in ,

Warren Buffett Just Bet Big! RECORD LEVEL Stock Repurchases as Markets Near Highest Ever

WARREN BUFFETT JUST SPENT $19 BILLION

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

source

The [investing] world has ignored Warren Buffett for his lack of mega purchases throughout 2020 and even beforehand. There is a desire to always buy more, no matter what the conditions are. Buffett’s philosophy is one of patience. Only buy a stock when it makes sense [and] for the most part, Charlie and Warren didn’t put that much capital to work. Their cash pile grew and they were simply waiting. But just recently, they accelerated purchases. Interestingly, their biggest purchase wasn’t Amazon or Apple, it was much closer to home.

 

Warren Buffett’s Berkshire Hathaway swings back into action, spending a net $4.8 billion on stocks and a record $9 billion on buybacks in the 3rd quarter | Markets Insider

Warren Buffett’s Berkshire Hathaway swings back into action, spending a net $4.8 billion on stocks and a record $9 billion on buybacks in the 3rd quarter

The famed investor’s company dipped into its $147 billion cash pile as it struck a flurry of deals last quarter.

Warren Buffett, Berkshire Hathaway 3Q Earnings Results Released – Bloomberg

https://www.bloomberg.com/news/articles/2020-11-07/berkshire-buys-back-another-9-billion-of-stock-in-record-year

Berkshire Repurchases A Record $9 Billion In Stock In Third Quarter | Zero Hedge

Zerohedge

ZeroHedge – On a long enough timeline, the survival rate for everyone drops to zero

berkshire cash q3 2020.jpg (908×574)

No Title

No Description

Warren Buffett, Berkshire Hathaway 3Q Earnings Results Released – Bloomberg

https://www.bloomberg.com/news/articles/2020-11-07/berkshire-buys-back-another-9-billion-of-stock-in-record-year?srnd=premium-canada

inequality-GDP8-20a.jpg (550×374)

No Title

No Description

Lumber Sellers Rake in Record Profits on Home Renovation Binge – Bloomberg

https://www.bloomberg.com/news/articles/2020-11-06/lumber-sellers-rake-in-record-profits-on-home-renovation-binge?srnd=premium-canada

The Rescues Ruining Capitalism – WSJ

https://www.wsj.com/articles/the-rescues-ruining-capitalism-11595603720?mod=hp_featst_pos4

Prospering in the Pandemic, Some Feel Financial Guilt and Gratitude – WSJ

https://www.wsj.com/articles/prospering-in-the-pandemic-some-feel-financial-guilt-and-gratitude-11604757600

Air Charter Service Unveils ‘Weddings in the Sky’ Package | TravelPulse

https://www.travelpulse.com/news/airlines/air-charter-service-unveils-weddings-in-the-sky-package.html

People’s Daily, China on Twitter:

“A smart garbage sorting robot was launched in Hangzhou, E China’s Zhejiang. Supported by visual learning and navigational positioning techs, the robot can work for 8hrs straight, pick up and sort 17.5kg of garbage with an identification accuracy rate of 98% on recyclable trash. https://t.co/SwGiI4Imnb” / Twitter

People’s Daily, China on Twitter: “A smart garbage sorting robot was launched in Hangzhou, E China’s Zhejiang. Supported by visual learning and navigational positioning techs, the robot can work for 8hrs straight, pick up and sort 17.5kg of garbage with an identification accuracy rate of 98% on recyclable trash. pic.twitter.com/SwGiI4Imnb / Twitter”

A smart garbage sorting robot was launched in Hangzhou, E China’s Zhejiang. Supported by visual learning and navigational positioning techs, the robot can work for 8hrs straight, pick up and sort 17.5kg of garbage with an identification accuracy rate of 98% on recyclable trash. pic.twitter.com/SwGiI4Imnb


Warren Buffett is the Oracle of Omaha they say. Billions sitting on the sidelines, just waiting to invest. Well his biggest investment just came last quarter and here it is: Berkshire Hathaway. Instead of buying shares of other companies, Buffett and Munger decided to buy their own shares and simply push up the price that way. Sitting on $140 billion+ in cash and you don’t see much to invest in. That should be very telling…


HOW TO MAKE MONEY ON AMAZON – FREE eCOURSE:  http://TheAmazonGPS.com


LOOK THROUGH MY BOOKS! http://books.themoneygps.com

SUPPORT MY WORK: https://www.patreon.com/themoneygps

PAYPAL: https://goo.gl/L6VQg9

OTHER: http://themoneygps.com/donate


AUDIOBOOK: http://themoneygps.com/store

T-SHIRTS: http://merch.themoneygps.com

MY FAVORITE BOOKS: http://themoneygps.com/books


Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2020


PLAYLISTS

The Money GPS – How To and Solutions

The Money GPS Easy eCourse


The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.

#money #warrenbuffett #invest

 

Twitter          Instagram          Facebook


# T h e  M o n e y  G P S

Report

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

What do you think?

Subscribe
Notify of
guest
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Understanding the Political Scenario of INDIA,CANADA,JAPAN,CHINA,USA, FRANCE etc

Why Thomas Sowell Voted for Trump