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Showing 1 - 10 of 60 results for "Berkshire Hathaway"

Warren Buffet honours Charlie Munger in Berkshire shareholder letter

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
Warren Buffet praised his former right-hand man, Charlie Munger, as the "architect" of Berkshire Hathaway in its latest shareholder letter. In his tribute, Buffet acknowledged Munger for guiding him to acquire wonderful businesses at fair prices rather ...

Buffett outlines plans for Berkshire Hathaway

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
Warren Buffett has laid out plans for Berkshire Hathaway (Berkshire) and his fortune in a rare letter published on the company's website. The legendary investor announced the gifting of 2.4 million Class B shares of Berkshire Hathaway stock (totalling ...

Vale Charlie Munger

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
... Omaha-based investment company he helped lead alongside legendary investor and long-time friend Warren Buffett. Berkshire Hathaway said Munger died peacefully at a hospital in California, where he lived. No cause of death was given. "Berkshire Hathaway ...

IFM Investors buys biogas developer

RACHEL ALEMBAKIS  |  FRIDAY, 3 FEB 2023
... long-term offtake contracts with investment grade commercial and industrial customers including Mercedes-Benz, Berkshire Hathaway Energy and Duke University. Biogas captures methane, which has a 25 times more harmful impact on atmospheric warming than ...

Berkshire Hathaway, IAG restructure agreement

CASSANDRA BALDINI  |  THURSDAY, 12 JAN 2023
Berkshire Hathaway has renewed its whole of account quota share (WAQS) agreement with Insurance Australia Group (IAG) but ceased its strategic relationship and equity ownership. The renewed terms with National Indemnity Company (NICO), a subsidiary ...

Berkshire posts $53bn investment loss

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
Berkshire Hathaway has reported a US$53 billion loss on its investments during the quarter. However, Berkshire Hathaway's quarterly report explained that unrealised gains and losses arising from changes in market price of investments in equity securities ...

Tesla axed from the S&P 500 ESG index

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
... Margaret Dorn said that Tesla had fallen into the bottom 25% of its industry group peers. Hence, Tesla joined Berkshire Hathaway, Johnson & Johnson and Meta as some of the big names on the ESG indexes chopping block. The decision to remove Tesla from ...

Pension fund pushes for independent chair at Berkshire Hathaway

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
One of the world's largest pension funds has indicated it will vote Warren Buffett out as chair of Berkshire Hathaway at the company's annual general meeting later this month. Despite his notoriety as the world's best investor, the California ...

Buffett resigns from Gates Foundation

ELIZABETH MCARTHUR  |  FRIDAY, 25 JUN 2021
... resignation is in-line with his plan to step down from all boards. As Buffett announced his annual contribution of Berkshire Hathaway shares to philanthropic foundations, he also announced that he would step down from the board of the Bill and Melinda ...

Buffett doesn't want to report on diversity, climate

KANIKA SOOD  |  TUESDAY, 16 MAR 2021
Berkshire Hathaway is urging shareholders to vote against two separate proposals urging the firm to disclose its climate-related risks and diversity metrics. Berkshire Hathaway Inc's annual meeting is scheduled for May 1. Proxy voting directions filed ...
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