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GEICO INSURANCE
Berkshire Hathaway’s Greg Abel bought sector that Warren Buffett long avoided in his first year as CEOUnder new CEO Greg Abel, Berkshire Hathaway significantly boosted its tech and airline holdings, tripling its Alphabet stake and buying ove...
Warren Buffett's framework for finding businesses to invest : The ‘Shiftless Nephew test’Warren Buffett once revealed a brutally simple test for separating great businesses from merely good ones: Could you put a lazy, not-too-sm...
Quote of the day by Ajit Jain: ‘Just because you don't find another Ajit…’ – inspiring lessons on leadership, teamwork and why strong companies grow beyond one person at Berkshire HathawayAjit Jain quote shows that strong companies do not depend on one person. Berkshire Hathaway can still grow even without him. His journey fr...
Berkshire Hathaway profit rises despite consumer stress, cash sets recordBerkshire Hathaway reported stronger Q1 operating profit despite economic headwinds impacting consumer businesses. Led by Warren Buffett an...
Berkshire Hathaway cash hits $380 billion as Warren Buffett exits, greg abel faces big decisions on dividends and growthBerkshire Hathaway now has very high cash and a new CEO after Warren Buffett. The company is not investing much and is selling stocks. Expe...
In 1951, Warren Buffett Visited GEICO on a Weekend, That Conversation Established the Foundation for His Value Investing ApproachYoung Warren Buffett visited GEICO in 1951. This weekend trip was not planned but a quest for knowledge. He interviewed Lorimer Davidson. T...
Warren Buffett's Quote of the Day: Legendary investor's brutal truth on about reputation everyone should know. 'It takes 20 years to build a reputation and five...'Quote of the Day by Warren Buffett: Warren Buffett, one of the most successful investors of all time, said in one of his quotes that it tak...
Berkshire Hathaway shares slide after earnings, CEO letterBerkshire Hathaway shares experienced their largest drop since Warren Buffett's CEO succession announcement, as financial results missed an...
Who is Todd Combs? Geico CEO leaves for JPMorgan, sparking buzz: Is Berkshire Hathaway ready for life after Buffett?Todd Combs: Berkshire Hathaway sees major leadership shifts. Todd Combs, investment manager and Geico CEO, is leaving for JPMorgan Chase. N...
Berkshire Hathaway shares set new high following record profitBerkshire Hathaway's shares reached a record high after reporting the highest-ever quarterly profit, driven by improved insurance operation...
How Buffett turned a few calls into 3,787,464%The acquisition sparked Buffett’s love affair with “float.” His biographer Alice Schroeder remarks: “To someone like Buffett, having other ...
Warren Buffett's firm reports $2.7 billion loss on investment dropBerkshire Hathaway reported a quarterly loss Saturday of $2.7 billion, or $1,832 per Class A share. That's down from a $10.3 billion profit...
Buffett’s Berkshire pounces on market slump to buy equitiesBerkshire stepped in as the S&P 500 shed 16% in the latest quarter. The Omaha, Nebraska-based company also reported an operating profit of ...
Berkshire Hathaway posts $43.8 bln loss as stock holdings tumbleBerkshire nevertheless generated nearly $9.3 billion of operating profit, as gains from reinsurance and the BNSF railroad offset fresh loss...
Buffett's Berkshire posts record annual profit, extends but slows buybacksBerkshire also signaled renewed confidence in its own stock, repurchasing $6.9 billion in the quarter, and boosting total buybacks in 2021 ...
Warren Buffett poised to address missed deals with cash pile growingBuffett has found little success deploying Berkshire’s growing pile of cash.
Warren Buffett's annual letter to shareholders: Here's what to watch out forBuffett’s annual letter always spurs questions about succession for the 89-year-old CEO.
Buffett praises Geico's $50 billion man who quietly stepped downIn 2018, Geico’s underwriting profit was $2.4 billion, rebounding from a $310 million loss the previous year.
- Buffet makes modest entry into insurance business in India
Warren Buffett's entry into the Indian insurance market is not happening through a big bang takeover of a company. Rather, Berkshire Hathaw...
- US insurers, consumers clash over credit data
Insurers and other financial services companies are waging what they say is a multibillion-dollar fight as the US Supreme Court assesses co...