Warren Buffett on Saturday said Berkshire Hathaway has been increasing its stake in Activision Blizzard in a merger arbitrage play, betting that Microsoft's...

Business

Warren Buffett gives his most expansive explanation for why he doesn’t believe in bitcoin

borisovnews - April 30, 2022

Bitcoin has steadily been gaining acceptance from the traditional finance and investment world in recent years but Warren Buffett is sticking to his...

Business

Charlie Munger says the Robinhood trading app is justly ‘unraveling’ for ‘disgusting’ practices

borisovnews - April 30, 2022

Berkshire Hathaway Vice Chairman Charlie Munger blasted stock trading app Robinhood on Saturday, saying the company is now "unraveling.""It's so easy to overdo...

Business

Warren Buffett rips Wall Street for turning the stock market into ‘a gambling parlor’

borisovnews - April 30, 2022

Berkshire Hathaway CEO Warren Buffett lambasted Wall Street for encouraging speculative behavior in the stock market, effectively turning it into a "gambling parlor."Buffett,...

Business

From Dairy Queen to Brooks Running, Berkshire Hathaway’s businesses seeing an impact from inflation

borisovnews - April 30, 2022

Inflation has been one of the hot topics for markets this year, and rising prices are impacting portfolio companies for Berkshire Hathaway in...

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A Massachusetts bill could allow prisoners to swap their organs for their freedom

Australian researchers develop AI-based benchmark for measuring Alzheimer’s progression