“The world has changed hugely,” the Berkshire Hathaway CEO said.
“I think he has room for improvement,” Buffett said. “And he would say the same thing.”
The long-running challenge is only open to Berkshire Hathaway’s roughly 400,000 employees.
These are some of the highlights from this year’s letter.
Warren Buffett’s sprawling Berkshire Hathaway released its fourth-quarter earnings on Saturday, .
And with Berkshire’s $116 billion pile of cash, shareholders are eager to find out on Saturday in Buffett’s annual letter whether the “Oracle of Omaha” made any significant purchases in 2018.
The “Oracle of Omaha” will release his widely anticipated annual letter to Berkshire Hathaway Inc. shareholders on Saturday.
Berkshire also bought shares in General Motors and cloud-computing company Red Hat.
Berkshire Hathaway said the simplified offering for small businesses will be rolled out on a state-by-state basis as soon as regulatory filings and approvals are cleared.
The bankrupt retailer will move forward with its planned auction, set for Jan. 14.
The “Oracle of Omaha” disclosed a new $4 billion stake in JPMorgan.
Berkshire Hathaway is heavily invested in U.S. banks.
Operating earnings for the conglomerate jumped to $6.88 million.
Berkshire Hathaway’s investment strategy has long centered on building positions in well-established companies such as Coca-Cola and IBM.
Another scandal at the California-based bank hasn’t deterred the Oracle of Omaha's confidence.
The “Oracle of Omaha” doesn’t think buying Tesla is a good investment for Apple.
The Tesla CEO should have rectified his tweet on privatization immediately if he misspoke, the "Oracle of Omaha" said.
The deal would mark Buffett’s first direct investment in India.
Berkshire Hathaway owns more than 5% of Apple.
Earnings were boosted by insurance underwriting and an accounting change.