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Posted in American Express, Bank of America, Bank stocks, Banking, Banking sector, Berkshire Hathaway, Bill Ackman, Citigroup, Financial Services, Markets, MI Exclusive, Moody's, Silicon Valley Bank, stock portfolio, Stocks, SVB, Warren Buffett

Warren Buffett has likely seen $8 billion wiped off the value of his financial stocks in 3 days, as SVB’s collapse rattles the banking sector

<div>Warren Buffett has likely seen $8 billion wiped off the value of his financial stocks in 3 days, as SVB’s collapse rattles the banking sector</div>

Warren Buffett. Paul Morigi/Getty Images for Fortune/Time Inc Warren Buffett has likely seen an $8 billion hit to his financial stocks from SVB’s collapse. Berkshire Hathaway saw about $6.6 billion wiped off its Bank of America and America Express stakes. ...

Posted in Berkshire Hathaway, Billionaires, Energy Stocks, Fossil Fuels, Markets, MI Exclusive, Occidental Petroleum, oil & gas, stock portfolio, Stocks, Vicki Hollub, Warren Buffett

Warren Buffett’s Berkshire Hathaway snaps up $355 million of Occidental stock, boosting its stake in the energy giant to over 22%

<div>Warren Buffett’s Berkshire Hathaway snaps up $355 million of Occidental stock, boosting its stake in the energy giant to over 22%</div>

Warren Buffett. Reuters/Shannon Stapleton Warren Buffett’s Berkshire Hathaway has resumed buying Occidental Petroleum’s stock after a five-month break. Buffett’s company spent $355 million in three days, raising its stake in the energy giant to 22.2%. Occidental’s stock soared nearly 120% ...

Posted in American Express, Berkshire Hathaway, Billionaires, Charlie Munger, Coca-Cola, Debt Ceiling, earnings manipulation, Fiscal Deficit, Inflation, Markets, MI Exclusive, Philanthropy, Recession, share repurchases, Stock Buybacks, Stock Market, Stocks, Taxes, Warren Buffett, Warren Buffett shareholder letter

Warren Buffett slams dishonest bosses, defends stock buybacks, and nods to inflation and recession risks in his latest shareholder letter. Here are the 8 best quotes.

Warren Buffett slams dishonest bosses, defends stock buybacks, and nods to inflation and recession risks in his latest shareholder letter. Here are the 8 best quotes.

Warren Buffett. YouTube / University of Nebraska–Lincoln Warren Buffett published his annual letter to Berkshire Hathaway shareholders on Saturday. The 92-year-old investor defended stock buybacks, and slammed executives who manipulate earnings. Buffett touched on inflation and recession as threats, and ...

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3 tips for crypto startups preparing for continued compliance

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