Shakira pledges to rebuild 10 schools after devastating Colombia earthquake The pop star made an unannounced visit following the catastrophic quake that claimed hundreds of lives The Independent UK · Aug 18
Berkshire Is Chasing GOOG Stock Big Time, But It Might Not Help Reverse Warren Buffett’s Historical Mistake Berkshire Hathaway added $17 billion worth of Alphabet. Barchart · Aug 17
Meet the self-made billionaire who bought a nearly bankrupt company off Warren Buffett for $1,000 and turned it into a $85 billion giant Jeffrey Sprecher, the founder and CEO of Intercontinental Exchange, bought the near-bankrupt company from Warren Buffett. He’s now worth $1.2 billion. Fortune · Aug 16
Still holding cash at home? Warren Buffett calls it oxygen, but says it’s not good as an asset Berkshire Hathaway's successor Greg Abel is deploying its large cash reserves. The firm recently bought back shares and invested heavily in equities. Alphabet stock saw a significant purchase, becoming a major holding. Berkshire's cash pile decreased after these strategic acquisitions. The company reported strong quarterly operating profit and net income… The Economic Times · Aug 16
Book recommendations by Warren Buffett: Want to sharpen your investing mindset? These five books recommended by the ‘Oracle of Omaha’ cover everything from building businesses and creating long-term wealth to making better financial decisions Warren Buffett suggests reading for success and knowledge accumulation. Several of his recommended books are now available as audiobooks. Phil Knight's "Shoe Dog" memoir is one such highly praised recommendation. Fred Schwed's "Where Are the Customers' Yachts?" offers humorous Wall Street insights. Benjamin Graham's "The Intelligent Investor" significantly shaped Buffett's… The Economic Times · Aug 16
Here's What Berkshire Hathaway Bought and Sold in Q2 Berkshire was busy buying stocks in the second quarter. Here are all the stocks that Greg Abel & Co. added to the portfolio — and the ones they sold, too. Kiplinger · Aug 14
Berkshire Hathaway Doubles Down on Homebuilders, Makes Alphabet Top 3 Holding Berkshire Hathaway (NYSE:BRK)(NYSE:BRK) is no longer run by Warren Buffett, with the legendary investor stepping down as CEO at the end of 2025. While Buffett is still chairman and active with the company, the control is now in the hands of CEO Greg Abel. Benzinga · Aug 14
How Bill Ackman’s $14,000 Harvard job led him to Warren Buffett’s investing philosophy and eventually built his billion-dollar career Bill Ackman's journey began with a modest college sales position at Harvard University, earning $14,000. His foray into real estate quickly evolved as he stumbled upon Benjamin Graham's seminal investing book, igniting his passion. This pivotal moment played a role in shaping his admiration for Warren Buffett. Subsequently, Ackman founded… The Economic Times · Aug 14
Philanthropy's best-kept secret: the more you have, the less you're required to give The 50 largest private foundations in America hold more than $535 billion between them, obliged o distribute 5% each year, a minimum unchanged since 1969. Fortune · Aug 14
Before becoming a billionaire investor, Bill Ackman’s journey began with a $14,000 Harvard sales job and a book linked to Warren Buffett Bill Ackman’s investment career can be traced back to a surprisingly modest beginning: a college sales job that earned him $14,000. While studying at Harvard, Ackman sold advertising for the student-produced Let’s Go travel guides on commission, discovering that he had a knack for turning sales into serious money. The… The Times of India · Aug 14
Tech CEOs are writing 6,500-word manifestos. Who's actually reading? Also: All the news and watercooler chat from Fortune. Fortune · Aug 13
Berkshire Hathaway Just Gave Investors a Clue About When to Buy the Stock A surge in share repurchases offers investors a rare look at how chairman Warren Buffett and CEO Greg Abel view the company’s valuation. Barchart · Aug 12
As Greg Abel Deploys Cash, Michael Burry Argues Berkshire Hathaway Is No Longer 'An Attractive Investment' Michael Burry cites concerns that Abel is deploying the company’s large cash reserves too aggressively instead of waiting for exceptional opportunities. Barchart · Aug 11
Michael Burry Calls Time on Berkshire Hathaway, Says It Has Lost Buffett's 'Fat Pitch' Discipline Michael Burry says Berkshire has lost Buffett's patience as Greg Abel deploys cash and steps up share buybacks International Business Times UK · Aug 11
Fortune · Aug 11 How a book that inspired Warren Buffett and a $14,000 side hustle helped billionaire Bill Ackman get started as an investor Pershing Square Capital Management CEO Bill Ackman says he was inspired to become an investor after working at his dad’s real estate company.
