Legendary value investors' secrets
November 21, 2024
Berkshire Hathaway
Warren Buffett’s Berkshire Hathaway bought an additional 75 million shares of Apple in the first quarter of 2018, while dumping its remaining stake in IBM, said a Bloomberg May 4, 2018 report (Buffett Buys a Further 75 Million Apple Shares, Sells Out of IBM). The report quoted the Berkshire Hathaway chairman as having said in…
Read More about Berkshire Hathaway takes a bigger bite of Apple, dumps IBMMarketable securities
Warren Buffett’s FY2016’s letter dated February 25, 2017, to Berkshire Hathaway shareholders showed the group had 61,242,652 Apple Inc shares, a stake of 1.1 per cent costing US$6.747 billion and worth a market value of US$7.093 billion. This has since doubled. According to a CNBC report on Feb 27, 2017, the stake had doubled in…
Read More about Warren Buffett loves AppleBerkshire Hathaway
“A very minor gain in per-share intrinsic value took place in 2022 through Berkshire sharerepurchases as well as similar moves at Apple and American Express, both significant investeesof ours. At Berkshire, we directly increased your interest in our unique collection of businesses byrepurchasing 1.2% of the company’s outstanding shares. At Apple and Amex, repurchasesincreased Berkshire’s…
Read More about Value-accretive repurchases of stocks benefit all owners: Warren BuffettWho's Who
The name Ray DeVoe was mentioned by Warren Buffett in his FY2010 letter to Berkshire Hathaway shareholders. Warren Buffett said: “We keep our cash largely in U.S. Treasury bills and avoid other short-term securities yielding a few more basis points, a policy we adhered to long before the frailties of commercial paper and money market funds…
Read More about Who is Ray DeVoe?Common Stocks And Uncommon Profits
For a man like Berkshire Hathaway chairman Warren Buffett who doesn’t personally own an iPhone, one wonders why he more than doubled Berkshire Hathaway’s holdings in Apple to about 2.5 per cent in January 2017. At that point, Mr Buffett owned US$17 billion worth of the tech giant’s stock In a CNBC report on 27…
Read More about Philip Fisher’s scuttlebutt methodInvestment criteria
“Woody Allen once explained that the advantage of being bi-sexual is that it doubles your chance of finding a date on Saturday night,” Warren Buffett said in his FY2015 letter to Berkshire Hathaway. Why did the Berkshire Hathaway chairman say this? “In like manner – well, not exactly like manner – our appetite for either…
Read More about When it comes to stocks, Berkshire Hathaway looks for wonderful companiesBooks
In stock markets, we hear of this term called “lollapalooza effect”. In mid-2014, for example, when the stock of Apple plummeted at one stage by 40 per cent from a high of $700 to just below $400, the cause was attributed in some quarters to the “lollapalooza effect”. In a June 2014 article , “Apple Stock Still…
Read More about Charlie Munger’s “lollapalooza effect” concept