Steve Jobs before his death spoke with Warren Buffett about what to do with Apple’s extra cash on hand, but didn’t take his advice. Buffett suggested that Jobs buy back Apple stock but Jobs “just liked having the cash.
The legendary investor is still making money at 94 and has advice for those looking to future-proof their finances.
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.
Warren Buffett's Berkshire Hathaway nearly doubled its cash pile to $334 billion, sold a net $134 billion of stocks, and paid $26.8 billion to the IRS.
Apple has announced a $500 billion investment in the U.S. over the next four years. The company also said it will hire 20,000 additional workers in the U.S. CBS MoneyWatch Correspondent Kelly O'Grady reports.
The great majority of your money remains in equities,” Buffett wrote in his highly-anticipated annual letter. “That preference won’t change.”
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) submitted its Form 13F for the fourth quarter. That document detailed several changes to its portfolio, including the fact that Berkshire sold its stake in the Vanguard S&P 500 ETF (NYSEMKT: VOO).
Hawaii public schools have been serving banana sheet pancakes for breakfast, made with locally grown apple bananas as part of the state’s ongoing farm-to-school program.
Berkshire Hathaway chairman and CEO Warren Buffett's annual letter to shareholders touted the company's record tax payments and urged the federal government to spend the money wisely.
In a wistful annual letter to Berkshire Hathaway shareholders, Warren Buffett said 'it won't be long' before he's succeeded as CEO by Greg Abel.