3 Stocks Warren Buffett First Bought 24 Years Ago (Hint: Apple's Not One Of Them)'
Warren Buffett And His Successor Greg Abel Say Berkshire Hathaway Could Hold This $20B Bet For '50 Years Or Forever'
The most profitable investment Buffett made in his life came from the "changes" in the last ten years of his career.
Buffett stated that the wealth created for Berkshire by Apple's CEO Cook far exceeds his own. Previously, Buffett had consistently avoided technology stocks until he made an exception and invested in Apple in 2016, resulting in significant returns for Berkshire.
Berkshire Hathaway's cash reserves have increased to a record high, making it difficult to deploy funds amid the turbulent situation.
Berkshire's operating profit has decreased by about 14% year-on-year, and cash reserves have surged to a record $347.7 billion. In the context of uncertainties due to tariffs, the group finds it difficult to effectively deploy funds. In a statement released before the annual meeting in Omaha, Nebraska, led by CEO Warren Buffett, Berkshire reported that its operating profit has dropped to $9.6 billion. The statement mentioned international trade policies and tariffs, indicating that "there is still considerable uncertainty regarding the final outcomes of these events." At the company's annual meeting in Omaha, Buffett spoke more directly about tariffs.
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Buffett: If the Bank of Japan raises interest rates, "I will never consider selling" Japanese stocks.
The 2025 Berkshire Hathaway Shareholders Meeting will be held on May 3, local time in the United States. When asked whether investment in Japanese Stocks would stop if the Bank of Japan raises interest rates in the future, the "Oracle of Omaha" clearly stated that there would be no Shareholding. "For the next 50 years... we will not consider selling these Stocks," Buffett said. He specifically pointed out that the performance of Japanese companies is "extraordinary," citing examples of how Apple, American Express, and Coca-Cola are performing well in the Japanese market. The investment master also revealed that he has established relationships with Japanese trading companies – Mitsui & Co., Mitsubishi Corporation, Sumitomo Corporation, Itochu Corporation, and Marubeni Corporation.
Express News | Berkshire: As of March 31, 2025, We Owned 151.6 Million Shares of American Express Company Common Stock Representing 21.6% of American Express
Express News | Berkshire: 69% Of the Aggregate Fair Value of Its Equity Investments Was Concentrated in American Express, Apple, Bank of America, Chevron and Coca-Cola as of March 31
Shares of Companies Within the Broader Financial Sector Are Trading Higher Amid Overall Market Strength Following April's Jobs Data and Reports That China's Commerce Ministry Is Assessing Possible Trade Talks With the US.
Express News | Shares of Companies Within the Broader Financial Sector Are Trading Higher Amid Overall Market Strength Following April's Jobs Data and Reports That China's Commerce Ministry Is Assessing Possible Trade Talks With the US
Express News | Form 144 | American Express(AXP.US) Officer Proposes to Sell 8.09 Million in Common Stocks
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Focusing on the Berkshire Hathaway Shareholder Meeting: Buffett has been steering Berkshire for 60 years. How has Berkshire performed?
In a year of turbulence in the stock market, Berkshire Hathaway has shown stability. As tariff fluctuations impact the USA business community, Shareholders will seek reassurance from Warren Buffett this weekend, confirming that the company remains under his reliable management. At the annual Shareholder meeting held this Saturday in Omaha, Nebraska, the 94-year-old billionaire will mark his 60th year at the helm of this 1.15 trillion dollar Conglomerate that he has built. Buffett will spend four and a half hours answering Shareholder questions, which typically focus on Berkshire's Operation Business, market trends, economic conditions, life philosophy, and this "Omaha.
Press Release: American Express Declares Dividend on Series D Preferred Stock
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