Warren Buffett says he made mistakes by not investing in two dominant technology companies, Alphabet and Amazon. Alphabet is the parent company of search engine Google. “I made the wrong decisions on Google and Amazon,” he said at the Berkshire Hathaway 2018 annual shareholder meeting on Saturday. “We’ve looked at it. I made the mistake […]
Read moreWarren Buffett fully supports Apple’s plan to buy back more of its own shares. On Tuesday, the smartphone maker announced a new $100 billion stock buyback program. “From our standpoint we would love to see Apple go down in price,” he said at the Berkshire Hathaway 2018 annual shareholder meeting on Saturday. “We very much […]
Read moreFacebook is launching a dating feature inside its core app for users who are single — and it looks like the service will feature at least one main difference from its rivals: Connecting people through shared events. It’s a feature that aims to distinguish the company not just from the industry-leading Bumble and Tinder, but […]
Read moreWarren Buffett is still not a fan of investing in bitcoin. The Oracle of Omaha reiterated his negative view on the cryptocurrency, according to CNBC’s Becky Quick. Tweet Link Bitcoin is “probably rat poison squared,” he said. Buffett is presiding at the Berkshire Hathaway 2018 annual shareholder meeting on Saturday. Charlie Munger, Berkshire’s vice chairman […]
Read moreWarren Buffett is one of the most celebrated investors in history. Many accomplished fund managers credited their success to following the Oracle of Omaha’s common sense value investing philosophy. Buffett’s track record is unparalleled. From 1965 to 2017, Berkshire Hathaway’s rising market value generated a 20.9 percent annual return compared to S&P 500’s 9.9 percent, […]
Read moreWarren Buffett believes cybersecurity incidents will rise, and with it the potential to significantly harm the insurance industry. “Cyber is uncharted territory. It’s going to get worse, not better,” he said at the Berkshire Hathaway 2018 Annual Shareholders Meeting Saturday. “There’s a very material risk which didn’t exist 10 or 15 years ago and will […]
Read moreFuel prices are hitting a three-year high just as many automakers continue to shift their production lineups further in favor of crossovers and truck-based vehicles. Ford’s recent announcement that it would only make two conventional passenger car models for the U.S. market has left some wondering if it will hurt The Blue Oval if fuel […]
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4,000 babies die in their sleep every year in the U.S. and nearly 70% of those babies die in bed with their parents or while they are in an unsafe location, said Dr. Karp, CEO of Happiest Baby. “What we see is that 80% of the parents keep the baby in the Snoo and don’t […]
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START with the good news from the trade negotiations between China and America. After weeks of threatening tariffs and counter-tariffs, representatives from the world’s two biggest economies are at last talking. Over two days of meetings in Beijing, which ended on May 4th, Chinese and American officials laid out their grievances and their demands. That, […]
Read moreA middle-of-the-pack employee at Facebook makes more than 8 times as much as Amazon‘s median employee. The revelation of that stark difference comes courtesy of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which required companies to disclose the ratio between their median paid employee and their CEO for the first time this year. […]
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