Warren Buffett, Invest
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Buffett seems to have done it again, electing in 2024 to hoard cash and make very limited investments, which included repurchasing far fewer shares of Berkshire than in past years. That strategy has been rewarded this year, with Berkshire's stock soundly beating the market, as investors rushed to Berkshire as a flight to safety.
Berkshire Hathaway chair Warren Buffett sold over a million shares of DaVita worth £126.23 million on 8th May, a day before the dialysis service provider was sued by an employee benefits plan.
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24/7 Wall St. on MSNBuffett Is Stepping Down, But His Blessing Still Means a Great Deal for These 3 StocksWell, we finally got the news everyone was kind of half-expecting (and half-hoping wouldn’t be true for a long time to come). Berkshire Hathaway (NYSE:BRK-B) CEO Warren Buffett is 95 years old, and has determined that now is indeed the time to step away from the investing game – a game he’s played his entire life.
Buffett has sung Cook's praise in the past, too. In his 2021 letter to Berkshire shareholders, he wrote, "Tim Cook, Apple's brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim's managerial touch as well."
Warren Buffett recommends a recent documentary on his longtime friend, the former publisher of The Washington Post, Katharine Graham.
Warren Buffett carefully prepared for years to retire as Berkshire Hathaway CEO without causing waves, but he still made the announcement a dramatic surprise.
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And now, one large chocolate and candy shop is closing down after 30 years in business. See's Candies, which is owned by Warren Buffett's Berkshire Hathaway, is shuttering its Sunnyvale, Calif., location on May 11.