In his must-read annual letter Saturday, the 93-year-old „Oracle of Omaha“ detailed Munger’s instrumental role in helping him expand his conglomerate.
Schlagwort-Archiv: Markets
Read Warren Buffett’s 2024 annual letter to shareholders
In it, he renders a tribute to his longtime friend and right hand man Charlie Munger, who died late in 2023.
Berkshire Hathaway operating earnings jump 28% in the fourth quarter, cash pile surges to record
The Omaha-based conglomerate posted operating earnings of $8.481 billion in the quarter ending December.
Credit card interest rates are at record highs. Cards have ’never been this expensive,’ CFPB says
Credit card APRs are at all-time highs. One reason: Issuers appear to be raising their profit margins, according to the Consumer Financial Protection Bureau.
Here’s why investors should stop worrying so much about concentration risk in the market
You may worry about it, but concentration has been a boon to index investors and to U.S. investors in general.
Reddit will let users buy its IPO, but warns that they could make the stock riskier
The social media company’s S-1 filing revealed that some Reddit moderators and other users will be able to participate in the initial public offering.
German central bank losses soar, wiping out risk provisions
Net interest income was negative for the first time in its 57-year history, declining by 17.9 billion euros year-on-year.
Block shares surge as much as 14% after company announces surprise profit
There was particularly strong growth in Block’s payment platform, Cash App, and its point-of-sale suite, Square.
Stocks making the biggest moves after hours: Block, Carvana, Booking Holdings and more
These are the stocks posting the largest moves in extended trading.
Capital One’s acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal
Capitol One agreed to purchase rival credit card player Discover for $35.3 billion.