Berkshire Hathaway

Visualizing The Evolution Of The American Economy Over The Past 50 Years

If you’re curious about the story of modern humanity, you’ll find few things more fascinating than the shapeshifting ways of our markets and industries, over many years and decades. These shifts reflect our whole society, our inspiration, our impulses, and our shortcomings.

Median LBO Multiple Rises To 10.8x, Highest Since The Financial Crisis

According to a new report by PitchBook, after reaching new highs in 2016, acquisition multiples inched even higher in the first quarter of this year, and as a result the median EV/EBITDA multiple hit 10.8x in 1Q 2017, up from 10.7x last year. That was the highest median multiple paid since the financial crisis.

Who Holds The Power In Today's Oil Market?

Amidst the din of analysts speculating about whether oil prices will rise or fall, observers may well be overlooking some pressing questions about the very nature of the global oil market. The most significant of these questions relates to whether Saudi Arabia is losing its grip on the global oil market and if U.S. oil and gas producers are replacing the Saudis as the key global swing producer.

Wells Fargo Tumbles To Lowest Since November After Buffett Dumps 9 Million Shares

In an effort to keep its stake below 10%, Berkshire Hathaway has dumped 7.13 million shares of Wells Fargo in the last 2 days and intends to sell 1.86 million more shortly. The after-hours reaction in the stock is negative, dropping the bank's share price to its lowest since Nov 2016, despite reassurances from Buffett that this is a more technical sale.

Amazon Stock $100 Away From Making Jeff Bezos World's Richest Man

AMZN is now just $100 dollars away from the key $1,000/share level at which point the owner of the Washington Post would surpass $86 billion in value and - assuming MSFT stock does not rise in tandem - would make Bezos the world's richest man.

Buffett Boosts Apple Holdings To 133 Million Shares In 2017, Becomes Top 5 Holder

Berkshire Chairman and CEO Warren Buffett told Becky Quick this morning that he more than doubled his already massive holdings in Apple between the start of 2017 and the tech company's most recent earnings report, and now owns 133 million shares, 2.5% of the outstanding stock, and is now a Top 5 holder of the company's public stock.