BUFFETT
Ajit Jain sells half of his Class A shares in Berkshire Hathaway
Ajit Jain, vice chair of insurance operations at Berkshire Hathaway, sold $139 million worth of Class A shares in the company. Jain disposed of 200 shares at approximately $695,418 each, leaving him with control of 166 shares. Jain joined Berkshire Hathaway in 1986 and has been praised by Warren Buffett for his contributions to the firm.
Berkshire Hathaway's Ajit Jain sells more than half his stake in co for $139 million: Report
Berkshire Hathaway's Vice Chairman Ajit Jain has sold more than half of his stake in the company, garnering $139 million, according to a media report.
Has cure for cancer been found? Here's what scientists have discovered
Researchers have found a brand-new technique for eliminating cancer cells that involves vibrating molecules. Researchers may have discovered fresh possibilities for cancer treatment by using near-infrared light to activate these molecules, which produced encouraging results in laboratory experiments.
Warren Buffett disowns his grand daughter Nicole, what could have gone wrong?
Warren Buffett ended his relation with Nicole Buffet, his granddaughter which highlights that even billionaires didn't get rid from family conflicts. Despite a good relation in the past, Warren disowned Nicole as she discussed about her family wealth in a public space. Struggling with an income of $40,000, Nicole's life took a drastic turn from lavish lifestyle.
Is Nifty just too expensive at 25,000? Let's find out using 3 valuation tools
The Nifty index, having surged 14% this year to surpass 25,000, is now considered overvalued by some analysts. Axis Securities predicts a drop to 24,600 by March 2025. Valuation tools like the Buffett Indicator and BEER ratio suggest the market is slightly expensive. Defensive sectors are expected to outperform cyclical ones amid global uncertainties.
Teachers’ Day: Here are 7 trading and investing lessons from stock market stalwarts
As India celebrates Teachers' Day, we reflect on timeless investing wisdom from market legends like Warren Buffett, Charlie Munger, and Peter Lynch. Their principles highlight the importance of understanding, skepticism, patience, and self-reliance amid today’s proliferation of dubious investment advice.
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India can lead gobal south that will rule the world for next 100 years: Kiril Sokoloff
Investment strategist Kiril Sokoloff shares his optimism on India's economic potential, the uncertainties in the US economy, the impact of upcoming US elections, and the future of global currencies. He discusses the potential of Indian equities, the strength of China's technological advancements, the trajectory of oil prices, and the rising importance of gold and silver.
Billionaire Buffett again sells BofA shares worth about $845 mln
Billionaire Warren Buffett's Berkshire Hathaway has sold $845 million worth of Bank of America shares, its top holding. Since July, Berkshire has unloaded over $6 billion in shares. Buffett had expressed confidence in the bank's CEO, Brian Moynihan. Bank of America shares have gained 21% this year, close to the S&P 500 Banks Index's 22.6% rise.
As Warren Buffett celebrates his 94th birthday, here are 5 lessons from Oracle of Omaha's investment philosophy
A former student of Benjamin Graham, Buffett is known as a legendary value investor, though he is also believed to incorporate an emphasis on management quality and company growth prospects.
Raamdeo Agrawal on price, value & how Buffett's Berkshire Hathaway could end up with $10-20 trillion net worth
Raamdeo Agrawal of Motilal Oswal Group discusses the importance of understanding value over price for every investor and also highlights Warren Buffett's achievements and investment strategies. He praises Buffett's 20% compounded growth over decades and notes that Buffett's limited investment in India despite significant Indian contributions to Berkshire Hathaway's success.
94th birthday gift for Oracle of Omaha: Warren Buffett's Berkshire Hathaway becomes world's first nanotechnology company to hit $1 trillion mcap
Warren Buffett's Berkshire Hathaway is currently making headlines for touching the $1 trillion mcap mark, being one of the first nanotech companies in the world to do so. This can be considered as a birthday gift for Buffet, who touches 94 years of age on August 30.
Buffett's Berkshire Hathaway hits $1 tn market value
Warren Buffett's Berkshire Hathaway holding company crossed $1 trillion in market value Wednesday, making it the first non-tech firm on Wall Street to pass the milestone. On Wednesday, Berkshire Hathaway's market capitalization crossed $1 trillion in early trading, putting it in an exclusive club alongside tech titans like Apple, Nvidia and Microsoft.
Warren Buffett's Berkshire Hathaway tops $1 trillion market value
The market value of Berkshire Hathaway surpassed $1 trillion on Wednesday, reflecting investor confidence in the conglomerate that Warren Buffett built over nearly six decades into what many consider a proxy for the American economy.
Warren Buffett sells more BofA shares, reaping $982 million
Warren Buffett's Berkshire Hathaway has sold additional Bank of America shares worth $982 million, bringing the total stake reduction to 13% and generating $5.4 billion since mid-July. The move marks a significant pullback from an investment that began in 2011. Berkshire remains the bank's largest shareholder, holding shares worth $35.9 billion.
