Warren Buffett's partner Charlie Munger likens crypto to ‘venereal disease’
Munger said he wished the US had banned crypto immediately and that he admires the Chinese for banning it
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NYSE:BRK.B
Berkshire Hathaway Inc and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail transportation, manufacturing, retailing and services.
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Munger said he wished the US had banned crypto immediately and that he admires the Chinese for banning it
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Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
The Oracle of Omaha’s investment company offloaded stock in more traditional financial companies – selling US$1.8bn and US$1.3bn of Visa and Mastercard stock
Some investment thoughts for the year ahead (and beyond)
Buffett’s company bought a new stake in JPMorgan and upped its investment in Apple
The air could go out of the mega-merger between Praxair and Linde; SeaWorld leaps - throwing in a backflip for good measure - as second-quarter attendances rise; Newell Brands dips as sales decline
Investments and investor services
The results beat analyst forecasts, with operating profit for the second quarter at US$6.89bn from US$4.12bn a year earlier.
Here, in an occasional column written by our New York office, we look at at the growth stocks that have caught the eye of the US investing public. Our inaugural contribution has been filed by Bob Byrne, veteran stock picker and commentator
Warren Buffett and J. Carlo Cannell don't think this small-cap media company is fake news
Conglomerate's CEO voices approval of Apple's stock buyback plans
In buying cryptocurrencies, 'You don't really have anything that has produced anything,' he said
According to a stock market filing by Berkshire Hathaway, the Buffett vehicle has offered to sell Knauf a six-month option at US$2 a pop to buy its 30.8% stake in USG
The account would be aimed at younger customers and those without bank accounts, according to The Wall Street Journal.
Warren Buffett's investment vehicle said current owners, the Haslam family, will continue to own a majority stake in the company, which has more than US$20bn in revenues, more than 27,000 employees and 750 locations across the US and Canada
Berkshire Hathaway paid US$20.25 a share for its stake; Store Capital's shares closed at US$20.77 on Friday
Warren Buffett’s conglomerate now holds around 133mln Apple shares, worth a cool US$17bn