Clik here to view.
Billionaire investor Bill Ackman hopes to close his mega SPAC deal within...
Summary List PlacementBill Ackman is hoping to close his massive SPAC deal in the next few weeks.The investor trumpeted his chosen target as an "iconic, phenomenal" business.Ackman's PSTH vehicle has...
View ArticleClik here to view.
Warren Buffett has a $80 billion headache when stocks and businesses are this...
Summary List PlacementWarren Buffett has an unusual problem. His wallet is stuffed full of cash, but he's struggling to spend it wisely in one of the most expensive markets in history.The famed...
View ArticleClik here to view.
'Big Short' investor Michael Burry predicted the inflation spike a year ago —...
Summary List PlacementMichael Burry predicted post-reopening inflation back in April 2020.The "Big Short" investor also said earlier this year that prices could surge.Burry trumpeted the value of...
View ArticleClik here to view.
Warren Buffett's Berkshire Hathaway reveals Aon stake, slashes Chevron and...
Summary List PlacementWarren Buffett's Berkshire Hathaway invested in British insurer Aon last quarter.Buffett's company also boosted its Verizon and Kroger stakes. Berkshire reduced several positions...
View ArticleClik here to view.
Warren Buffett dumped Goldman Sachs, JPMorgan, and other bank stocks last...
Summary List PlacementWarren Buffett might regret dumping bank stocks given their positive outlook.Buffett's Berkshire Hathaway sold Goldman Sachs, JPMorgan, and most of Wells Fargo.Bank stocks have...
View ArticleClik here to view.
Bill Gates and Warren Buffett got 211 billionaires to pledge half their...
Summary List PlacementIt was the winter of 2010 and Mark Zuckerberg was in a hurry. A few months earlier, 40 of America's richest families had signed the Giving Pledge, a public promise initiated by...
View ArticleClik here to view.
Warren Buffett's right-hand man called Al Gore an 'idiot.' The former...
Summary List PlacementWarren Buffett's business partner, Charlie Munger, mocked Al Gore's intelligence in 2017.Gore's Generation firm and Munger's Daily Journal both invested in Alibaba last...
View ArticleClik here to view.
Warren Buffett called inflation a 'gigantic corporate tapeworm.' Here's the...
Summary List PlacementWarren Buffett said costs were rising fast during Berkshire Hathaway's recent meeting.Buffett has called inflation a "gigantic corporate tapeworm" for investors and...
View ArticleClik here to view.
The Giving Pledge was supposed to boost philanthropy. But it may be doing...
Summary List PlacementHello!Welcome to this weekly roundup of stories from Insider's Business co-Editor in Chief Matt Turner. Subscribe here to get this newsletter in your inbox every Sunday.What we're...
View ArticleClik here to view.
Warren Buffett built a $4 billion Chevron stake in 6 months — then halved it...
Summary List PlacementWarren Buffett's Berkshire Hathaway built a $4.1 billion Chevron stake from scratch in the second half of 2020, then turned around and sold 51% of its position in the oil-and-gas...
View ArticleClik here to view.
Warren Buffett is hoarding $80 billion of cash, cleaning up his stock...
Summary List PlacementWarren Buffett's patience will pay off, his recent stock sales shouldn't worry investors, and he isn't bashing bitcoin for a good reason, Thomas Russo told Insider in a recent...
View ArticleClik here to view.
Warren Buffett commands a $270 billion stock portfolio — and 5 holdings make...
Summary List PlacementWarren Buffett has a $270 billion stock portfolio, and five stocks make up 75% of its value.Berkshire Hathaway disclosed $203 billion worth of Apple, Bank of America, and three...
View ArticleClik here to view.
Billionaire investor Bill Ackman hopes to close his mega SPAC deal in a...
Summary List PlacementBill Ackman hopes to close his huge SPAC deal in the next couple of weeks.The Pershing Square chief is hedging against inflation and a market correction.Ackman switched Starbucks...
View ArticleClik here to view.
The hedge fund investor who lost a $1 million bet with Warren Buffett doubts...
Summary List PlacementTed Seides made a $1 million, decade-long bet with Warren Buffett that he lost in 2017.The investor wagered that hedge funds would outperform a S&P 500 index fund.Seides...
View ArticleClik here to view.
Bill and Melinda Gates might shake up their charity to protect it after their...
Summary List PlacementBill Gates and Melinda French Gates are considering shaking up their $50 billion foundation by bringing in outside directors, according to a report by The Wall Street Journal.The...
View ArticleClik here to view.
Warren Buffett parlayed a $600 million bet on Gillette into owning Duracell....
Summary List Placement• Warren Buffett's Berkshire Hathaway plowed $600 million into Gillette in 1989.• The investor's company swapped its stake for over $4 billion of Procter & Gamble stock in...
View ArticleClik here to view.
Mark Cuban predicts DAOs will transform companies. Warren Buffett's Berkshire...
Summary List Placement• Mark Cuban sees decentralized autonomous organizations, or DAOs, as disruptive.• DAOs run on blockchains, democratize decisions, and use smart contracts.• Warren Buffett's...
View ArticleClik here to view.
Warren Buffett's favorite market indicator hits 200%, signaling stocks are...
Summary List Placement• Warren Buffett's preferred market gauge hit 200%, signaling stocks are overvalued.• The "Buffett indicator" compares the stock market's valuation to the size of the economy.•...
View ArticleClik here to view.
Warren Buffett's Berkshire Hathaway has $140 billion in cash, yet it pulled...
Summary List PlacementWarren Buffett's Berkshire Hathaway boasted over $140 billion in cash at the last count, yet it has pulled billions of dollars out of Chevron, Apple, and Costco in recent months....
View ArticleThe rise and fall of Kraft, the pioneer of processed cheese
Summary List PlacementKraft has grown from a small cheese factory to a multi-national food conglomerate backed by Warren Buffett — and it all started with processed cheese.Over 100 years ago in the...
View Article