Berkshire has spent this year wagering more on Occidental after first making a bet on the Houston-based oil company three years ago
After years of sitting on an over 20 per cent stake in China's BYD Co, Warren Buffett's Berkshire Hathaway may be mulling an exit
The slump is casting a shadow on founder and CEO Masayoshi Son's strategy of heavy concentration in high-growth stocks increasingly out of favour with investors as interest rates rise
In September 2018, Buffet's investment arm - BH International Holdings - invested $300 million, or Rs 2,179 crore, for 2.6 per cent stake in PayTM, which had valued the start-up at $10 billion then.
Berkshire spent nearly $20 billion more repurchasing its own stock since the middle of 2018 than it deployed accumulating its Apple stake through the end of last year
Buffett has struggled with a high-class problem of having too much money in Berkshire's pockets and not enough chances to put that to work in higher-returning assets.
He also said that if anything happened to Abel, it would be Ajit Jain, who oversees Berkshire's insurance businesses, would become chief executive
In a statement on Wednesday, Berkshire said Buffett's 15th annual donation comprised 15.97 million Class B shares of Berkshire.
The agreement for Dominion Energy's natural gas pipeline and storage assets signaled to the market that Buffett is willing to pounce despite his cautious tone in May about the pandemic, an expert said
An accounting rule requires Berkshire to report unrealized stock losses and gains with earnings. This causes huge swings in Berkshire's net results that Buffett considers meaningless
Berkshire is sitting on a pile of more than $128 billion cash because Buffett has struggled to find major acquisitions for the company
Ackman's stake in Berkshire, disclosed in August, is a bullish bet
The unusual quarterly loss was the result of an accounting change Buffett had warned would produce "wild" but in his view meaningless swings in results