Read my lipstick, beauty is equity: What Warren Buffett’s investment in a beauty company foretells about the economy
Warren Buffett's recent purchase of Ulta Beauty Inc. shares has sparked concerns of a possible US recession. This aligns with the 'lipstick theory,' which suggests increased cosmetic sales during downturns. As high interest rates and rising unemployment plague the economy, Buffett's cautious investment choices may signal a strategic preparation for tougher times.
What Warren Buffett’s Apple sale brings back to the investment world
Warren Buffett partially sold his Apple shares, citing high valuations despite the company's robust profitability. Apple was a bargain in 2016 but has become much more expensive. This move underscores the need to weigh quality against price, even for excellent names like Apple. It emphasizes a cautious approach to investing.
Darne Ka Kya? Rakesh Jhunjhunwala family recalls his life mantra on death anniversary
On his second death anniversary, Rakesh Jhunjhunwala's family and Rare Enterprises honored the legendary investor with a newspaper ad. Known as the 'Big Bull' of Indian stock markets, Jhunjhunwala's mantra, 'the less you fear, the more you gain,' was spotlighted in a poem, reflecting his philosophy and legacy.
5 lessons from Rakesh Jhunjhunwala's investment philosophy on his 2nd death anniversary
Rakesh Jhunjhunwala's Death Anniversary: Rakesh Jhunjhunwala, also known as the Warren Buffett of India, passed away two years ago. Renowned for his long-term investment strategy and faith in competent management, Jhunjhunwala managed Rare Enterprises. His legacy emphasizes patience, pragmatism, and learning from mistakes, guiding modern investors today.
Bear market coming? From Warren Buffett to mutual funds, big boys hoarded cash before crash
Top investors, including Warren Buffett and major Indian mutual funds, were seen increasing their cash reserves amid market turbulence. Buffett's cash piles rose to $277 billion, while Indian mutual funds held Rs 1.52 lakh crore in cash by June. Experts recommended a cautious, staggered investment strategy considering potential market corrections.
Holding on to cash, next market sell-off will be worst in lifetime, warns Jim Rogers
Veteran investor Jim Rogers anticipates a severe financial collapse due to rising global debt. Rogers disclosed holding substantial cash reserves. Warren Buffett's Berkshire Hathaway also increased cash holdings to $277 billion following significant stock sales.
Magnificent Seven set to shed $900 billion in value, led by Apple, Nvidia
Apple and Nvidia led a sell-off in technology stocks on Monday as U.S. recession fears and Berkshire Hathaway's decision to cut its stake in the iPhone maker punctured a months-long rally in the sector.
Buffett Indicator had warned of stock market bubble waiting to burst
The Buffett Indicator warned of the Indian stock market's overvaluation, hitting a peak of 150% of GDP. This was followed by a 2,600-point drop in the Sensex due to global concerns. Analysts believe further corrections could happen but see this as a short-term issue rather than long-term panic.
Warren Buffett's Berkshire halves Apple stake, boosts cash to $277 billion even as operating profit sets record
Berkshire's results suggest the 93-year-old Buffett, one of the world’s most revered investors, is growing wary about the broader U.S. economy or stock market valuations that have gotten too high. The results were released on Saturday after a stock market selloff that pushed the Nasdaq into correction territory, while a weak jobs report sparked worries about U.S. economic activity and whether the Federal Reserve waited too long to cut interest rates.
Buffett's sales of Bank of America top $3.8 billion
Berkshire Hathaway sold $779 million worth of Bank of America shares between July 30 and Aug. 1, marking the 12th consecutive day of selling the stock since July 17. In total, Berkshire has sold 90.4 million Bank of America shares during this period.
Economic Survey cautions about the high valuations of the Indian stock market
The Economic Survey, presented by the Finance Minister in Parliament, cautions about the high valuations of the Indian stock market. The survey highlights that India's market capitalisation to GDP ratio has surged to 124% in FY24, up from 77% in FY19.
Berkshire Hathaway cuts stake in China's BYD to below 5%
Warren Buffett's Berkshire Hathaway reduced its stake in BYD to below 5%, in what could be the final time Berkshire discloses stock sales in China's largest producer of electric vehicles.
Harbinger of market instability? Economic Survey warns against soaring m-cap-to-GDP
India's Buffett Indicator (market cap-to-GDP ratio) is at alarming levels, highlighted in the Economic Survey presented in Parliament. Despite reaching 124% by December 2023 and an estimated 136% by June 2024, caution is advised as it doesn't correlate with economic progress. Factors include a strong macro outlook, corporate earnings, and significant retail and foreign investments driving market highs.
5 investing lessons from India’s T20 World Cup triumph
India's triumph against the odds in the final serves as a powerful lesson in trusting the process even when faced with adversity. Despite a mere 3% chance of victory, the team's unwavering faith in their strategies proved crucial. Similarly, in investing, initial expectations can often be misleading. Investors may be tempted to abandon investments due to short-term market fluctuations, potentially missing out on significant long-term gains.
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