Day: May 6, 2023

Warren Buffett said Berkshire doesn’t plan on taking full control of Occidental Petroleum, an oil giant where it has amassed a stake north of 20%.

Warren Buffett struck a pessimistic tone about Berkshire’s myriad of businesses, saying he expects an earnings decline in light of an economic slowdown.

Berkshire Hathaway has owned banks from early on in Buffett’s long investing history, and he’s stepped up to inject confidence into lenders several times.

Berkshire Hathaway CEO Warren Buffett said Saturday that regulators avoided a financial disaster by making sure Silicon Valley Bank clients didn’t lose money.

Value investing typically refers to buying underappreciated stocks or businesses and selling them at a higher value.

Capital Wealth Planning is recommending the Amplify CWP Enhanced Dividend Income ETF (DIVO) — which focuses on blue-chip companies.

Berkshire Hathaway’s operating earnings jumped in the first quarter, thanks in part to a rebound in the conglomerate’s insurance business.