of September, compared to a total of $105.4 billion at the end of June.

Source: Phillips

[behappyalways]

Here Is What Warren Buffett Bought And Sold In Q3
https://www.zerohedge.com/markets/here- ... nd-sold-q3

[behappyalways]

Warren Buffett Says the Ultimate Test of a Life Well-Lived Boils Down to 1 Simple Principle
https://www.inc.com/marcel-schwantes/wa ... ciple.html

[winston]

not vested

80% of Warren Buffett’s Portfolio is Invested in These 7 Stocks

by Sean Williams

Source: The Motley Fool

https://dailytradealert.com/2023/01/28/ ... -7-stocks/

[behappyalways]

Here Is What Warren Buffett Bought And Sold In Q4
https://www.zerohedge.com/markets/here- ... nd-sold-q4

[behappyalways]

Read Warren Buffett’s annual letter to Berkshire Hathaway shareholders
https://www.cnbc.com/2023/02/25/read-wa ... lders.html


Berkshire Hathaway fourth-quarter operating earnings fall 8%, cash hoard swells to nearly $130 billion
https://www.cnbc.com/2023/02/25/berkshi ... -2022.html

[behappyalways]

Highlights From Warren Buffett's 2022 Letter
https://www.zerohedge.com/economics/hig ... 022-letter

Read Warren Buffett’s annual letter to Berkshire Hathaway shareholders
https://www.cnbc.com/2023/02/25/read-wa ... lders.html


Berkshire Hathaway fourth-quarter operating earnings fall 8%, cash hoard swells to nearly $130 billion
https://www.cnbc.com/2023/02/25/berkshi ... -2022.html

[winston]

What you can learn from Warren Buffett’s mistakes

by Justin Fox

Source: The Star

https://www.thestar.com.my/business/bus ... s-mistakes

[winston]

not vested

Warren Buffett is Almost Certain to Keep Buying This Stock

by Sean Williams

The two new buyback criteria were as follows:
1. As long as Berkshire Hathaway has at least $30 billion in combined cash, cash equivalents, and U.S. Treasuries on its balance sheet; and
2. Warren Buffett and Charlie Munger agree that shares are trading below their intrinsic value, buybacks can be made without a ceiling.

Between mid-July 2018 and Dec. 31, 2022, Buffett and Munger have repurchased more than $66 billion worth of their own company’s stock, with buybacks occurring every single quarter.

Source: The Motley Fool

https://dailytradealert.com/2023/03/23/ ... his-stock/