Berkshire "berappeln" sich
Buffett reaps $1 billion profit on Chinese carmaker
On Friday July 31, 2009, 11:38 am EDT
Buzz up! 4 Print
Companies:Berkshire Hathaway Inc.Goldman Sachs Group Inc.Lehman Brothers Holdings Inc.
By Jonathan Stempel
Reuters - Billionaire investor Warren Buffett, chief executive officer of Berkshire Hathaway, smiles as he meets hedge fund manager Zhao ...
Related Quotes
Symbol Price Change
BRK-A 97,000.00 +205.00
GS 163.30 +0.88
LEHMQ.PK 0.0381 +0.0001
{"s" : "brk-a,gs,lehmq.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc (NYSE:BRK-A - News; NYSE:BRK-B - News) has realized a $1.02 billion paper profit on a 10-month-old investment in BYD Co (HKSE:1211.HK - News) after shares in the Chinese car and battery maker quintupled.
Berkshire's MidAmerican Energy Holdings Co unit had agreed last September 26 to buy 225 million BYD shares at HK$8 each, a transaction then worth about $230 million.
The China Securities Regulatory Commission on Thursday granted approval for the transaction, which gives Berkshire a 9.89 percent stake. BYD shares closed Friday at HK$42.90, valuing Berkshire's stake at HK$9.65 billion, or about $1.25 billion.
Hong Kong's benchmark Hang Seng index (HKSE:^HSI - News) is up 10 percent since Berkshire revealed the BYD investment.
Berkshire agreed to the stake three days after deciding to buy $5 billion of Goldman Sachs Group Inc (NYSE:GS - News) preferred shares, despite the then-pervasive market turmoil after Lehman Brothers Holdings Inc's (Other OTC:LEHMQ.PK - News) bankruptcy.
Warrants attached to the Goldman investment have since generated a $2 billion paper profit for Berkshire.
"Buffett has grown more comfortable investing in foreign companies in recent years," said Andy Kern, who writes the blog Berkshire Ruminations and is a doctoral candidate at the University of Missouri-Columbia.
"Domestically, Buffett is taking advantage of Berkshire's solid capital position," he added, "while internationally, it's more that Buffett is simply finding bargains."
Other non-U.S. investments by Berkshire include the reinsurer Swiss Re (VTX:RUKN.VX - News) and the South Korean steelmaker Posco (005490.KS).
Earlier this decade, Berkshire made a few billion dollars on what had been a $488 million investment in Chinese oil company PetroChina Co (Shanghai:601857.SS - News).
Buffett is the world's second-richest person, after Microsoft Corp (NasdaqGS:MSFT - News) co-founder and Berkshire director Bill Gates, according to Forbes magazine.
Founded in Shenzhen in 1995 as a maker of rechargeable batteries, BYD expanded into mobile phones and automobiles.
It expects to sell 400,000 vehicles this year, and targets the sale of as many as 9 million by 2025, according to Henry Li, general manager of BYD Auto's export arm.
BYD Auto launched its first plug-in hybrid vehicle, the F3 DM sedan, last December.
Berkshire, based in Omaha, Nebraska, is a roughly $150 billion conglomerate that has close to 80 businesses selling such things as car insurance, ice cream and underwear, and which invests in dozens of companies.
Analysts on average expect Berkshire on August 7 to report a decline in second-quarter operating profit. Net income and Berkshire's book value may grow if rising stock markets boost the value of Berkshire's derivatives contracts.
Berkshire Class A shares were up $305 at $97,100 in morning trading on the New York Stock Exchange.
(US$1 = HK$7.75)
(Additional reporting by James Pomfret and Joanne Chiu in Shenzhen; Editing by Steve Orlofsky)
Many people don't really know exactly what business Berkshire Hathaway is in. Well, know that it often focuses on insurance, energy, and transportation. It also encompasses many businesses owned outright, such as GEICO, Benjamin Moore, Brooks, Duracell, Forest River, Fruit of the Loom, International Dairy Queen, Justin Brands, McLane, Pampered Chef, Pilot Travel Centers, See's Candies, and the entire BNSF railroad -- among dozens of others.
Berkshire owns stock in many companies, too
Not only does Berkshire Hathaway own lots of entire businesses, it's also invested in dozens more, by owning shares of stock. For example, it recently owned 2% of Apple (a position worth $75 billion!), 35.4% of Sirius XM, 28.2% of Occidental Petroleum, 21.6% of American Express, 9.3% of Coca-Cola, 8.9% of Bank of America, 6.9% of Kroger, and 6.7% of Chevron.
https://finance.yahoo.com/news/...know-warren-buffetts-123200775.html
April 27, 2025
This is an amazing talk between Professor Jeffrey Sachs and former finance minister of Greece, Yanis Varoufakis. In this video, Professor Sachs explains in detail why the United States of America is going to lose the Trade War with China. Trump's tariffs are not going to work on China and more importantly, the US dollar's exorbitant privilege is going to diminish too. Watch the video now.
