At today’s closing price of $289.91 for Apple, Berkshire’s 5.4% stake in the company is valued at $72 billion, double its $36 billion investment. One of Berkshire’s portfolio managers, Ted Weschler or Todd Combs,...
On December 23, Berkshire Hathaway announced that Todd Combs, one of Warren Buffett’s portfolio managers, will become CEO of its Geico automobile insurance business on January 1, 2020. Todd Combs will likely be reporting...
55% of Americans own stocks, directly or through 401(k)s, individual retirement accounts, mutual funds, or other means. Gallup found 55% of Americans reporting they own stock in April 2019, similar to the average of...
Berkshire Hathaway hit an all-time high Thursday of 339,769.60. That tops the previous high set in the fall of 2018. It closed Friday at 338,080. The current market value of the company is more...
I am interviewed in this University of Maryland, Robert H. Smith School of Business article (Smith Brain Trust). OUR EXPERT’S PICKS HAVE OUTPERFORMED. HERE ARE HIS 3 NEW PICKS. Dec 11, 2019 Finance SMITH...
I am quoted on the impact of the trade war on U.S. industrial companies in InvestorPlace: And, of course, it’s nearly impossible to overstate the effect of the ongoing trade war on many U.S....
Department of Finance
Robert H. Smith School of Business
University of Maryland
