Warren Buffett's Mystery Stock Is Revealed, and It Comes
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Berkshire Hathaway recently filed its second-quarter 13F form, revealing its stock holdings at the end of June.
Trump’s Putin meeting crucial for oil prices, Berkshire Hathaway’s mystery solved, the case for rate cuts, and more news to start your day.
At Berkshire Hathaway’s annual meeting earlier this year, Warren Buffett showed just how much of a fan he is of Apple’s CEO, Tim Cook. “Tim Cook has made Berkshire a lot more than I have made Berkshire,” Buffett said to laughter in the room. It was funny, but considering that Apple is Berkshire’s largest holding, I don’t think it was hyperbole.
Berkshire Hathaway's $1.6 billion stake in UnitedHealth Group is helping to lift the Dow Jones Industrial Average to a new record as investors pile into healthcare sector funds.
The investment comes as UnitedHealth faces soaring medical costs, federal investigations, the fallout of the killing of a top executive and a cyberattack last year.
Buffett owned UnitedHealth shares before selling his stake in 2010, though his Berkshire Hathaway recently acquired shares.
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Warren Buffett’s company reveals new investments in Nucor, UnitedHealth and two big homebuilders
Berkshire Hathaway revealed four new investments Thursday in steelmaker Nucor, insurer UnitedHealth and two of the nation’s biggest homebuilders — Lennar and DR Horton — but only one of the investments was big enough to ensure that legendary investor Warren Buffett may have handled them.
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Stock Market Margin Debt Tops $1 Trillion: Is Warren Buffett's "Casino" Warning Starting to Bite?
Leveraged positions in the stock market jumped 18% in one month and topped $1 trillion for the first time. Increasing use of debt to invest can tell us a lot about investors' attitudes. And while this has always been the case,