Even Buffett can’t cast a spell. His company lost more than 50 percent

US billionaire Warren Buffett’s Berkshire Hathaway reported a 53 percent year-over-year net profit decline of $ 5.46 billion ($ 127.4 billion) in the first quarter. The conglomerate is not immune to the slowing US economy, the CNBC news server wrote. Berkshire’s operating profit, which includes profits from countless joint ventures such as insurance companies, railroads […]

Warren Buffett Quitting Bitcoin: Earning Nothing!

Jakarta, CNBC Indonesia – Slowly but surely, bitcoin continues to be accepted as one of the important elements in the world of finance and investment. However, not for Berkshire Hathaway founder Warren Buffett. In the company’s annual general meeting of shareholders, Saturday (30/4/2022) United States time, Buffett said that bitcoin is not a productive asset […]

This Man Calls Warren Buffett Enemy No. 1 Bitcoin, Agree?

Jakarta, CNBC Indonesia – Former PayPal CEO Peter Thiel named Warren Buffet as enemy number one trying to stop cryptocurrencies like Bitcoin and Dogecoin. This was conveyed at a Cryptocurrency Conference in Miami, USA, Thursday (7/4/2022). “[Warren Buffett] enemy number one,” said Peter Thiel as quoted by CNBC International, Friday (4/8/2022). “The sociopath grandfather (a […]

Buffett was shopping. He bought an insurance company for almost $ 12 billion

The American company Berkshire Hathaway will buy the insurance company Alleghany for 11.6 billion dollars (259 billion CZK). The investment firm of the investor and philanthropist Warren Buffett will thus strengthen the weight of the insurance companies in the portfolio. The company, whose 91-year-old director complained a few weeks ago that it did not find […]

Buffett’s Advice for Investing in Wartime

Warren Buffett built Berkshire Hathaway over several decades from a textile manufacturer that had gone into bankruptcy, transforming it into a powerful company with a huge diversification of business areas, from insurance to energy, through to goods. consumption to the manufacture of confectionery. The multimillionaire achieved these results through a management philosophy … Premium Business […]

Never Hold Money During War

ILLUSTRATION. Warren Buffett advises against holding cash during war. REUTERS/Scott Morgan Source: Sydney Morning Herald,MarketWatch | Editor: Barratut Taqiyyah Rafie KONTAN.CO.ID – NEW YORK. The world economy is currently full of tension. That’s why market participants are reluctant to take risks risk-off. Conditions that occur at this time, the stock market fell, while the price […]

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 […]