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Warren Buffett prefers stocks over cash and other takeaways from his annual letter to Berkshire shareholders
Warren Buffett, in his annual letter to shareholders, defends Berkshire’s cash pile but says the company will always prefer equities when they’re attractive.
Berkshire Operating Earnings Rose 71% to $14.5 Billion in Fourth Quarter
Berkshire’s buybacks are made at the discretion of CEO Warren Buffett based on how cheap the shares are relative to his assessment of their intrinsic value.
How to save $1 million: Use your Health Savings Account
The dream of scraping together $1 million in a health savings account by retirement might sound pie in the sky, but it’s not impossible. If you start early, contribute the maximum pretax contribution
2 Virginia police officers 'killed in the line of duty' during traffic stop
Two police officers in Virginia were fatally shot following a traffic stop Friday night, officials said. The traffic stop was initiated at about 11:30 p.m. in Virginia Beach, according to Jody
Warren Buffett Defends His Growing Cash Pile
The legendary investor wrote in Saturday’s annual letter that Berkshire Hathaway will never prefer cash over “good businesses.”
Popular retailer sells struggling brand for head-turning price
Top retailer selling popular label. But trends come and go, too. Sometimes, shoppers simply decide they like a given brand less, or they return to old favorites. Such is the case
3 numbers that show how dramatic Walmart's transformation has been with Amazon nipping at its heels
While investors weren't too thrilled when Walmart reported a conservative outlook during its fourth-quarter earnings this week, the company shared three key numbers that underscore just how much the
Jean Chatzky has blunt words on the 50/30/20 budget rule
Senator Elizabeth Warren of Massachusetts introduced the 50/30/20 rule. She shared the concept in her book All Your Worth: The Ultimate Lifetime Money Plan, and ever since, the 50/30/20 rule has been
A simple formula for becoming a millionaire: Money Talks
One of the personal finance podcasts I began listening to at the start of my financial transformation is one you might know. It was the Money Guy Show, with hosts Brian Preston and Bo Hanson. They
How Walmart sent a chill through Wall Street
Wall Street eased from record highs after Walmart forecasted slower sales, and saw its stock drop. The outlook raised concerns about consumer spending and economic growth, while investors also
Warren Buffett celebrates Berkshire Hathaway's success over 60 years as CEO while admitting mistakes
In his annual letter to shareholders Saturday, Warren Buffett celebrated the successes of Berkshire Hathaway's companies last year and in the 60 years since he took over a struggling New England
Warren Buffett hails Berkshire Hathaway's record $26.8 billion tax payment and tells the government to 'spend it wisely'
Warren Buffett said in his letter that his company's record tax payment should be used to "take care of the many who ... get the short straws in life."
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