Warren Buffett’s Berkshire Hathaway Sells Off Huge Stake in Goldman Sachs, JPMorgan

Warren Buffett’s Berkshire Hathaway Sells Off Huge Stake in Goldman Sachs, JPMorgan
ôîòî ïîêàçàíî ñ : beincrypto.com

2020-5-19 13:15

Warren Buffett’s investment firm Berkshire Hathaway is still realigning its portfolio amid the economic turmoil caused by the coronavirus pandemic.

The conglomerate’s choices are often used to gauge the state of the market.

Recent SEC filings show that Buffett’s Berkshire Hathaway has adjusted its stake in two of the leading financial firms [Fox Business].

Berkshire Hathaway has cut its share of Goldman Sachs by a stunning 84%, from 12 million shares to 1.9 million. It has also slashed its holdings in JPMorgan by 1.8 million but still holds a large position.

Berkshire Hathaway made headlines earlier this month for selling all of its U.S. airline shares and previously held shares in four of the largest U.S. airlines. In a statement made on May 3, Buffett said he was wrong to invest in the airline industry [BBC].

Many are interpreting Hathaway’s recent selloff of JPMorgan and Goldman Sachs shares as evidence that the financial conglomerate is expecting more market downside in the months ahead.

The post Warren Buffett’s Berkshire Hathaway Sells Off Huge Stake in Goldman Sachs, JPMorgan appeared first on BeInCrypto.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Market.space (MASP) íà Currencies.ru

$ 0 (+0.00%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 0.00 %, 7d: 0.00 %
Cåãîäíÿ L: $0 - H: $0
Êàïèòàëèçàöèÿ $0 Rank 99999
Äîñòóïíî / Âñåãî 0 MASP

buffett hathaway warren berkshire pandemic coronavirus conglomerate

buffett hathaway → Ðåçóëüòàòîâ: 93


Ôîòî:

Should Warren Buffett ‘Buy The Bitcoin Dip’?

As financial markets plummet, Warren Buffett and his holding company Berkshire Hathaway is expected to make some huge investments over the coming weeks. Will Buffett ‘buy the dip’ in Bitcoin though? Berkshire Hathaway – Buying In Times Of Crisis Buffett — also known as ‘Oracle of Ohama’ always takes up headlines during times of crisis due to his investment strategy which tends to make huge fortunes by preying on the uncertainty of the market. He […]

2020-3-15 21:00


Warren Buffett Is Wrong, Everyone Should Have 1% of Assets in Bitcoin: Virgin Galactic Chairman

Chamath Palihapitiya, the chairman of Virgin Galactic, yet again doubled down on bitcoin being a “fantastic hedge.” While talking to CNBC's “Squawk Box,” the billionaire investor disagreed with Berkshire Hathaway chairman Warren Buffett on the value of bitcoin, that Buffett earlier this week said has no value because cryptos do not produce anything. The long […]

2020-2-28 19:03


$128 Billion in Cash: Is Warren Buffett Unconvinced of Stock Market Rally?

Berkshire Hathaway is holding $128.2 billion in cash, according to its quarterly report. With no big deal in four years, Warren Buffett seems to be unfazed by the stock market rally. Buffett, who has evolved the $528 billion conglomerate into the world’s biggest financial company by revenue, is known to be patient in spotting large […] The post $128 Billion in Cash: Is Warren Buffett Unconvinced of Stock Market Rally? appeared first on CCN.com

2019-11-4 20:03


Men over Boys: Justin Sun taps seasoned professional Jeremy Allaire for Buffett lunch

Justin Sun has graduated. Amidst the Libra-hangover that the entire industry is still dealing with, an important event has slipped away from the limelight. The much-talked about lunch between the digital asset industry’s master marketeer, Tron’s Justin Sun, and Berkshire Hathaway’s Warren Buffett is on the horizon, and the guest list has another name.

2019-7-19 10:30


Bitcoin’s returns in 10 years trump Berkshire Hathaway’s returns since 1964

One of the biggest struggles faced by Bitcoin and the rest of the cryptocurrency market has been to convince the mainstream ecosystem of its benefits and use-cases. One of the biggest naysayers of the cryptocurrency industry is Berkshire Hathaway CEO Warren Buffett, who once compared the world’s largest cryptocurrency to rat poison.

2019-6-12 20:00


Bitcoin-Skeptic Warren Buffett to Host $4.37M Lunch With Tron Founder

On Monday Tron Founder Justin Sun excitedly tweeted that he had won an auction to have lunch with legendary investor Warren Buffett. Will Sun shill Buffett on the merits of Tron and BitTorrent?  Will the Oracle of Omaha Drink the Kool-Aid? On Monday Tron founder Justin Sun revealed that he had secured a lunch with the legendary investor and ‘Oracle of Omaha’ Warren Buffett.

2019-6-4 23:30


Buffett’s Berkshire Scammed Out of Staggering $340 Million by Solar Ponzi Fraud

By CCN: Berkshire Hathaway, the multinational corporation led by billionaire Warren Buffett, posted a $377 million first-quarter charge for investment losses related to a solar Ponzi scheme. Berkshire invested $340 million in Ponzi scheme Berkshire made the disturbing revelations in a regulatory filing during its annual shareholders meeting last weekend.

2019-5-9 18:16