Mr. Buffett won renown and made billions as one of the most successful stock pickers of all time. Mr. Abel’s strengths lie more in running businesses.
“Trade should not be a weapon,” he said at Berkshire’s annual shareholders’ meeting. Investors had been awaiting his comments on trade, given the conglomerate’s status as...
The conglomerate reported on Saturday that it had cut its holdings in Apple and Bank of America and increased its cash to a record high in...
Warren Buffett’s conglomerate joined a small club of companies that have crossed the mark.
The conglomerate reported nearly $277 billion in cash in the second quarter. And while it sold about 390 million shares in Apple, it still owned about...