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Warren Buffett's Sister Went 'All In' On Berkshire Hathaway – And Never Looked Back
Monday, September 9, 2024 - 7:29pm | 567The Warren Buffett-led Berkshire Hathaway Inc (NYSE:BRK)(NYSE:BRK) recently became one of a limited number of companies to pass the $1 trillion market capitalization. The rising valuation of the conglomerate over the years has helped add to the wealth of the many investors who have trusted the...
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Jimmy Buffett's Legacy: A Tale of Music, 'Margaritaville,' And Investments In Warren Buffett's Empire
Monday, September 4, 2023 - 4:59pm | 877The music industry is in mourning following the loss of iconic American singer-songwriter Jimmy Buffett, who passed away at the age of 76 on September 1, surrounded by family, friends, and his beloved dogs. Known for turning his love for beach life into a billion-dollar "Margaritaville"...
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Did Warren Buffett Slam One Of His Own Investments? 'It Isn't Fundamentally That Good A Business'
Saturday, April 15, 2023 - 11:37am | 889Legendary investor Warren Buffett has had a strong track record of investments with Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B) over the last several decades. And while the "Oracle of Omaha" has typically praised the companies he invests in, one portfolio company recently...
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Cathie Wood's Updated Market Outlook: What Investors Need To Know
Wednesday, July 14, 2021 - 10:15am | 275Cathie Wood, founder, chief investment officer and CEO of Ark Invest, held a webinar Tuesday, in which she provided an updated outlook on financial markets. CNBC's Becky Quick provided insights Wednesday morning on CNBC's "Squawk Box." Key Takeaways: ...
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Buffett: Small Businesses Have Become Collateral Damage, Congress Should Renew PPP
Tuesday, December 15, 2020 - 10:12am | 425Legendary investor Warren Buffett joined Goldman Sachs Group Inc (NYSE: GS) CEO David Solomon and CNBC’s Becky Quick on “Squawk Box” for a phone interview Tuesday to discuss the impact of the pandemic on small businesses. The Pandemic And Small Business: The CEO of Berkshire...
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Berkshire Hathaway Reduces Position In Delta Air Lines, Southwest Airlines
Saturday, April 4, 2020 - 4:12pm | 214Becky Quick said on CNBC's "Options Action" that Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) sold some of its position in Delta Air Lines, Inc. (NYSE: DAL) and Southwest Airlines Co (NYSE: LUV). Berkshire's stake in these companies was above 10% and it had to report any...
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Berkshire Hathaway Takes A Stake In Amazon
Friday, May 3, 2019 - 8:15am | 341Warren Buffett told CNBC's Becky Quick on Thursday "one of the fellows" in his office bought a stake in Amazon.com, Inc. (NASDAQ: AMZN). Shares of Amazon were trading higher by more than 2 percent Friday morning. What Happened Speaking ahead of the annual Berkshire Hathaway Inc. (NYSE...
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Buffett Weighs In Who Is Best Qualified To Run Wells Fargo
Monday, April 8, 2019 - 1:20pm | 469Outgoing Wells Fargo & Co (NYSE: WFC) CEO Tim Sloan should be replaced with a permanent CEO with a background that isn't from Wall Street, major shareholder Warren Buffett told the Financial Times in an interview over the weekend. What Happened Sloan resigned in March amid pressure...
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Warren Buffett Acknowledges Overpaying For Kraft
Monday, February 25, 2019 - 10:56am | 400Billionaire investor Warren Buffett acknowledged in a CNBC interview Monday morning overpaying for Kraft Heinz Co (NASDAQ: KHC) when Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) teamed up with Brazil's 3G to buy the food company in 2013. What Happened Kraft's stock plunged 25 percent...
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Buffett On The Economy, Tariffs, Jay Powell
Thursday, August 30, 2018 - 4:14pm | 577The strength in the American economy predates the 2016 presidential election and has been becoming "progressively better" since 2009, Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) CEO Warren Buffett told CNBC's Becky Quick in an interview. Granted, the recovery in the...
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Warren Buffett Talks Apple, Campbell Soup And Elon Musk
Thursday, August 30, 2018 - 1:17pm | 554Billionaire investor Warren Buffett has a lot to say about today's trending topics, including Apple Inc. (NASDAQ: AAPL)'s valuation, Campbell Soup Company (NYSE: CPB) deciding to only sell some of its business units, and perhaps less pressing -- why he doesn't Tweet. Apple: A 10% Drop...
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Warren Buffett Explains Why Stocks Are More Valuable Today Than In The Past
Thursday, August 30, 2018 - 12:37pm | 447The reason why the value of American stocks is higher today than it has historically been is simple, according to billionaire investor and Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) CEO Warren Buffett: stock repurchases. What Happened Investors have many options to allocate their...
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Warren Buffett Still Prefers Burgers And iPhones To Tacos And Samsungs
Monday, February 26, 2018 - 12:20pm | 489Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) owns nearly $30 billion in Apple Inc. (NASDAQ: AAPL) shares, yet the 87-year-old billionaire investor doesn't own an iPhone. The iPhone Over An Android Buffett's affinity for his old school flip phone is well...
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Warren Buffett Says He Could Write A Check To Buy General Electric If He Wanted To
Monday, February 26, 2018 - 11:20am | 569CNBC's Jim Cramer said in November that General Electric Company (NYSE: GE)'s old management team led by ex-CEO Jeff Immelt deserves a spot in his "wall of shame." Billionaire investor, former GE shareholder and Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) CEO Warren...
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Buffett Say He's In Good Health, But Confirms First Step In Succession Plan
Wednesday, January 10, 2018 - 2:22pm | 493Legendary billionaire investor Warren Buffett announced Wednesday he has appointed Gregory Abel and Ajit Jain to Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B)'s board of directors as vice chairs. Naturally, many investors jumped to the conclusion that the 87-year old is now planning to...