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The Latest Breaking News from Geico

'Abel's Not Doing Anything I Don't Approve Of': Warren Buffett Says He Was Behind Berkshire's Alphabet Trade

Warren Buffett says he initiated Berkshire Hathaway's Alphabet trade and regrets not investing sooner in the company, despite GEICO being an early client of the tech giant.

International Business Times UK

Warren Buffett Takes Credit for Berkshire’s Alphabet Stock Buy: ‘I Initiated It’

One of the newest stocks added to the Berkshire Hathaway (NYSE:BRK)(NYSE:BRK) investment portfolio is Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL). While the position started towards the end of Warren Buffett’s time as CEO of Berkshire, the legendary investor wants people to know he gets the credit for buying the stock.

Benzinga

‘You’ve Got To Be Kidding Me’: Thieves Target Atlanta Man’s Ford. He’s Shocked By What They Left Behind

'Wonder if they took the spare tire also."

Motor1

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I'm a Berkshire Hathaway investor and I was wrong about Greg Abel. Here's why he's a better fit than Buffett right now

Berkshire's new CEO isn't Warren Buffett — and that's exactly what the company needs right now.

Fortune

The billion-dollar bet that turned insurance into entertainment

Four companies in one of America’s least glamorous industries solved one of its hardest business problems—by stopping talking about their product entirely.

Fortune

New CEO Greg Abel Just Bought $15 Million of Berkshire Hathaway Stock. Should You?

Abel has a great deal of incentive to boost Berkshire's stock, but the company is facing multiple challenges.

Barchart

Can Your Car Insurance Add Strangers to Your Policy? A Florida Class Action Lawsuit Could Decide

A Florida driver says GEICO added complete strangers to her car insurance policy and jacked up premiums as a result.

Kiplinger

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How Is Berkshire Hathaway’s Stock Performance Compared to Other Financial Stocks?

While Berkshire Hathaway has lagged other financial stocks over the past year, analysts are still moderately bullish about its prospects.

Barchart

Should You Buy the Dip in This Oversold Michael Burry Stock?

Michael Burry says he’s happy with MOH stock, even as Molina Healthcare stock crumbles 25% on disappointing guidance. But are MOH shares really worth buying today?

Barchart

When Jamie Dimon poached a top Berkshire exec, he called Warren Buffett, who said ‘If he’s going anywhere, at least he’s going to you’

Former Geico CEO Todd Combs had been at Berkshire since 2010.

Fortune

Parents say Geico refused claim after car crash because their baby and toddler weren’t listed on insurance policy

The Michigan parents were on the hook for up to $15,000 worth of damage

The Independent UK

The Next GEICO? Michael Burry Is Pounding the Table on This 1 Warren Buffett-Esque Stock.

The famed Big Short investor is advocating for a long position in this healthcare stock.

Barchart

With the legendary Warren Buffett stepping back, Berkshire Hathaway enters a new era

Greg Abel faces the challenge of taking over Berkshire Hathaway from the legendary Warren Buffett this week

The Independent UK

How Warren Buffett’s Geico fell behind Progressive in the auto-insurance race

While Geico was investing in marketing and neglecting IT, its rival Progressive was investing in technology and gaining market share.

Fortune

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Kiplinger

5 of Warren Buffett's Best Investments

The Oracle of Omaha generated plenty of wins throughout his illustrious career as an investor. Here are five of Warren Buffett's best investments.

Fortune

Jamie Dimon taps Jeff Bezos, Michael Dell and Ford CEO Jim Farley to advise JPMorgan's $1.5 trillion national-security initiative

Former military commanders, politicians, and one of Warren Buffett’s top stock pickers are also joining the advisory group.

International Business Times UK

Berkshire After Buffett: The Trio Who Will Shape Your Returns—Abel, Chang, O'Sullivan

Berkshire Hathaway announced significant changes to its senior management as Warren Buffett prepares to step down as CEO after leading the company for six decades.

The Independent UK

New head of Warren Buffett’s Berkshire Hathaway assembles top team

Greg Abel is reshaping his leadership team ahead of his January takeover

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Benzinga

JPMorgan Poaches Berkshire Hathaway Star For $10 Billion US Investment Blitz

JP Morgan Chase Co. (NYSE:JPM) is putting a familiar name behind its newest, biggest U.S.-focused investing push, and the move doubles as a headline-grabbing talent shift out of Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK).

The Independent UK

80 percent of renters don’t have insurance. Experts explain why that’s a major mistake

Renters insurance can help cover the cost of replacing stolen or damaged items such as holiday gifts and electronics

Fortune

How a park bench meeting led to Aflac’s $200 million mascot idea

“Quack, quack, Aflac became the idea,” CEO Dan Amos told Fortune. The adoption of the avian mascot has coincided with a 621% run-up in share price.

Barchart

Warren Buffett Says Don’t Bother Investing in Companies Solving Hard Problems, ‘What We Have Learned Is to Avoid Them’

Warren Buffett’s reflections on business strategy highlight the power of simplicity, discipline, and choosing solvable problems over unnecessary complexity.

Benzinga

Warren Buffett Turns 95: A Highlight For Ever Decade Of The Oracle Of Omaha's Life

Billionaire investor Warren Buffett celebrates his 95th birthday on Saturday, which is his last birthday while serving as the CEO of Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK).

Kiplinger

A Timeline of Warren Buffett's Life and Berkshire Hathaway

Buffett was the face of Berkshire Hathaway for 60 years. Here's a timeline of how he built the sprawling holding company and its outperforming equity portfolio.

Fortune

What Greg Abel will do now he has officially taken over from Warren Buffett at Berkshire Hathaway.

Also: Stocks rallied instantly on the China news, Trump promises drug price cuts.

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