https://www.youtube.com/watch?v=c19Ws-GBNBk
May 04, 2025
Berkshire Hathaway Chairman and CEO Warren Buffett presides over the 2025 Berkshire Hathaway annual meeting.
https://www.youtube.com/watch?v=or0rgxnkOfE
https://www.youtube.com/watch?v=Zdjll_8rMUQ
OMAHA (dpa-AFX) - Der legendäre US-Investor Warren Buffett will nach mehr als einem halben Jahrhundert die Führung seiner Holding Berkshire Hathaway abgeben. Er werde dem Verwaltungsrat vorschlagen, zum Jahresende seinen designierten Nachfolger Greg Abel auf den Spitzenposten zu heben, sagte der 94-Jährige auf der Aktionärsversammlung von Berkshire. "Die Zeit ist gekommen." Er wolle danach weiter als Berater zur Seite stehen, aber die Entscheidungen werde Abel treffen, betonte Buffett. Ins Büro werde er aber vermutlich trotzdem gehen, sagte er dem Sender CNBC.
https://www.ariva.de/news/...ill-mit-94-nicht-mehr-chef-sein-11622021
https://www.finanznachrichten.de/nachrichten-medien/sharedeals-de.htm
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Wertpapier: Berkshire Hathaway Inc |
Greg Abel als neuer CEO ist der Wunschkandidat von Buffett. Nachfolgende Worte stammen aus dem Shareholder Letter des Jahres 2018 (23.02.2019), was zeigt, mit welchem Weitblick Buffett und damals auch Munger die Übergabe vorbereitet haben:
"Before moving on, I want to give you some good news – really good news – that is not reflected in our financial statements. It concerns the management changes we made in early 2018, when Ajit Jain was put in charge of all insurance activities and Greg Abel was given authority over all other operations. These moves were overdue. Berkshire is now far better managed than when I alone was supervising operations. Ajit and Greg have rare talents, and Berkshire blood flows through their veins."
Was ist, wenn Buffett eines Tages stirbt?
Ich spekuliere jetzt, könnte also komplett falschliegen. ABER: wenn
Buffett eines Tages der Tod ereilt, werden meines Erachtens drei Dinge passieren.
• Der Berkshire-Kurs gibt kurzfristig deutlich nach, vielleicht um fünf oder acht Prozent. Denn manche Aktionäre werden nervös, verkaufen.
• Am nächsten Tag wird Buffetts Nachfolger als Berkshire-Chef berufen. Der steht längst fest: Greg Abel, 61, gebürtiger Kanadier. O-Ton Buffett am Wochenende: „Greg Abel ist in jeder Hinsicht qualifiziert, morgen CEO von Berkshire zu sein.“
• Am Wichtigsten: Berkshire verkündet, ab sofort eine Dividende zu zahlen, viermal im Jahr (wie in Amerika üblich), mit der Ansage, sie künftig Jahr für Jahr zu erhöhen. Bislang hat Berkshire Gewinne nämlich nie ausgeschüttet, sondern im Unternehmen behalten, klug investiert. Daraufhin steigt der Kurs rasant.
Auch ohne Buffett wird Berkshire ein extrem erfolgreiches Unternehmen bleiben – und auf Jahrzehnte hinaus Geld verdienen. Zum Wohl der Aktionäre und deren
Geld.
"Berkshire shareholders during the same 1965-2024 period received only one cash dividend. On January 3, 1967, we disbursed our sole payment – $101,755 or 10¢ per A share. (I can’t remember why I suggested this action to Berkshire’s board of directors. Now it seems like a bad dream.)"
Insofern wäre es eine 180-Grad-Wende, wenn Greg Abel plötzlich ausschüttet. Ich halte es für unwahrscheinlich und fühle mich auch ohne Dividende bei Berkshire gut aufgehoben.
Du kannst natürlich auch sagen ich hätte sie Anfang 2024 (als der Artikel rauskam) kaufen sollen. Da wär sie NOCH günstiger gewesen. Tja, nur hatte ich da die Kohle nicht flüssig und hatte auch gerade meine Glaskugel befragt. ;-)
06 May, 2025
Warren Buffett’s latest insights at the Berkshire Hathaway meeting reinforced everything I’ve been saying: market volatility isn’t a reason to panic—it’s an opportunity. While he announced he’s stepping down as CEO at the end of the year, what really stood out to me was his calm dismissal of the recent bear market as “nothing.” If you’re rattled by short-term drops, it’s likely you’re either emotionally unprepared or haven’t been in the market long enough to see real corrections. I’ve been there too, but over time, I’ve learned that fundamentals—not price swings—are what matter. That’s why I keep focusing on principle-driven investing: understanding whether a stock’s price drop reflects actual problems or just market overreaction. And it’s why I block my account balance when I log in—so emotions don’t cloud my judgment. Investing isn’t about hoping someone else will pay more tomorrow; it’s about buying great companies whose fundamentals improve over time. If you’re ready to deepen that mindset—and even explore how to generate extra retirement income through covered calls—join me on May 15th to learn more about our Retirement Accelerator strategy.
https://www.youtube.com/watch?v=DqzpoYLSowg