The billionaire and CEO of Berkshire Hathaway highlighted a $29 billion tax gain for his company, bemoaned a lack of good deals and reminded his readers that owning stocks through low-priced index funds was the best way to build wealth over time.
Buffett also lamented his inability to find big companies to buy, and said his goal was to make "one or more huge acquisitions" of non-insurance businesses to bolster results.
NRA CEO Gives First Speech Since Florida School Shooting
LaPierre vocally opposes universal background checks, a ban on assault weapons, and any restrictions on semi-automatic weapons. Still, President Trump remained confident Thursday the NRA would support his call for raising the assault-weapons age limit.
'Antonio Conte will remain at Chelsea next season'
As well as the USA and England, he's also eligible to represent the Republic of Ireland or Italy, so we'll see how that plays out. But Conte believes it would be unsafe for Chelsea to focus exclusively on stopping Messi, who has never scored against the Blues.
So Berkshire held almost $116 billion in cash and short-term bonds at year end.
"P$3 rices for decent, but far from spectacular, businesses hit an all-time high" past year, he wrote.
Abel and Tracy Cool, chief executive of Berkshire's unit, Pampered Chef, are the other Berkshire representatives on Kraft's board.
Wells Fargo and Apple were at the top of the list. And who will eventually replace the "Oracle of Omaha" as CEO at Berkshire - a conglomerate he has run since 1965 and that owns scores of businesses ranging from battery-maker Duracell to ice cream retailer Dairy Queen to auto-insurer Geico - is of great importance to investors.
The lower tax rate also contributed to a 23 percent full-year boost in Berkshire's book value, which measures assets minus liabilities and Buffett considers a good indicator of Berkshire's net worth, to $211,750 per Class A share.
Treasury yields have been rising since the start of the year, stemming from brewing inflationary pressures and massive bond supply to help fund US President Donald Trump's tax overhaul.
Kraft Heinz Co said on Friday billionaire investor Warren Buffett has chose to retire from the company's board following the end of his term in April to reduce travel commitments. That ended past year, and Buffett - who bet slow, steady gains by the S^and^P 500 would beat out hedge funds over the decade - won with flying colors.
Warren Buffett says the Trump tax cuts passed late a year ago were a huge win for him and his company, Berkshire Hathaway (BRK-A, BRK-B).
It's as if someone opened the freezer door in North America's kitchen, and let all the cold air drain out toward the midlatitudes. Its forecast added snow showers will continue in the east and southeast on Sunday before becoming "more widespread on Monday".
Flash Flood Watch in effect for the NW half of the area through Wednesday night. - Get out of areas subject to flooding. After an isolated shower on Tuesday , the next round of rain will bring another quarter inch on Wednesday .
Van der Zwaan worked in the London office of worldwide law office Skadden, Arps, Slate Meagher and Flom for 10 years. New charging documents against former Trump campaign chairman Paul Manafort were filed Wednesday.
Addressing the forum, Kuwaiti Emir Sheikh Sabah al-Ahmad Al Sabah pledged $2 billion towards the reconstruction of Iraq. Saudi Foreign Minister Adel al-Jubeir made the pledge at a donor's conference at Bayan Palace in Kuwait City.
The Walt Disney World Resort announced today that its new Toy Story Land will open on June 30 at Disney's Hollywood Studios . Visitors to Toy Story Land, at Disney's Hollywood Studios, will feel as though they are setting foot in Andy's garden.
Total ice accumulations from this storm may be between 0.1 and 0.2 of an inch in areas north of Dane County. Some roads may have ice in Garfield County Tuesday morning, emergency management officials in Enid report.
He also said former police commissioner Bheki Cele must replace Police Minister Fikile Mbalula in the new cabinet. The Daily Vox spoke to young people to find out if they cared enough to follow state of the nation addresses .
Comeback man Tiger Woods believes he can win a PGA title
He was not the only one finding trouble in the Bear Trap - holes 15 through 17 - as 72 balls landed in water in round two. The Golf Channel analyst accused Woods of so many wrongs, including committing "self-mutilation" with his technique.
When is the Fortnite season 3 Battle Pass release date?
Season 3 runs from February 22 to April 30 so players will have plenty of time to get this next Season Pass completed. The SMG has become the first weapon to be moved into the vault, meaning it is no longer available to use in the game.
Amazon Offering Cash Back to Customers Who Shop at Whole Foods
The card now earns 5% back on Whole Foods purchases, the first time it has extended a rate this high on purchases beyond Amazon. Amazon is leaving no stone unturned to rake in more Prime members, and channel those towards Whole Foods and vice versa.