Berkshire Hathaway Bought Apple, Chevron Stock, Sold GM, Verizon

Text size Warren Buffett’s Berkshire Hathaway made modest stock purchases in the second quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hathaway added to its stakes in Apple , Chevron , Occidental Petroleum , spirit Activision Blizzard in the second quarter, according to a regulatory filing late Monday. Berkshire Hathaway (ticker: BRKb ) sold out … Read more

Buffett’s Berkshire ramps up giant Apple stake again, dumps Verizon

Warren Buffett’s Berkshire Hathaway ramped up its stake in Apple again last quarter during the tech-driven sell-off, while the conglomerate exited the Verizon holding it had owned for almost two years. The holding company raised its bet on the iPhone maker to 894.8 million shares, worth $122.3 billion at the end of June, according to … Read more

Warren Buffett’s Berkshire Hathaway Keeps Spending Spigot On Through Volatile Markets

Oil prices have come well off their highs, but that hasn’t stopped Warren Buffett’s Berkshire Hathaway Inc. BRK.B -0.08% from pouring money into the energy sector. That is likely to be the takeaway from Berkshire’s 13F filing, which is due later Monday. Regulations require institutional investors managing more than $100 million to file the form, … Read more

It’s a Good Time to Buy Berkshire Hathaway Stock. Here’s Why.

Text size Berkshire Hathaway CEO Warren Buffett. Johannes Eisele/AFP/Getty Images Berkshire Hathaway has never been in better shape. Its stock looks appealing after pulling back more than 15% from its record high in March. The conglomerate’s operating profits were up 22% in the second quarter, excluding foreign-exchange gains, powered by a 56% gain in investment … Read more

Rakesh Jhunjhunwala, ‘India’s Warren Buffett’, dies at 62

Stock investor Rakesh Jhunjhunwala, dubbed India’s Warren Buffett with an estimated net worth of $6 billion, died early on Sunday at age 62, his family said. A chartered accountant by profession from the desert state of Rajasthan, Jhunjhunwala started dabbling in stocks while in college and went on to manage a stock trading firm, RARE … Read more

Rakesh Jhunjhunwala on comparison with Warren Buffet: ‘He’s far, far ahead’

Known as India’s Warren Buffett, Rakesh Jhunjhunwala started investing in 1985 when he was in college with just Rs 5,000. The Bombay Stock Exchange (now BSE) had 150 listed companies then. His current net worth was around $6 billion, as reported by Reuters, and the BSE now trades in 60,000 companies. Jhunjhunwala was always compared … Read more

Dalal Street Big Bull: Rakesh Jhunjhunwala: A Dalal Street legend whose wisdom will live on

Rakesh Jhunjhunwala, an inspiration to many stock market investors as well as traders, passed away at the age of 62 on Sunday. The Dalal Street veteran was known by many names – some called him Big Bull, while some referred to him as India’s Warren Buffett. This is a grave loss to the country as … Read more

Rakesh Jhunjhunwala, ‘India’s Warren Buffet’, dies at 62

Stock investor Rakesh Jhunjhunwala, dubbed India’s Warren Buffett with an estimated net worth of $6 billion, died early on Sunday at age 62, his family said. A chartered accountant by profession from the desert state of Rajasthan, Jhunjhunwala started dabbling in stocks while in college and went on to manage a stock trading firm, RARE … Read more

It’s a Good Time to Buy Berkshire Hathaway Stock. Here’s Why.

Text size Berkshire Hathaway CEO Warren Buffett. Johannes Eisele/AFP/Getty Images Berkshire Hathaway has never been in better shape. Its stock looks appealing after pulling back more than 15% from its record high in March. The conglomerate’s operating profits were up 22% in the second quarter, excluding foreign-exchange gains, powered by a 56% gain in investment … Read more

Art Industry News: Jim Carrey Has Teamed Up With His Daughter on a ‘Goon’-y New $50,000 NFT + Other Stories

Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Tuesday, August 9. NEED-TO-READ Canadian Politicians Mull a Change to Copyright Laws – Canada’s innovation minister, François-Philippe Champagne, is working with heritage minister Pablo Rodriguez to … Read more