His trusted partner, Charlie Munger, echoed the views, too, over the years. âItâs hard to run a bank intelligently,” Munger told an interviewer once. âThereâs a lot of temptation to do dumb things which will make the earnings next quarter go up, but are bad for the long term.” For a duo as unimpressed by…
Asked a question about Berkshire Hathawayâs earnings power over the past financial year by a London-based economics professor at the companyâs annual gathering of shareholders on 3 May, Warren Buffett conjured a soliloquy worthy of a Shakespearean comedy. His voice, as he approaches his 95th birthday on 30 August, sounded croaky. But he replied with…
Warren Buffett, 94, has recently announced that he will step down as the CEO of Berkshire Hathaway at the end of 2025. This will conclude an iconic six decade tenure. The Berkshire board has unanimously voted to appoint Greg Abel, 62, as President and CEO effective January 1, 2026. Buffett will continue to serve as…
Even though the eventual handover was known, Berkshire Hathaway shares fell more than 6% on Monday as its board reportedly voted to name vice-chairman Greg Abel as president and chief executive officer, starting next year after Warren Buffett announced his intention to hand over the baton. Also Read: Mint Quick Edit | Is Warren Buffettâs…
Warren Buffett announced on Saturday that he will step down as CEO of Berkshire Hathaway at the end of 2025. The announcement came as a shock to many, especially as the Oracle of Omaha had previously announced that he had no intention of retiring. Shortly after Buffet’s retirement announcement, Perplexity AI broke down the top…
Warren Buffett-run, Omaha-based investment giant, Berkshire Hathaway’s cash pile hit a record high of $347.7 billion as of the end of the January to March quarter of the calendar year 2025 amid the ongoing tariff uncertainties over international trade, reported the news agency Bloomberg. As per Mint’s earlier report, Berkshire Hathaway’s cash hoard hit $334…
Many Indians find themselves struggling to devise an investment plan and save money efficiently. This is happening in an era of global inflation, economic tariffs and disputes between nations all over the world. This is an era where financial stability is of paramount importance. Now, even after a cultural emphasis on saving and investing, several…
Peter Lynchâs iconic work, âOne Up on Wall Streetâ, provides invaluable ideas and insights for investors aiming to navigate the challenges and complexities of the equity markets. His principles, views and investing vision, though articulated decades ago in 1989, still remain profoundly significant, for both aspirational investors and seasoned professionals. Especially in today’s dynamic equity…
Starting a new job is an exciting milestone for many young professionals. However, alongside the job opportunity come financial responsibilities and challenges that require careful planning. To build a stable financial future, first-time earners must be aware of and avoid common mistakes that could hinder their financial growth. This article explores these common pitfalls and…
The Intelligent Investor, a book crafted by Benjamin Graham in 1949, still holds immense value, 76 years later in 2025. This book has been revered by Warren Buffett along with several other iconic investors worldwide as one of the most influential books on financial markets and investing. First published in 1949, the ideals and principles…
