For the 55 calendar years from 1965 through 2019, Berkshire Hathaway’s stock rose at an 18.6% annualized pace, versus 11.8% for the S&P 500 SPX, -1.15% . (Both returns reflect reinvested dividends.) Warren Buffett can take credit for this, and he appears to be very much in charge of Berkshire. …
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“ ‘We do not know exactly what happens when you voluntarily shut down a substantial portion of your society.’ ” That’s Warren Buffett, Chairman and CEO of Berkshire Hathaway, on Saturday offering his first public statements since the coronavirus pandemic ravaged the stock market and economy, putting a record number of people—some …
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Warren Buffett says Berkshire Hathaway dumped all of its holdings in the airline sector, painting a grim picture of the industry that has been badly hurt by the COVID-19 pandemic. “I was wrong about that business,” Buffett said, speaking on Saturday in Omaha, Neb., at Berkshire’s annual shareholder meeting, which …
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As the coronavirus crisis unfolds, many are asking: Where is Warren Buffett? They want to hear and see more from America’s most literary and famed investor, noted for both calm and prowess in times of distress. People know the current crisis is more acute than any in living memory, including …
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“ ‘It wasn’t October 1987, but it was an imitation… [and the financial crisis] was much more scary, by far, than anything that happened [on Monday].’ ” That’s Berkshire Hathaway BRK.A, +1.22% BRK.B, +1.48% boss Warren Buffett putting the market volatility — which he described as a “one-two punch” of …
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