Buffett upbeat on U.S. and Berkshire, buys back stock even as pandemic hits results

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Not even the coronavirus pandemic could dampen Warren Buffett's enthusiasm for the future prospects of America and his company Berkshire Hathaway Inc.

- Not even the coronavirus pandemic could dampen Warren Buffett’s enthusiasm for the future prospects of America and his company Berkshire Hathaway Inc.Buffet used his annual letter to investors to assure that he and his successors would be careful stewards of their money, and “the passage of time, an inner calm, ample diversification and a minimization of transactions and fees” would serve them well.

“He’s a deep believer in his company and the country,” said Tom Russo, a partner at Gardner, Russo & Gardner in Lancaster, Pennsylvania and longtime Berkshire investor.Berkshire reported net income of $35.84 billion in the fourth quarter, and $42.52 billion for the year, both reflecting gains in its stock holdings, led by Apple Inc.

Perhaps no business was hit harder than Precision Castparts Corp, which shed 13,473 jobs, or 40%, of its workforce.

 

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AnitaSharma I’d rather give that $25B to myself as well.

How much has WarrenBuffet spent on the relief for the masses from the pandemic. Peanuts. His enthusiasm smells of thousands of dead bodies.

Well I can tell you his company AmexUK are liars, thieves and incompetent staff. 9 months to return my money from thieving KLM who wouldn't refund cancelled flights. If you need a cc, don't get amex. Just get your local high St VisaUK or MastercardUK can recommend N'Wide.

🤔He get a lot of money invest in China

If I had 25 BILLION to drop on stocks you couldn't dampen my enthusiasm in a rainstorm, in a toilet paper house...

Unfortunately Buffett will be dead 2035s when China is the first world economically and surpasses America

If only Warren was as smart a businessman has Donald Trump, he could be president too!

The Oracle has Spoken

Give me $5 million dollars and a crisp RC Cola, and I’ll make this clown look like an amateur investor while I’m tripling my money every single day.

90 year old optimistic about the future. Nice

Ha! He was an influencer before mainstream media knew what influencers were. Carries around a coca-cola everywhere he’s in-front of a camera. Claims to eat McDonald’s everyday. Ha... keep falling for this man. You have all been fooled.

'Buy the fucking dip' -Warren Buffett

Pls give any job help me

nice

This is looking beyond the immediate circumstances: the difference between excellence & mediocrity.

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Buys Chevron... gives middle finger to future humans.

YES

This vampire should be in jail.

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Buy low.

If we had the money, we the people would out do them at their own games and laws..

He has no choice but to buy stocks. His cash reserves are diminishing in buying power due to relentless printing of the dollar. Stocks appear to go up because the dollar is worth less and the old fart can’t get his head around Bitcoin! 😎

Wow rich stayed rich, stocks got cheaper, so now he owns a larger percentage. Thanks for the help homie...

The Man 👍

Phew thank god. That’ll help.

スガ政権は国民を見捨てるのか? The Japanese government ignores COVID-19 measures, ignores compensation for the people, Japan is on the verge of collapse, the media should report this SOS to the world 無為無策で国民壊滅 シリウス🌟

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Buffett upbeat on U.S. and Berkshire, buys back stock even as pandemic hits resultsWarren Buffett's enthusiasm for the future of America and his company Berkshire Hathaway Inc has not been dimmed by the coronavirus pandemic. Thank God for bringing bitcoin to man,it has being a great source of blessing to all of man kind who have passion for bitcoin trading. Now the poor are getting rich over night and the rich getting richer. michelleclaw_ thank you for your proper management🙏🏻🙏🏻 . A koronavírus-fertőzésnél, vigyázni kell, mert maradhat a döglött vírusból, olyan vegyület(ami nem ürül ki, mert mindig máshová kötődik), ami a szövődményeket okozhatja!!!1 év után jöttem rá, és TÁvolítottam el, én is!!!(Valami, nem jó alapján)A felel-pont is súgja?!Te? only buffet we still need is for people that cant pay for food/healthcare
Source: Reuters - 🏆 2. / 97 Read more »

Buffett's Berkshire recovering from pandemic, buys back more stockWarren Buffett's Berkshire Hathaway Inc (BRKa.N) said on Saturday its results are rebounding from the worst effects of the COVID-19 pandemic, and that it has extended its aggressive stock repurchases by buying back $6.6 billion of its own stock. Yes, With her friends can stop 11.000 workers and run money train, 🙈🙉🙊😷😷😷☣️☢️🔥 Buffet's time is over....or can he still manipulate the stocks...intuitively. just wondering.
Source: Reuters - 🏆 2. / 97 Read more »

Buffett is buying back more Berkshire stock this year after record $25 billion repurchase in 2020During the fourth quarter the company bought back around $9 billion of Berkshire shares, bringing the total 2020 repurchase to a record $24.7 billion. thanks Even then he will not outperform SP500. He is done, he is a legend but his time has come. Converting cash to equity, as cash value will be when inflation comes.
Source: CNBC - 🏆 12. / 72 Read more »

Berkshire Hathaway's operating earnings jump, Buffett continues to buy back stockThe latest results arrived as Berkshire's 'B' shares rallied more than 18% in 2021 to reclaim its record high. He is going to face a loss very soon. Fiscal stimulus is working. AmericanRescuePlan Landlord bubble
Source: CNBC - 🏆 12. / 72 Read more »

Berkshire Hathaway returns to quarterly profit on insurance and stock-market gainsWarren Buffett’s Berkshire Hathaway swung to a quarterly profit on stock-market gains and better results from its insurance business. I just moved to your city, who wouldn't mind showing me interesting places?
Source: MarketWatch - 🏆 3. / 97 Read more »