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Top News In பெர்க்ஷயர் ஹாத்வே தலைவர் வாரன் பஃபெட் Today - Breaking & Trending Today

Buffett's Berkshire recovering from pandemic, buys back more stock


Buffett s Berkshire recovering from pandemic, buys back more stock
Reuters
3 hrs ago
By Jonathan Stempel
© Reuters/SCOTT MORGAN
FILE PHOTO: Shareholders shop for discounted products at the annual Berkshire Hathaway shareholder meeting in Omaha
By Jonathan Stempel
(Reuters) - Warren Buffett s Berkshire Hathaway Inc said on Saturday its results are rebounding from the worst effects of the COVID-19 pandemic and that it has extended its aggressive stock repurchases with $6.6 billion of new buybacks.
© Reuters/SCOTT MORGAN
FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc s annual shareholder meeting in Omaha ....

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Buffett's fortune grows as stock price rises – NationNews Barbados — nationnews.com


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Warren Buffett’s fortune reached $100 billion on Wednesday, as investors drove the stock price for his company Berkshire Hathaway Inc. to a record level.
Buffett’s net worth, as measured by Forbes magazine, comes almost entirely from owning about one-sixth of Berkshire, a roughly $600 billion company.
Berkshire’s stock price has surged higher in March, with its Class A shares surpassing $400 000 on Wednesday.
That came after the Omaha, Nebraska-based company on February 27 said fourth-quarter operating results improved despite the coronavirus pandemic, while gains in Apple Inc. and other stocks fueled a $35.8 billion overall profit.
The 90-year-old Buffett’s net worth would be higher had he not in 2006 begun donating his Berkshire shares to the Bill & Melinda Gates Foundation and four family charities. ....

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Warren Buffett says bond investors worldwide face a 'bleak future'


Warren Buffett says bond investors worldwide face a bleak future
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FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc s annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. File Photo
(REUTERS)
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Warren Buffett in his annual letter to Berkshire Hathaway shareholders on Saturday said bonds are not the place to be in these days, adding that fixed-income investors worldwide face a bleak future.
Buffett bemoaned fixed income as an investment, saying that bonds are not the place to be these days. The income from a 10-year U.S. Treasury bond fell 94% from a 15.8% yield in September 1981 to 0.93% at the end of 2020. ....

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Woowa Brothers founder to donate over $500 million to philanthropy


Woowa Brothers founder to donate over $500 million to philanthropy
Posted : 2021-02-18 12:52
By Park Jae-hyuk
Kim Bong-jin, founder and CEO of Woowa Brothers which operates the nation s leading food delivery app Baedal Minjok, became the first Korean participant in the Giving Pledge, after he and his wife, Sul Bo-mi, promised to donate more than half of their wealth, the app operator said Thursday.
He is expected to donate at least $500 million, given the fact that one needs to own assets worth $1 billion to participate in the Giving Pledge.
The Giving Pledge is a non-binding movement of philanthropists that started in August 2010 after Microsoft Founder Bill Gates and Berkshire Hathaway Chairman Warren Buffett promised to return their wealth to society. ....

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