Now that markets have dropped, what’s Buffett’s next move?
in Bank of New York Mellon shares; it has yet to report the full extent of buying and selling activity for the quarter.of value in its stock portfolio since mid-February.that the Oracle of Omaha is being “fairly conservative” with his investments in the current market: “Nobody in America’s ever seen anything else like this,” Munger said. “This thing is different. Everybody talks as if they know what’s going to happen, and nobody knows what’s going to happen.
Companies are not calling Berkshire for capital like they were in 2008: “The phone is not ringing off the hook,” Munger, adding that airlines are “all negotiating with the government, but they’re not calling Warren.” Despite the uncertainty, Buffett’s longtime business partner left open the possibility of action: “That doesn’t mean we couldn’t do something pretty aggressive or seize some opportunity.”
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ad Agencies Can Expect A Bumpier Ride Than During 2008-09 Recession, But Clients Will Still Come Calling – ReportWithout live sports or active production due to COVID-19, U.S. television advertisers are leading a dramatic retreat from all marketing platforms, with the effects on several stakeholders likely to…
Read more »
South Korea set to post largest GDP contraction since 2008: Reuters pollSouth Korea's economy likely shrank at its sharpest pace since 2008 in the first quarter as the coronavirus health crisis ravaged business activity and global demand, a Reuters poll showed on Tuesday.
Read more »
A one-size-fits-all reopening makes no sense for America | OpinionWhat's happening in New York City is heartbreaking, but most Americans don't live there. And we need to do what's right for us.
Read more »
Shawn Johnson's Daughter Drew Hazel East Is Transfixed as She Watches Her Mom in the 2008 Beijing OlympicsThe Olympian's husband Andrew East said that he and daughter Drew had a 'blast' watching a replay of the competition
Read more »