BRK

Discussion in 'Stocks' started by dealmaker, Feb 24, 2020.

  1. dealmaker

    dealmaker

    Post-Buffett

    Warren Buffett, soon to be 90, is staying on as Berkshire Hathaway CEO and chairman. But, as laid out in his latest annual missive to shareholders, he does have a succession plan for his fortune—namely, that the executors of his will and trustees to his estate may not sell any Berkshire shares. Fortune
     
  2. dealmaker

    dealmaker

    Buffett and Goldman

    Warren Buffett's Berkshire Hathaway offloaded most of its stake in Goldman Sachs in Q1, according to a regulatory filing. Unlike Berkshire's recent, dramatic selloff of airline stocks, this doesn't seem to be a generalized exit from the banking industry; it remains a majority shareholder in American Express, Bank of America, PNC Financial Services and Wells Fargo. CNN
     
  3. dealmaker

    dealmaker

    Buffett's next deal

    Warren Buffett's Berkshire Hathaway has made its biggest deal in four years, scooping up Dominion Energy's natural gas pipeline and storage assets, for $4 billion, along with the assumption of $5.7 billion in debt. It represents Buffett's push further into the energy sector, just as the industry is shedding assets, battered by low prices and emissions targets. Fortune
     
    vanzandt likes this.
  4. 20th century conglomerate operating in the 21st century, no wonder why he suggests buying the SPY.
     
    dealmaker likes this.
  5. ironchef

    ironchef

    And Charlie Munger is 96. I attended DJCO's annual shareholder's meeting in Feb in LA. Still as sharp as ever.
     
  6. ironchef

    ironchef

    Classic case of buying when there is blood in the street.
     
  7. virtusa

    virtusa