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Articles Tagged "warren buffett news"
A few weeks ago, I wrote an article about Phillips 66 (NYSE: PSX) and its competitive advantage and valuation that makes it a great buy, both as a company and as a stock. Warren Buffet seemed to agree, as he announced that Berkshire Hathaway is selling shares of ConocoPhillips (NYSE: COP) to buy those of Phillips 66. PSX jumped 5.8%...
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At a cost of more than $127,000 each, Berkshire Hathaway’s Class-A (NYSE: BRK.A) shares are easily the priciest investment on the American exchanges, in part because the company has never had a stock split or paid a dividend to its shareholders. With Warren Buffett at the helm for nearly a half-century, Berkshire, a diverse...
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There is a myth that a money manager, known only as the “Oracle of Omaha”, can beat the market by 20 percentage points per year, make onions cry, and speak braille. Okay, we’re going to be honest – Chuck Norris, known for his role in such epics as Walker Texas Ranger and Missing in Action, is the only man known to possess...
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As one of the largest upstream oil companies in the United States, ConocoPhillips (NYSE: COP) has been a good investment since the recession, returning nearly 50 percent. In this time period, the company has spun off its downstream business into Phillips 66 (NYSE: PSX), and unlike most breakups, this one was for the best. Much...
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If you are interested in the stock market, there isn’t a chance that you haven’t heard of Warren E. Buffet. He’s the second richest man in America with a net worth of $44 B, only next to Bill Gates’ $61 B. He is the founder and CEO of Berkshire Hathaway (BRK), a holding company which owns subsidiaries that engage in...
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