A company with a liquidity of close to 150 billion dollars is facing a huge problem

Berkshire Hathaway’s operating profit continued to grow thanks to the continued recovery in the rail, utilities and energy sectors from the effects of the Corona pandemic, leaving a record liquidity for the company, as it suffers from a lack of investment opportunities to employ those funds. The group reported operating income of $6.47 billion in […]

‘Dormzilla’, the student house with 4,500 tiny rooms…

©  Lucia H. Chang Dormzilla, that’s what they call the gigantic student house that the university wants to build in California. Eleven floors high, good for 4,500 students and with a price tag of 1.3 billion euros. But above all: with rooms without windows. An idea from billionaire and amateur architect Charles Munger, the right-hand […]

“We are not finished yet”

Düsseldorf The family business Knauf remains on the expansion course even after the billion dollar takeover of the US competitor USG. Alexander Knauf, spokesman for the managing partners of the Knauf Group since September 1st, said in an interview with Handelsblatt: “We have enormous internal financing power and will invest considerable resources in our future […]

The billionaires went to summer camp. Here we tell you who is there

After a hiatus due to the pandemic, the Sun Valley Annual Conference is back. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! July 9, 2021 3 min read This article was translated from our English edition. Top media, technology and finance executives gathered for Allen & Company’s Sun Valley […]

Revealed! Lo Kheng Hong Secretly Saves Stocks in These 2 Sectors

Jakarta, CNBC Indonesia – Seasoned investor Lo Kheng Hong revealed that he also invested in banking stocks and non-bank financial services. It’s just that the portion has not yet reached above 5% so that it cannot be seen by public investors. “I have bank and non-bank shares, only 4%,” Lo told CNBC Indonesia recently. However, […]

Warren Buffett donates 99% of his wealth, his children are not divided

Jakarta – Warren Buffett is halfway into his plan to give most of his vast fortune to charity. Even after it was distributed and he still had US$100 billion left, he had no plans to give it away to his children. Quotes CNBC, Thursday (24/6/2021) the legendary world investor reaffirmed his long-held belief that wealth […]

Warren Buffett Enters Digital Bank, Invests IDR 7 T

Jakarta, CNBC Indonesia – A seasoned investor who is also one of the richest people in the world, namely Warren Buffett, has also invested in digital banks. Unmitigated, Buffett invested US$ 500 million or more than Rp 7 trillion into a digital bank in Brazil. Reporting from CNBC International, Wednesday (9/6/2021), the bank in Brazil […]