News by tag: Warren Buffet

05.01.2018

Warren Buffett won $1 million bet against Hedge Fund

In 2007, Warren Buffett, the famed billionaire investor made a $1 million bet that an S&P 500 stock index fund would outperform a basket of hedge funds over the course of a decade.  The index fund returned 7.1% compounded annually over the 10-year period, easily beating the 2.2% average return of a basket of funds picked by asset manager Protégé Partners, according to The Wall Street Journal. The Wall Street Journal reported that when the New York Stock Exchange closed on Friday, Dec. 29, Buffet, chairman of Berkshire Hathaway Inc., had won the bet — and it wasn't close.

 
Read More
05.10.2017

Warren Buffet condemns Trump's tax plan, it could be a "terrible mistake"

Warren Buffett has attacked US President Donald Trump’s plan to slash taxes for companies as well America’s richest individuals. “We have a lot of businesses... I don’t think any of them are non-competitive in the world because of the corporate tax rate,” billionaire investor Mr Buffett told CNBC, on Tuesday.

 
Read More
31.08.2017

Warren Buffett became the biggest shareholder of Bank of America

American billionaire Warren Buffett’s Berkshire Hathaway group has officially become the top shareholder in Bank of America after exercising its right to buy 700 million shares at a discount.  Buffett had received the warrants in 2011 after investing $5 billion in the bank, which was suffering at the time from the fallout from the global financial crisis. 

 
Read More
11.07.2017

Warren Buffett donates $3.17 bln to charity in one day

Warren Buffett, the Oracle of Omaha, on Monday donated roughly $3.17 billion of Berkshire Hathaway Inc stock to the Bill & Melinda Gates Foundation and four family charities, his largest contribution in a more than decade-long plan to give away his fortune. The billionaire investor's 12th annual donation to the five charities comprised 18.63 million Class "B" shares of Berkshire, valued at $170.25 each as of Monday's market close.

 
Read More
23.06.2017

Warren Buffett bets on canadian mortgage firm

Warren Buffett’s company is lending $1.5 billion to Home Capital and spending roughly $300 million to purchase nearly 40 percent of the troubled Canadian lender’s stock. Berkshire said Thursday that the credit line will carry a relatively hefty 9 percent interest rate once Berkshire completes its initial stock investment later this month. The rate is similar to what Berkshire charged on loans it made during the financial crisis to companies including Goldman Sachs and General Electric.

 
Read More
04.11.2016

Ernesto Bertarelli plus fort que Warren Buffett?

«Je m’attends à une normalisation des taux d’intérêt, mais plus lente que beaucoup ne l’espèrent. Les taux longs grimperont à 2-3% d’ici cinq à dix ans», déclare François-Serge Lhabitant, directeur général et responsable de la stratégie de Kedge Capital, mercredi à Zurich. Ce gérant d’actifs place les capitaux de la famille Ernesto Bertarelli dans les hedge funds depuis 2001 et fait partie de Waypoint Capital. Kedge gère 4 milliards de dollars, dont 80% proviennent de la famille et 20% d’investisseurs extérieurs.

 
Read More
22.08.2016

Buffet grows in Apple and sell Wal-Mart

Warren Buffett, the Oracle of Omaha, goes against and challenge the world of finance betting on Apple even as large funds in retreat. Through his investment company Berkshire Hathaway, Buffett has increased its stake in Apple by 55% and at the same time announced that it has reduced in Wal-Mart stores, the largest retailer in this world in the portfolio for more than a decade.

 
Read More




Events


Semptember 2015
  • 22
    Jan

    The caspian week conference is a meeting point of visionaries, market leaders and experts with the f

  • 22
    Jan

    The climate transition creates opportunities and risks, and financial institutions and corporations

  • 22
    Jan

    Seit über 30 Jahren ist die ZfU International Business School Gastgeber für die angesehensten Inve

  • 30
    Jan

    Over 150 Fintechs CEOs from all over the world will be in both panels & interviews and on this stage

  • 31
    Jan

    From 2018 onwards, Switzerland’s financial fair will only be open to professional investors. This

See All

newsletter

Updates and news from MarketPlus