The Economic Times · Aug 11 Without Warren Buffett, Berkshire Hathaway is no longer an attractive investment: ‘Big Short’ fame Michael Burry Veteran investor Michael Burry said Berkshire Hathaway has lost its investment appeal after Warren Buffett’s succession, arguing that Greg Abel may lack Buffett’s patience for major opportunities. Burry also flagged concerns over Berkshire’s large cash pile, saying its recent moves appear more strategic than investment-focused.
The Economic Times · Aug 11 US Stock Market: Berkshire shares rally on strong Q2 results, accelerating capital deployment Berkshire Hathaway shares hit their highest level since Warren Buffett announced his CEO departure in 2025 after successor Greg Abel accelerated capital deployment. Cash fell to $364.7 billion as Berkshire repurchased $4.5 billion of shares and invested $23.5 billion in stocks. Strong second-quarter profits and revenue growth further boosted investor…
Kiplinger · Aug 10 Markets Pull Back for Incoming Inflation Data: Stock Market Today Unease about negotiations to reopen the Strait of Hormuz boosted oil and yields but pressured stocks at the start of a big week for inflation data.
Benzinga · Aug 10 Michael Burry's Latest Call: Berkshire Isn't Warren Buffett Anymore Michael Burry is done with Berkshire Hathaway Inc. (NYSE:BRK), and he’s not being subtle about it.
International Business Times · Aug 10 Berkshire Hathaway's Stock Jumps As Earnings Climb And Its CEO Resumes Large Investments Berkshire Hathaway CEO Greg Abel has begun deploying the holding's massive cash pile, accumulated during the latter years of Warren Buffet's tenure as head of the company.
International Business Times UK · Aug 10 Warren Buffett's Successor Greg Abel Uses Berkshire's $365B Cash Pile to Break 14-Quarter Selloff Streak Under Greg Abel, Berkshire Hathaway has taken a bold approach, including a $10 billion stake in Alphabet and an $8.5 billion acquisition of Taylor Morrison, diverging from Warren Buffett's caution.
The Economic Times · Aug 10 US Stock Market: Berkshire steps up buybacks, boosts Alphabet stake as cash falls Berkshire Hathaway began deploying its cash pile in Q2, buying nearly $20 billion more stocks than it sold and ending a 14-quarter selling streak. It also repurchased $4.5 billion of its own shares in Q2 and bought about $10 billion of Alphabet stock, while posting better-than-expected operating profit.
The Economic Times · Aug 9 $20 billion bet: Where is Warren Buffett's successor spending Berkshire's cash pile after 14 quarters? Berkshire Hathaway became a net buyer of equities for the first time in 14 quarters under new CEO Greg Abel, spending nearly $20 billion on net stock purchases and $4.5 billion on share buybacks in Q2. Alphabet entered its top five holdings alongside Apple, American Express, Coca-Cola and Bank of…
The Economic Times · Aug 9 Berkshire Hathaway spends down cash pile under CEO Greg Abel Berkshire Hathaway reduced its cash hoard to $365.5 billion in Q2, as CEO Greg Abel deployed capital into $4.5 billion of stock buybacks and nearly $20 billion in equities, including investments in Alphabet and Taylor Morrison. Operating earnings rose 16% to nearly $13 billion despite lower insurance underwriting profits.
Barchart · Aug 8 Why Warren Buffett Called This Investment His ‘Most Gruesome’ Mistake — ‘Deserves a Spot in the Guinness Book’ Paying for Dexter Shoe with Berkshire Hathaway stock, wrote Buffett, was a ‘financial disaster’ for his company and its shareholders.