Page 21 - Todd Combs News Today

Charles Munger, who died on Tuesday, went from working for Warren Buffetts grandfather for 20 cents an hour during the Great Depression to spending more than four decades as Buffetts... -November 28, 2023 at 04:21 pm EST - MarketScreener

Warren Buffett's recent actions paint a potentially unpleasant picture for Wall Street.

These brand-name companies had been fixtures in Berkshire Hathaway's portfolio for the past 11 to 18 years.

The new apple of the Oracle of Omaha's eye is historically cheap.

The Oracle of Omaha has put more than $72 billion to work buying shares of his favorite stock since mid-2018.

Portfolio manager Daniel Grana says some Chinese stocks are still good value, but warns investors dipping into emerging markets to consider the policy objectives of the ruling party.

The Omaha-based conglomerate dumped the remaining $780 million stake in General Motors, while exiting a number of smaller bets.

Berkshire Hathaway reported no holdings in GM, after reporting a stake of $848 million in June, and said it reduced its stake in Amazon by 5%.

Firm also trims its stake in Amazon and Celanese

Two strategies that require virtually no effort are generating more than $12 billion in yearly income for Buffett's company.