Page 3 - Warren Buffett

Letters to shareholders

Investors eagerly anticipate the annual letters from companies for insights into industry trends, and the economy. Will Indian leaders focus on their company or look beyond this meeting this season?

BYD's $18 bn rout shows fallout of price war among EV makers in China

Traders are growing wary about BYD's prospects after the electric vehicle maker's dealers slashed prices of some models to boost sales

Warren Buffett's Berkshire Hathaway buys stock worth $4.1 bn in TSMC

TSMC's other foreign investors include U.S. asset managers BlackRock Inc and Vanguard Group Inc, and Singapore sovereign wealth fund GIC

All eyes on Buffett, Son India stakes as Rs 1.15-trillion lock-ups end

While high-profile tech IPOs have met with strong demand from the growing herd of retail investors, market pros have been more neutral on the stocks

Paytm, Nykaa among tech stocks under watch as lock-in period ends

Lock-ups end in November for four consumer-focused tech stocks, which have all slumped in the past month

Sale of Warren Buffett portrait raises lesser funds than $19 mn lunch bid

The auction of a high-tech portrait of Warren Buffett didn't come close to matching the $19 million someone paid earlier this year for a private lunch with the billionaire, but it still raised $75,100 for one of his favorite charities. The eBay auction wrapped up Tuesday evening on Buffett's 92nd birthday. The portrait created by Motiva Art features a grid of letters over the picture that light up to spell out 11 of the Berkshire Hathaway CEO's best-known quotes including, "It's only when the tide goes out that you learn who has been swimming naked." A previous portrait of Buffett painted by performance artist Michael Israel in 10 minutes outside the Berkshire annual meeting attracted a $100,000 price in 2008. The lunch auction Buffett has done for years to benefit the Glide Foundation that helps the homeless in San Francisco always attracts big bids because it offers exclusive access to the investor who is willing to answer almost any question except what he might buy next. This .

Buffett's Berkshire trims stake in China's BYD, a holding since 2008

Buffett's company had acquired 225 million BYD shares in 2008, giving it a 7.73% stake, equal to the 20.49% stake in H shares, according to BYD's annual report

Warren Buffett's company likely to keep investing in Occidental Petroleum

Warren Buffett's company received clearance to boost its 20% stake in Occidental Petroleum to as much as 50%, but it's not immediately clear how many more shares Berkshire Hathaway plans to buy or whether it will consider buying the entire company. Shares of the of the oil producer soared nearly 12% Friday after the Federal Energy Regulatory Commission revealed that it had approved Berkshire's request to buy up to 50% of the Houston company. Shares slid 4% to around $69 amid a broader sell-off Monday and as speculation cooled over the potential for Berkshire to buy the entire company. Berkshire doesn't typically comment on its stock investments beyond what it is required to disclose, and Buffett didn't respond to questions about Occidental on Monday. But Buffett told shareholders at the company's annual meeting in April that he started buying Occidental shares in late February because what the CEO was telling investors then made nothing but sense to him. Berkshire's Occidental ...

Warren Buffett's company has bet over $45 billion on the oil sector

Occidental's stock jumped nearly 5% Tuesday to trade for USD 62.89 after Buffett revealed his latest purchases of nearly 6.7 million Occidental shares worth more than USD 400 million.

Warren Buffett's firm owns nearly $11 bn of Occidental Petroleum's stock

Warren Buffett's Berkshire Hathaway now owns nearly $11 billion worth of Occidental Petroleum stock after buying another 1.9 million shares in the past week

Did Buffett and Munger see the one wrinkle in BYD's stellar performance?

After years of sitting on an over 20 per cent stake in China's BYD Co, Warren Buffett's Berkshire Hathaway may be mulling an exit

Warren Buffett's Berkshire Hathaway buys more Occidental Petroleum shares

Warren Buffett's Berkshire Hathaway now controls nearly 20% of Occidental Petroleum's stock after picking up another $250 million worth of shares of the oil producer this week

Buffett's Berkshire tweaks bank play with $2.9-billion bet on Citi

Buffett, Berkshire's chief executive officer and chairman, his investing deputies have been on one of Berkshire's biggest buying sprees, with about $41 billion of net purchases during first quarter

As medals come in, there is a new silver lining in India's bridge room

The Indian seniors did an incredible job given that two of the three partnerships were ad hoc

Warren Buffett back in buying spree with deals worth $41 bn in Q1: Report

Bloomberg reported that the purchase provided a boost to its Chevron Corp stake that vaulted the investment into Berkshire's top four common stock holdings

Berkshire meeting: Buffett defends investments and slams Wall Street

Buffett, 91, who is Berkshire's chairman and chief executive, and Vice Chairman Charlie Munger, 98, fielded questions in a downtown arena in Omaha, Nebraska

Thousands likely at Warren Buffett's meeting but not all are happy

Most attending the company's first in-person meeting since the pandemic want to be there just for the chance to hear from the 91-year-old Buffett and his 98-year-old investing partner, Charlie Munger

Warren Buffett to auction off one last private lunch for charity

Buffett, Berkshire Hathaway's CEO, held the lunch auction once a year for 20 years before the pandemic began to raise money for the Glide Foundation, which helps the homeless in San Francisco

Gautam Adani surpasses Buffett to become fifth-richest person: Forbes

Adani's estimated $123.7-billion net worth makes him the richest person in India

HP soars 14.8%, sets record after Buffett reveals $4.2 billion stake

Shares of HP closed up $5.15, or 14.8%, at $40.06, after earlier rising to $41.46.