Berkshire Hathaway says tax law gives it $29B boost in 4Q

Warren Buffett

Warren Buffett

Buffett said Berkshire would stick with a "simple guideline: The less the prudence with which others conduct their affairs, the greater the prudence with which we must conduct our own". Shares of American have risen 18% in the past year, with the other major carriers slightly behind.

Famed investor and Berkshire Hathaway chief Warren Buffett has acquired a boatload of Apple shares over the years. Now 87, he has been investing since he first bought stock at the age of 11.

"It is a bad mistake for investors with long-term horizons - among them, pension funds, college endowments and savings-minded individuals - to measure their investment "risk" by their portfolio's ratio of bonds to stocks", Buffett wrote.

Buffett said Berkshire Hathaway's "aversion to leverage" has dampened its returns over the years, but he and vice chairman Charlie Munger "sleep well" as both "believe it is insane to risk what you have and need in order to obtain what you don't need".

Portfolio Manager/Writer/ Market Analyst Steve began his career in the Trading Pits in Chicago making markets at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80's.

Known to fans as "the Oracle of Omaha", Buffett, 87, has suggested USA stocks are probably the best bet over time, encouraging people to make easy choices and stick with them, eschewing high-fee fund managers, for instance.

"Buffett is piling on more cash". It was an uphill struggle for them from day one to pay themselves and the investors.

"Often, high-grade bonds in an investment portfolio increase its risk", he wrote.

Apple planning biggest ever iPhone, says Bloomberg
Industry expert Gene Munster said, "When you have a measurable upgrade in screen size, people go to update their phone in droves. Then in 2017, Apple used a almost identical design yet again for the fourth time on the iPhone 8 and iPhone 8 Plus .

A lot of the letter is only relevant for Berkshire shareholders with segment performance, but there are also several excellent paragraphs that anyone can take something from. "I imagine prices will come down for some time". $116bn is not small change even for one of the world's richest men and is much more than he is worth personally.

Berkshire's many insurance operations also include the GEICO vehicle insurer and General Re reinsurer.

Legendary investor Warren Buffett approaches stock investing with two simple rules.

This year, if an employee selects every game correctly and Creighton or Nebraska wins the NCAA title, the winning pool player will earn $2 million a year for life.

Buffett also reviewed his winning bet against investment firm Protégé Partners, struck a decade ago, that an S&P 500 tracker fund would beat five funds-of-hedge funds selected by Protégé. Most undoubtedly thought hard about them ...

"Berkshire, itself, provides some vivid examples of how price randomness in the short term can obscure long-term growth in value".

Berkshire wholly owns dozens of companies, and holds significant shares in large and diverse corporations, while Buffett's newsletters are read with intense interest on Wall Street and beyond. Instead, we simply believe that if the businesses of the investees are successful (as we believe most will be) our investments will be successful as well.

Recommended News

  • Suarez nets hat trick as Barca rally; Ronaldo brace lifts Real Madrid

    Suarez nets hat trick as Barca rally; Ronaldo brace lifts Real Madrid

    Another Ronaldo hat-trick looked there for the taking when Bale was scythed down in the area by Rodrigo Ely late on. Up top, Zidane will bring back Cristiano Ronaldo after giving the Portuguese talisman a break in the midweek.
    West Virginia teachers: Statewide walkout over pay, benefits

    West Virginia teachers: Statewide walkout over pay, benefits

    The law can impact teachers or health professionals, such as nurses, psychologists, massage therapists and more. The biggest gift I delivered to all of you across our state was a solution, a plan, a dream, and it worked.
    Adam Burniston's Forecast | Severe storms move in later today

    Adam Burniston's Forecast | Severe storms move in later today

    Firefighters and Pike County officials responded before calling in members of the Clark County water-rescue team around 8:30 p.m. According to a city press release, more than three inches of rain are expected over the weekend.
  • IOF Kills Palestinian Fisherman off Gaza

    IOF Kills Palestinian Fisherman off Gaza

    The IDF said that the troops "followed standard procedure and sent a search dog to locate people inside the establishment". Gaza officials urged Cairo to investigate the fatal incident.
    Neymar stretchered off in tears in Paris

    Neymar stretchered off in tears in Paris

    Neymar will certainly miss the second leg of their clash with Real Madrid in which they need to recover a 3-1 deficit. PSG broke soccer's transfer record past year by paying Barcelona 222 million euros ($260 million) to buy Neymar .

    Barnaby Joyce to formally stand down at special party meeting today

    He only entered parliament at the 2016 election but was elevated by Joyce from the backbench to cabinet in the December reshuffle.
  • N elects Shehbaz as interim president, Nawaz as 'Quaid for life'

    N elects Shehbaz as interim president, Nawaz as 'Quaid for life'

    In the meeting, Nawaz proposed the name of Shahbaz for the party's interim president which was unanimously approved by the CWC. The party nominated Sharif's younger brother Shahbaz Sharif for the post of acting President of the party.
    Vivo APEX is a concept smartphone half screen fingerprint sensor

    Vivo APEX is a concept smartphone half screen fingerprint sensor

    Vivo thinks this feature could allow two different people lock something on the phone for added security. It argues that it should save on power, reduce sound leakage and offer a superior audio experience.
    Iran says fear of war 'everywhere' in region

    Iran says fear of war 'everywhere' in region

    Iran has inched above that ceiling twice since the enactment of the accord, known as the Joint Comprehensive Plan of Action (JCPOA).
  • Friends Respond To The Passing Of NBA Agent Dan Fegan

    Friends Respond To The Passing Of NBA Agent Dan Fegan

    Sources told Erica Robbie of the Aspen Times that Fegan died when a bus hit the SUV he was driving on Highway 82 near Aspen, Co. Fegan was among the NBA's most powerful agents, one known for aggressive tactics when negotiating on behalf of his clients.
    Cross border tension: 500 civilians shifted to safer place in Uri

    Cross border tension: 500 civilians shifted to safer place in Uri

    In a tweet Dr Vaid said " Firing/ shelling in Uri area leading to shifting of hundreds of people to safer areas. The letter added that Indian forces have martyred 16 civilians in 2018 in continuous ceasefire violations .
    Corruption ranking covered corruption cases under Mahama - Gov't

    Corruption ranking covered corruption cases under Mahama - Gov't

    This is Malaysia's worst score in the last five years and the lowest ranking since the index was introduced in 1994. Transparency Index had discovered that the most corrupt countries ranked low when it came to press freedom.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.