Billionaire banter: Buffett crowns Charlie Munger “King Charles”

Warren Buffett’s humorous side showed at Berkshire Hathaway, Inc BRK BRK annual shareholders meeting on Saturday. The company’s vice chairman shared the podium with Buffett Charlie MungerBuffett’s successor Gregory Abel And vice chairman of the company’s insurance business Ajit Jain. The “Oracle of Omaha” introduced the company’s directors, who sat in the front rows of […]

Buffett, Munger Skeptical of AI: “Old-fashioned intelligence works…

At Berkshire Hathaway, Inc BRK BRK annual shareholders meeting on Saturday in Omaha, Nebraska, investment gurus Warren Buffett And Charlie Munger shared their thoughts on the pros and cons of artificial intelligence. Munger, who introduced Buffett to the Chinese electric vehicle maker BYD Manufacturing Company Limited BYDDY BYDDFnoted the incredible use of robotics in BYD’s […]

BYD’s latest hatchback EV endorsed by Warren Buffett is cheaper than a…

The price of Warren Buffett-supports BYD Co Ltd‘S BYDDY BYDDF BEV hatchback gull starts at just 73,800 yuan, or about $10,660. What happened: BYD unveiled a bright yellow Seagull at the Shanghai Auto Show and started pre-sales priced at 78,000 yuan, or $11,400. reported CarNewsChina.com. That’s less than half the price of most available electric […]

Has Warren Buffett slammed one of his own investments? ‘It is not …

Legendary Investor Warren Buffett has suffered greatly Track record of investments with Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B) in the last decades. And while the “Oracle of Omaha” has typically praised the companies in which it invests, one portfolio company recently came under fire. What happened: In 2022, Buffett acquires shares in a media company […]

Warren Buffett ‘didn’t buy the banks’ despite millions of dollars…

the Oracle Of Omaha, Warren Buffett shared his thoughts on the banking sector following the recent collapse of several regional banks on Wednesday, sparking a discussion among the hosts Gasoline Gas PreMarketPrep. Buffett acknowledged that banks have made some mistakes, but was quick to point out that the current situation isn’t as bad as the […]

ChatGPT, Warren Buffett and Elon Musk collide to create new artificial…

An engineer uses one of the greatest artificial intelligence tools to extract financial documents from a Elon Musk led Companies with the investment style of Warren Buffett. What sounds like the future is reality and an example of how far AI technology has come in 2023. What happened: ChatGPT has taken the world by storm […]

This possible Warren Buffett successor at Berkshire differs…

Tracy Britt Cool, a former Berkshire Hathaway, Inc. (NYSE: BRK-A) (NYSE: BRK-B) Executive, was profiled in July 2022 New York Times Article titled “A Warren Buffett Protégée Strikes Out on Her Own,” which takes an in-depth look at Britt Cool’s upbringing and her work at famed investor Berkshire Hathaway CEO Warren Buffett. Britt Cool Story: […]

Warren Buffett gushes about his camaraderie with Munger: ‘I’ve never met a…

Warren Buffett went deep to explain the admiration he has for his deputy and Berkshire Hathaway Inc. BRKA BRKB Deputy Chairman Charlie Munger and the equation they share. Think pretty similar: “Charlie and I think quite alike,” Buffett said in his annual letter to Berkshire shareholders, released Saturday. “But what I need a page to […]

Why Warren Buffett prefers public companies to controlled companies

investment guru Warren Buffett weighed in on several matters, mainly concerning Berkshire Hathaway Inc.‘S BRKA BRKB investments and their future prospects in its annual letter to shareholders, which is published together with the Fourth Quarter Results. Business pickers, not stock pickers: When explaining the two ownership styles of Berkshire, Buffett noted that the company takes […]

Warren Buffett defends stock buybacks in annual letter to…

Berkshire Hathaway, Inc. (NYSE: BRK-A) (NYSE: BRK-B) CEO and Chairman Warren Buffett slammed people who oppose share buybacks in its annual letter to shareholders, released Saturday. What happened: “When you’re told that all buybacks hurt shareholders or the country, or are particularly good for CEOs, you’re either listening to an economically illiterate or a well-spoken […]