Warren Buffett’s Berkshire Hathaway has been mysteriously investing millions of dollars into an anonymous company for two quarters — but now, thanks to a new filing with the U.S. Securities and Exchange Commission, the mystery has been solved. A Wednesday filing revealed that Berkshire has purchased 26 million shares of insurance company, Chubb, an estimated […]
The phone lines were down at Berkshire Hathaway’s headquarters for a few days this week — so CEO Warren Buffett worked from his iPhone. “I don’t know how to do much with it, but I do know how to answer calls,” Buffett, 93, told The Omaha World-Herald on Wednesday. “I’m glad we didn’t sell all […]
Days after Warren Buffett hosted Berkshire Hathaway’s annual shareholders meeting, fellow billionaire Elon Musk has some advice for the chairman about what investing moves he should make next. In response to a post on X saying Buffett should sell all of his shares in Apple, Musk suggested that Buffett consider buying shares of his electric […]
Succession plans at the $870 billion Berkshire Hathaway took center stage on Saturday as thousands of shareholders attended the firm’s annual meeting in Omaha. Investors questioned 93-year-old Berkshire chairman Warren Buffett about what would change when Berkshire’s vice chairman Greg Abel, 61, who has been at the firm for 25 years, takes over as chief […]