It’s understandable if you failed to notice one meaty if unglamorous trend on Wall Street: Private equity’s love affair with franchising.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Berkshire Hathaway sold $36.1 billion of stock in the third quarter, including several billion dollars of Apple and Bank of America stock.
Berkshire Hathaway slashed its stake in Apple by nearly 40%, helping grow the Omaha company’s cash pile to more than $270 billion.
The market appeared yawn-inducing at the broad index level, but there was a flurry of activity under the hood.
Berkshire Hathaway’s legendary investor admitted that he doesn’t have any idea how to put $189 billion of cash to effective use.
The Oracle of Omaha warned investors to not expect “eye-popping” performance in the coming years.
Occidental Petroleum, the oil giant in Berkshire Hathaway’s portfolio, announced it is acquiring CrownRock in a deal worth $12 billion.
Berkshire Hathaway’s third-quarter earnings report on Saturday revealed how Warren Buffett weathered the past three months.
The SEC charged the asset manager with misleading clients over changes to its retirement funds, leading to higher tax bills for investors.
Adoption of the cryptocurrency has outpaced other transformative technologies like the internet and mobile phones.
The chief growth officer is at the forefront of preparing RIAs to grow their businesses and train advisors for the future.