Warren Buffett tours the floor ahead of the Berkshire Hathaway Annual Shareholder's Meeting in Omaha, NE.David A. Grogan | CNBCWarren Buffett released Saturday his annual letter to shareholders. In it, he renders a tribute to his longtime friend and right hand man Charlie Munger, who died late in 2023....
Shares of Berkshire Hathaway were up about 16% this year after climbing to an all-time high, but the conglomerate still trailed the S & P 500 's 24% gain. It wouldn't come as a disappointment or surprise to Warren Buffett . The "Oracle of Omaha" has long said that...
Warren Buffett's Berkshire Hathaway is wrapping up a solid year with its stock holdings as Apple soared to a record high last week, but don't expect any fireworks or back slapping. The legendary "Oracle of Omaha" doesn't typically pay attention to stock performance in any given year. Berkshire's 915...
Visitors enter the Tel Aviv Stock Exchange in Tel Aviv, Israel, on Tuesday, Nov. 7, 2023.Bloomberg | Bloomberg | Getty ImagesAnchored in a culture of entrepreneurship and adaptability, Israel is globally recognized as the world's "Startup Nation" for its cross-sector contributions to modern research and technology. However, the horrific events...
Occidental PetroleumJay L. Clendenin | Los Angeles Times | Getty ImagesOccidental Petroleum has agreed to buy CrownRock, a major privately held energy producer that operates in the Permian Basin, for $12 billion.The deal is latest in a spate of consolidation in the U.S .energy sector, particularly in the Permian,...
Charlie Munger's many decades of investing featured too many winning trades to count, but there were some moves that he was touting even in his late 90s that continued to pay off. Munger's wins came not only at Berkshire Hathaway alongside Warren Buffett , but also at another holding...
JOHANNES EISELE | AFP | Getty ImagesSeveral investors mourned the passing of famed investor Charlie Munger, vice chairman of Warren Buffett's Berkshire Hathaway, on Tuesday. Known for his quick wit and his role in the firm's success, Munger's legacy reverberated throughout the investing world."Berkshire Hathaway could not have been built...
Charlie Munger at Berkshire Hathaway's annual meeting in Los Angeles California. May 1, 2021.Gerard MillerBecoming a titan of business does not require giving up your personality or humor, as Charlie Munger proved repeatedly in his long and successful life.Munger, who died Tuesday at the age of 99, leaves behind...
Today, Berkshire Hathaway is massive conglomerate worth north of $785 billion with businesses and investments all around the world. This exceeded Charlie Munger's wildest dreams."I did not think we'd ever have … so many hundreds of billions in Berkshire," Munger, the former vice chairman of Berkshire, said in his...
Billionaire Charlie Munger, the investing sage who made a fortune even before he became Warren Buffett's right-hand man at Berkshire Hathaway, has died at age 99.Munger died Tuesday, according to a press release from Berkshire Hathaway. The conglomerate said it was advised by members of Munger's family that he...