Warren

Warren Buffett’s stock shopping spree slows down even during market’s big pullback. Here’s why

Warren Buffett’s stock-buying spree slowed down drastically in the second quarter even during the market’s big correction, and analysts said the “Oracle of Omaha” could be preserving capital for other uses. Berkshire Hathaway ‘s net stock purchase fell to $3.8 billion in the second quarter, compared with more than $41 billion in the first quarter, …

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Warren Buffett’s Berkshire reins in stock purchases and books $43.8bn loss

Warren Buffett’s Berkshire Hathaway dramatically slowed new investment in the second quarter after setting a blistering pace at the start of the year, as the US stock market sell-off pushed the insurance-to-railroad conglomerate to a $43.8bn loss.Berkshire said on Saturday that the drop in global financial markets had weighed heavily on its stock portfolio which …

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There’s a new favorite stock among retail traders — and it’s linked to Warren Buffett

Warren Buffett’s conviction bet on Occidental Petroleum has inspired a legion of retail investors to follow suit. Ever since Berkshire Hathaway initially revealed a $5 billion stake in the oil giant, the stock has witnessed a massive 16.5-time increase in average daily net flows from retail investors — from $500,000 per day to $8.25 million …

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