Month: February 2021

The biggest omission from Buffett’s letter was any rumination on markets and valuations, nor were there signs that maybe he’d come to accept higher prices as the new normal.   … Read More

Buffett has amassed $120 billion worth of Apple stock since his conglomerate started purchases in late 2016, while only spending $31.1 billion building that stake.   – Stocks-Markets-Economic Times

Berkshire wrote off $9.8 billion of Precision’s value last August, as the coronavirus pandemic sapped demand for air travel and the Portland, Oregon-based unit’s products.   – Stocks-Markets-Economic Times

Buffett, 90, has been unusually quiet since last year’s annual meeting in May amid a multitude of issues facing Americans.   – Stocks-Markets-Economic Times

The company’s purchase of $9 billion of shares in the fourth quarter matched a record set in the previous three-month period, Buffett said Saturday in his annual letter to investors. … Read More

Buffett said US treasury yields have fallen 94 per cent from the 15.8 per cent yield available in September 1981.   – Stocks-Markets-Economic Times

Buffett said conglomerates have generally over time limited themselves to buying businesses in their entirety.   – Stocks-Markets-Economic Times

For all of 2020, Berkshire said it bought back $24.7 billion of its own stock, topping its old record $5 billion in 2019.   – Stocks-Markets-Economic Times

“I missed him last year and, more important, you clearly missed him,” Buffett said in his annual letter.   – Stocks-Markets-Economic Times

Wall Street loves the fees that deal-making generates, and the press loves the stories that colorful promoters provide, Buffett said.   – Stocks-Markets-Economic Times