Earlier this week, Buffett revealed that he had bought 75 million additional Apple shares, which means that Buffett now owns approximately 5 percent of Apple.
Warren Buffett's insurance and reinsurance businesses at Berkshire Hathaway recorded positive performance for the first-quarter of 2018, with both underwriting and investment sides of the business delivering higher profits.
Apple developers products that Buffett describes as being "extremely sticky, meaning that customers become attached to these products and in turn support Apple as a company". Now, Buffett says he wants to buy even more of the company...
In reinsurance, particularly P&C, it doesn't look like Berkshire Hathaway has gone for the growth in premiums written that some other major players have achieved, which is reflected in Warren Buffett's commentary this weekend at the annual meeting, where he said while reinsurance would be part of his business for decades to come, he still doesn't feel the returns always properly compensate the risk takers.
Sonam Kapoor-Anand Ahuja wedding on Tuesday but honeymoon not anytime soon
Sonam Kapoor , the ultimate fashionista of Bollywood, is all set to get married in two days i.e. on Tuesday. It was Arjun and uncle Sanjay Kapoor, who looked bright in an orange and red kurta respectively.
U.S. billionaire investor Warren Buffett said on Saturday that the world depends on the USA and China for progress, dismissing concerns that the two countries' trade tensions could potentially escalate into a trade war.
Both Democrats and Republicans in the U.S. believe in the benefits of free trade, he said.
On e-commerce firm Amazon, he said: "The truth is that I've watched Amazon from the start and I think what (Amazon CEO) Jeff Bezos has done is something close to a miracle. The problem is if I think something will be a miracle, I tend not to bet on it".
Berkshire Hathaway now has a stake in China's automobile manufacturer BYD.
Two of Berkshire's biggest stock investments, Wells Fargo & Co (WFC.N) and Coca-Cola Co (KO.N), had tough first quarters, falling 13.6 percent and 5.3 percent, respectively. The pace of innovation, he said, is more important in the long run.