Billionaire Warren Buffett reveals new investments


A woman looks at the screen with live view of Berkshire Hathaway CEO Warren Buffett (L) and Vice Chairman Charlie Munger (R) at the Berkshire Hathaway Shareholders Meeting at CHI Health Center in Omaha, Nebraska on April 30, 2022.- AFP

Warren Buffett used the annual meeting of Berkshire Hathaway Inc BRKa.N to reveal major new investments including a bigger stake in Activision Blizzard Inc ATVI.O, while also railing against Wall Street excess and addressing the risks to his conglomerate of inflation and nuclear war.

The meeting Saturday in downtown Omaha, Nebraska was Berkshire's first welcoming shareholders since 2019, before COVID-19 derailed America's largest corporate gathering for two years.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

Two SAP staffers say HR mishandled their work-event rape claims
Asia stocks in limbo as dollar takes the lead
Elk-Desa Resources rides on recovery trend, posts RM17.59mil net profit in 1Q
TCS bags RM108.38mil construction job for Moxy Hotel
FBM KLCI dips into the red amid regional weakness
MN Holdings bags underground utilities contracts valued at RM10.5mil
Ringgit extends downtrend vs US$ on stronger US economic data
Malaysia posts double-digit trade growth in July
Kenanga maintains 'outperform' on Dialog as outlook remains intact
Bursa continues to edge lower as Wall Street stays flattish

Others Also Read