Replies to post #1617 on Berkshire Hathaway Inc (BRK.B)

[bar1080]

Kicking myself for not getting my kids their own chunks of BRK. Not so much for the additional profit involved, but to instill Warren and Charlie's investing mindset more strongly in my sons.

A main goal should be to think like them and certainly not like the local slobbering stock addicts.

[bar1080]

"Berkshire Stake in AmEx Is Poised to Hit_20%. That Could Trigger an Accounting Change and Boost Berkshire’s Earnings."

Berkshire Hathaway‘s longstanding stake in American Express is set to hit the 20% threshold in the coming months. That could prompt an accounting change that would boost Berkshire’s earnings.

Berkshire Hathaway (ticker: BRK.A and BRK.B) holds 151.6 million shares of American Express (AXP) worth $29 billion, its third-largest equity investment behind Apple (AAPL) and Bank of America (BAC).

https://investorshub.advfn.com/secure/post_reply.aspx?message_id=167795897

[bar1080]

Buffett releases his "2022 Annual Letter"

* "Warren Buffett called Apple the second-most important business after Berkshire’s cluster of insurers.

* The “Oracle of Omaha” made clear he is a fan of CEO Tim Cook’s stock repurchase strategy.

* Berkshire’s Apple stake is now worth more than $160 billion, taking up 40% of its equity portfolio.
In this article"

[much more]

https://www.cnbc.com/2022/02/26/warren-buffett-in-annual-letter-calls-apple-one-of-four-giants-driving-the-conglomerates-value.html