Coronavirus Augurs a World of Pain for Stock Market Whiz Warren Buffett

Major Berkshire Hathaway holdings including Apple and Delta Airlines are massively exposed to the coronavirus outbreak. Warren Buffett’s company is also heavily exposed to banks and financials, which will be squeezed if Fed cuts interest rates this month. Buffett has little hedge protection against effects of the coronavirus on the stock market. Warren Buffett may …

Was Warren Buffett Right Again? Stocks Crumbled Days After He Walked Away From a Deal

The U.S. stock market plunged in a sharp 2-day correction. Warren Buffett has been frugal throug the past year, unable to complete major deals. He walked away from a $6 billion deal days before the market pulled back. Analysts have struggled to understand the rationale behind Warren Buffett-led Berkshire Hathaway’s $128 billion cash reserve. Now, …

Tech-Averse Warren Buffett’s Company Wolfs $900 Million in AMZN Stock

By CCN: By the end of Wednesday’s trading, Warren Buffett’s company Berkshire Hathaway had a stake in Amazon’s stock worth $904 million, an SEC disclosure reveals. To get a sense of scale for how big Amazon.com is, the $900 million stake in Amazon’s stock only puts Berkshire Hathaway in control of 0.1% of the e-commerce giant’s …

Warren Buffett Buys the Slump on Dubai’s Plummeting Property Market

By CCN.com: Billionaire investor Warren Buffett has announced plans to enter Dubai’s real estate market. His company, Berkshire Hathaway, is surprisingly eyeing an expansion into Dubai at a time when the region’s real estate market is slumping. Boom and Bust Cycles Ever since the oil slump of 2014, Dubai’s economy never fully recovered. Prices have …