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Buffett’s big bank bet explained using a simple measure of stock market value

“Everyone is concerned about an overvalued stock market” writes Josh Elelson for cnbc.com. It would seem that there is good reason to be reminded of Buffett’s words about interest rates.Some of today’s tech giants would have been good long-term bets regardless, but about many other stocks, Buffett was right.A simple explanation that Warren Buffett once gave for knowing when the market is overvalued doesn’t present a full-throated endorsement of market bargains being plentiful right now.You don’t reach a full decade of a bull run without asking the reasonable question about…

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Nevadans side with Buffett’s Berkshire in energy spat with Adelson

“Since Berkshire acquired it in 2013, NV Energy has made investments in solar power, in addition to coal and natural gas sources” writes Midwest Communications Inc for 95kqds.com. Hotel-casinos like Sands’ Venetian, whose lights glitter in Las Vegas, are major power customers in the state.The energy company previously said the measure could “dismantle an electricity system that already provides low costs.”.  Source: 95kqds.com Share This:

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Buffett’s Berkshire doubles profit, repurchases $900 million stock in third quarter

“Helping the company’s massive insurance operations were lower estimated liabilities from property and casualty insurance in prior years and lower taxes” writes Midwest Communications Inc for 95kqds.com. After relaxing a policy that had effectively prevented Buffett from buying back the company’s shares at current prices, Berkshire said it bought $928 million of its own shares in the third quarter. Source: 95kqds.com Share This:

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Berkshire Hathaway in talks to buy stake in India’s Paytm: Economic Times

“Berkshire’s investment could be clinched in the coming weeks, valuing Paytm at over $10 billion, the paper said” writes Midwest Communications Inc for 95kqds.com. One of Berkshire’s key fund managers, Todd Combs, who is also seen as a potential chief investment officer at the company, is leading the transaction, the newspaper reported. Source: 95kqds.com Share This:

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Warren Buffett’s firm adds to Apple, Teva investments

“Berkshire held nearly 252 million Apple shares at the end of June, up from 239.57 million in March” writes The Associated Press for seattletimes.com. Besides investments, Berkshire owns more than 90 companies, including insurance, retail, manufacturing, railroad and candy companies.OMAHA, Neb. (AP) — Investor Warren Buffett’s company added to its stakes in Apple and Israeli drugmaker Teva Pharmaceuticals in the second quarter while tweaking several of its other stock investments.The Teva investment was just disclosed earlier this year and has grown to 43.2 million shares from 40.5 million in the…

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Berkshire boosts Goldman stake, confirms Apple purchase

“The changes were disclosed in a regulatory filing detailing Berkshire’s U.S.-listed stock holdings as of June 30” writes Midwest Communications Inc for 95kqds.com. Berkshire said it owned roughly 13.3 million Goldman shares worth $2.92 billion, a 21 percent increase in the number of shares over the 11 million it owned three months earlier. It also said it owned close to $47 billion of Apple stock, comprising about 252 million shares, up 5 percent from 239.6 million at the end of March. Source: 95kqds.com Share This:

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Why Warren Buffett’s record-breaking cash stockpile should have investors very worried

“But it also means Berkshire Hathaway has set a record of its own: It now has the biggest cash balance in the firm’s storied history” writes Finanzen Net Gmbh for businessinsider.com. Mould points out — and indicates in the chart above — that Berkshire Hathaway’s cash balance has been an effective proxy for market levels over history. Source: businessinsider.com Share This:

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Warren Buffett’s growing cash pile and the big read-in for investors

“The latest results from Berkshire Hathaway Inc. show that the Oracle of Omaha has plenty of cash sloshing around” writes Markets Reporter for marketwatch.com. Also read: Warren Buffett’s favorite metric suggests some serious pain awaits investors Berkshire’s growing mound of money comes as the stock market is just three weeks away from making history as the longest bull market on record.He noted that Berkshire Hathaway’s cash pile grew in 1998-99, just ahead of the bursting of a tech-stock bubble, then again in 2005 to 2007, as markets again became frothy.As…

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Why investors should take note of Warren Buffett’s mounting hoard of cash

“The latest results from Berkshire Hathaway Inc. show that the Oracle of Omaha has plenty of cash sloshing around” writes Markets Reporter for marketwatch.com. Also read: Warren Buffett’s favorite metric suggests some serious pain awaits investors Berkshire’s growing mound of money comes as the stock market is just three weeks away from making history as the longest bull market on record.He noted that Berkshire Hathaway’s cash pile grew in 1998-99, just ahead of the bursting of a tech-stock bubble, then again in 2005 to 2007, as markets again became frothy.As…

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