Warren Buffett, Berkshire Hathaway
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Maybe you thought Berkshire Hathaway was out? Not yet originally appeared on TheStreet. On May 2, the day before Warren Buffett said he would retire at the end of 2025, Berkshire Hathaway shares hit a record. Two 52-week highs, actually: And then the stocks tumbled, about 14.5% for each class, just about every day until early August.
Buffett’s upcoming retirement has weighed down Berkshire's stock performance. However, the company's core businesses are healthy, and Buffett's successor has plenty of experience. Its business is built to keep growing for decades to come.
Berkshire Hathaway’s portfolio added six new stocks, including the three new secret stocks. Warren Buffett was a net seller of stocks for the eleventh straight quarter.
Berkshire Hathaway increased its Chevron stake in Q2 while trimming other top holdings, signaling strong institutional confidence. Learn more on CVX stock here.
The Investment Committee discuss the latest Calls of the Day. Republicans Pull 'Deport Depot' Merch After Home Depot Complains ‘Quiet cracking’ is spreading in offices: Half of workers are at breaking point, and it’s costing companies $438 billion in productivity loss
Berkshire Hathaway's stock price has been crumbling of late, even as the S&P 500 index has been soaring to new highs. Longtime CEO Warren Buffett is stepping down in a matter of months. Investors buying Berkshire Hathaway stock today are stepping in ahead of what is likely to be the most watched CEO transition in modern history.
Reinsurance giant Swiss Re has taken over from Munich Re at the top of AM Best’s ranking of the world’s largest reinsurers for companies that report under