#Warren Buffett blames  billion loss on a ‘mistake’

#Warren Buffett blames $11 billion loss on a ‘mistake’

“#Warren Buffett blames $11 billion loss on a ‘mistake’” Even oracles make mistakes. Berkshire Hathaway earned $42.5 billion in 2020, but on Saturday, CEO Warren Buffett admitted the conglomerate’s results for the year included a rare “mistake” — that cost the company $11 billion. The Oracle of Omaha said in his annual letter to shareholders…

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#Warren Buffett reveals big stakes in Verizon, Chevron

#Warren Buffett reveals big stakes in Verizon, Chevron

“#Warren Buffett reveals big stakes in Verizon, Chevron” Warren Buffett’s Berkshire Hathaway on Tuesday announced two major new investments, revealing an $8.6 billion stake in the phone company Verizon Communications and a $4.1 billion stake in oil company Chevron. The investments were disclosed in a regulatory filing detailing Berkshire’s U.S.-listed stock holdings as of Dec….

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#Amazon, JPMorgan, Berkshire shutter Haven health venture

#Amazon, JPMorgan, Berkshire shutter Haven health venture

“#Amazon, JPMorgan, Berkshire shutter Haven health venture” A health care venture conceived by Amazon, Berkshire Hathaway and JPMorgan to attack soaring costs is dissolving. Haven, which was formed in 2018 by the three US corporate giants, will cease operations by the end of February, a company spokeswoman said Monday. She gave no reason for the…

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# ‘Rat poison squared’ Bitcoin passes Warren Buffett’s Berkshire Hathaway by market cap

# ‘Rat poison squared’ Bitcoin passes Warren Buffett’s Berkshire Hathaway by market cap

“# ‘Rat poison squared’ Bitcoin passes Warren Buffett’s Berkshire Hathaway by market cap ” Bitcoin (BTC) has posted its highest transaction volume since early 2018 as data points to more and more investors entering the market. Figures from on-chain analytics resource Digital Assets Data highlights December 2020 as already sparking Bitcoin’s second-largest transaction volumes. BTC…

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