Thursday, 24 May, 2018

Billionaire Warren Buffett Calls Bitcoin 'Rat Poison Squared'

Why Elon Musk and Warren Buffett Are Suddenly Trolling Each Other Over See's Candies Elon Musk Proposes Building A Cyborg Dragon And The Internet Is In A Frenzy
Cristina Norman | 07 May, 2018, 15:04

"I'm delighted to see them repurchasing shares".

Warren Buffett and his business partner, Charles Munger, answered questions from analysts, journalists and shareholders in the audience of Berkshire Hathaway Inc's annual meeting in Omaha, Nebraska.

"If you don't understand it, you get much more excited", Buffett said on CNBC television.

"They are not going to find $50 billion or $100 billion acquisitions that they can make at remotely a sensible price", ReCode quoted Buffett as saying at the company's annual meeting held at Omaha city in the U.S. state of Nebraska.

Buffett's initial commitment to Apple surprised many given his usual aversion to companies in the technology sector, but the billionaire views Apple more as a consumer products company.

On Thursday, the 87-year-old revealed he had bought 75 million shares in the iPhone maker on top of the 165.3 million Berkshire Hathaway owned at the end of last year.

Even after the Apple investment, Berkshire's holdings of cash and equivalents was $108.6 billion (roughly Rs. 7.25 lakh crores), the company has said.

The figure make the holding company Apple's third-largest shareholder, behind Vanguard Group and BlackRock.

"We have a lot of common interests, and like any two big economic entities, there are times when there'll be tensions, but it is a win-win situation when the world trades", the investor said. The comments were first reported by Reuters.

However, the "Oracle of Omaha" told investors investing Berkshire's cash stockpile-which now amounts to around $108 billion-was a challenge.

Recommended

Chelsea Boss Responds To Links With Man Utd Attacker Chelsea Boss Responds To Links With Man Utd Attacker Brazilian Willian has always been admired by Mourinho who signed the player on his return to Stamford Bridge in 2013. Mourinho has given Martial the green light to join Juventus this summer.

Stop Threatening American Carriers, Citizens Stop Threatening American Carriers, Citizens The US and China are competing against each other, and Taiwan could easily become the US' chess piece, the lawmaker said. Those airlines included American carriers, and the White House response on Saturday was swift, reports Reuters .

Instagram to Soon Allow Direct Shopping and Payments Inside the App Instagram to Soon Allow Direct Shopping and Payments Inside the App After all, Instagram and Facebook do heavily rely on the feature and it makes sense that it caters to a wider audience as well. Till now, brands used to promote products where users can click on the items and can make a purchase on the brand's website.

Cleveland Indians at New York Yankees Free Pick 05/05/18 Cleveland Indians at New York Yankees Free Pick 05/05/18 Two batters later, Aaron Judge rocked a solo shot over over the wall down the left-field line, his eighth blast of the season. Torres is the second Yankee since 1999 to hit a three-run HR for his first career homer (also Colin Curtis on 7/21/10 vs.

Fire kites become weapons on Gaza border Fire kites become weapons on Gaza border The use of live ammunition by Israel's army has been condemned by the worldwide community and human rights activists. The weekly protest killed at least 4 unarmed Palestinians and injured up to 950.

Gov. Reynolds signs 6-week abortion ban into law Gov. Reynolds signs 6-week abortion ban into law MS enacted a law earlier this year banning abortions after 15 weeks of pregnancy, but it's on hold after a court challenge. Any challenges to the law would likely consider if it violates U.S.

US Judge Says Mueller Prosecutes Manafort Only to Get to Trump US Judge Says Mueller Prosecutes Manafort Only to Get to Trump Manafort when it had referred allegations about the president's personal lawyer, Michael D. But he questioned why the special counsel's team had pursued the charges against Mr.

Trump to host South Korea's Moon for May 22 talks: White House Trump to host South Korea's Moon for May 22 talks: White House According to the Yonhap news agency, the incident occurred in the town of Paju near the border with North Korea. In contrast, I predict, the North will suggest a slower approach and extend the discussion to American weapons.

$0.30 EPS Expected for Activision Blizzard, Inc. (ATVI) Rbo & Co Llc increased its stake in Dominion Energy (D) by 7.85% based on its latest 2017Q4 regulatory filing with the SEC. At a certain point in the past four quarters, the shares traded as low as $27.36 but made a 3.51% recovery since then.

Herbo Believes Kanye West Is A "Traitor" Herbo Believes Kanye West Is A While he stressed how important West was to his brand, Rørsted also added that "there clearly are some comments we don't support". Adidas CEO Kasper Rørsted was confronted with West's comments during an interview on Bloomberg TV .

Twitter warns all users should change passwords after security bug uncovered Twitter warns all users should change passwords after security bug uncovered If your Twitter password is the same on another internet account , consider changing that password , too. It's best to use a strong password that the user isn't already using on other websites.

Cambridge Analytica shuts down, calls Facebook controversy 'unfounded' Cambridge Analytica shuts down, calls Facebook controversy 'unfounded' Cambridge Analytica sought information on Facebook to build psychological profiles on a large portion of the US electorate. The company at the centre of Facebook Inc.'s recent privacy scandal is shutting down.

Red Sox are finally digging the long ball again Red Sox are finally digging the long ball again Fernando Romero won his major league debut by scattering four hits over 5 2/3 innings of the Twins' 4-0 shutout of the Blue Jays. CLEVELAND - Edwin Encarnacion homered three times and drove in six runs, helping the Indians to the runaway win.

Tiger will use new irons at Wells Fargo this week Tiger will use new irons at Wells Fargo this week Only four courses - Pebble Beach, Torrey Pines, Riviera and Pinehurst No. 2 - have held majors and tour events in the same year. We saw them roll out contests for the Match Play event a month ago, so maybe they will take on the Zurich Classic next season.

Indian unicorn Flipkart's board approves $15 billion deal with Walmart Indian unicorn Flipkart's board approves $15 billion deal with Walmart The partnership of Flipkart co-founders Sachin Bansal and Binny Bansal is the stuff of modern Indian business legend. The Walmart-Flipkart negotiations have been reported by Mint and other publications for several months now.