OMAHA: Warren Buffett credited his longtime partner – the late Charlie Munger – with being the architect of the Berkshire Hathaway conglomerate he’s received the credit for leading and warned shareholders in his annual letter not to listen to Wall Street pundits or financial advisors who urge them to trade often. Buffett also recounted how … Read more
Paying his respects to Charlie Munger, Zerodha Founder, and Chief Executive Officer Nithin Kamath on Wednesday said that Munger’s ideas had a tremendous influence on him.Munger was the Vice Chairman of Berkshire Hathaway, a conglomerate run by Warren Buffet. He passed away on Tuesday at the age of 99 in a California hospital.”I had written … Read more
Hero MotoCorp Share Price 3764.00 01:04 PM | 29 Nov 2023 142.00(3.92%) Mahindra & Mahindra Share Price 1608.15 01:04 PM | 29 Nov 2023 42.10(2.69%) Wipro Share Price 406.40 01:04 PM | 29 Nov 2023 9.55(2.41%) Axis Bank Share Price 1042.35 01:04 PM | 29 Nov 2023 21.20(2.08%) Britannia Industries Share Price 4810.60 01:04 PM … Read more
The death of Berkshire Hathaway‘s Charlie Munger heralds the end of an era, leaving Warren Buffett as the conglomerate’s lone investing legend and shining the spotlight on managers who have largely operated in their shadow. Few companies have been so closely associated with their leaders as Berkshire has with Buffett and Munger, who knew each … Read more
The renowned American investor, businessman, and philanthropist, Charlie Munger, known as the ‘Oracle of Pasadena’, passed away on November 28, 2023, at the age of 99. Munger, best known as the vice chairman of Berkshire Hathaway, a conglomerate led by his longtime friend Warren Buffett, played a pivotal role in its success. Buffett, chairman and … Read more
Whether you are dependent on the services of a financial advisor to manage your money or you prefer to do it yourself (DIY), it is imperative to understand some of the key principles behind the world of savings and investing. As we celebrate Teachers’ Day in India today, here’s a look at what some of … Read more
Investing legend Warren Buffett turned 92 today. The billionaire investor, whose fortune stands at $100.20 billion, is the world’s seventh richest man, as per Forbes. Buffett first invested in stocks on March 11, 1942. On that day, he purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of his … Read more
Designed to be completely private and unrelated to governments, can cryptocurrency be the future of money? Well, so far these decentralised electronic tokens have generally not worked very well as currency as they fail to fulfill any of its three traditional functions, says a new book by London-based financial writer Gavin Jackson. “Their price has … Read more
By Katherine Chiglinsky Warren Buffett said Greg Abel, Berkshire Hathaway Inc.’s vice chairman of non-insurance businesses, would be his likely successor if the billionaire were to step down. The board agrees that Abel, 58, would take over if anything were to happen to the 90-year-old chief executive officer, Buffett told CNBC. Abel had been seen … Read more
By Katherine Chiglinsky Warren Buffett delivered a clear verdict Saturday on the state of the U.S. economy as it emerges from the pandemic: red hot. “It’s almost a buying frenzy,” the Berkshire Hathaway Inc. chief executive officer said during the conglomerate’s annual meeting, which was held virtually from Los Angeles. “People have money in their … Read more