Berkshire "berappeln" sich
Buffett reaps $1 billion profit on Chinese carmaker
On Friday July 31, 2009, 11:38 am EDT
Buzz up! 4 Print
Companies:Berkshire Hathaway Inc.Goldman Sachs Group Inc.Lehman Brothers Holdings Inc.
By Jonathan Stempel
Reuters - Billionaire investor Warren Buffett, chief executive officer of Berkshire Hathaway, smiles as he meets hedge fund manager Zhao ...
Related Quotes
Symbol Price Change
BRK-A 97,000.00 +205.00
GS 163.30 +0.88
LEHMQ.PK 0.0381 +0.0001
{"s" : "brk-a,gs,lehmq.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc (NYSE:BRK-A - News; NYSE:BRK-B - News) has realized a $1.02 billion paper profit on a 10-month-old investment in BYD Co (HKSE:1211.HK - News) after shares in the Chinese car and battery maker quintupled.
Berkshire's MidAmerican Energy Holdings Co unit had agreed last September 26 to buy 225 million BYD shares at HK$8 each, a transaction then worth about $230 million.
The China Securities Regulatory Commission on Thursday granted approval for the transaction, which gives Berkshire a 9.89 percent stake. BYD shares closed Friday at HK$42.90, valuing Berkshire's stake at HK$9.65 billion, or about $1.25 billion.
Hong Kong's benchmark Hang Seng index (HKSE:^HSI - News) is up 10 percent since Berkshire revealed the BYD investment.
Berkshire agreed to the stake three days after deciding to buy $5 billion of Goldman Sachs Group Inc (NYSE:GS - News) preferred shares, despite the then-pervasive market turmoil after Lehman Brothers Holdings Inc's (Other OTC:LEHMQ.PK - News) bankruptcy.
Warrants attached to the Goldman investment have since generated a $2 billion paper profit for Berkshire.
"Buffett has grown more comfortable investing in foreign companies in recent years," said Andy Kern, who writes the blog Berkshire Ruminations and is a doctoral candidate at the University of Missouri-Columbia.
"Domestically, Buffett is taking advantage of Berkshire's solid capital position," he added, "while internationally, it's more that Buffett is simply finding bargains."
Other non-U.S. investments by Berkshire include the reinsurer Swiss Re (VTX:RUKN.VX - News) and the South Korean steelmaker Posco (005490.KS).
Earlier this decade, Berkshire made a few billion dollars on what had been a $488 million investment in Chinese oil company PetroChina Co (Shanghai:601857.SS - News).
Buffett is the world's second-richest person, after Microsoft Corp (NasdaqGS:MSFT - News) co-founder and Berkshire director Bill Gates, according to Forbes magazine.
Founded in Shenzhen in 1995 as a maker of rechargeable batteries, BYD expanded into mobile phones and automobiles.
It expects to sell 400,000 vehicles this year, and targets the sale of as many as 9 million by 2025, according to Henry Li, general manager of BYD Auto's export arm.
BYD Auto launched its first plug-in hybrid vehicle, the F3 DM sedan, last December.
Berkshire, based in Omaha, Nebraska, is a roughly $150 billion conglomerate that has close to 80 businesses selling such things as car insurance, ice cream and underwear, and which invests in dozens of companies.
Analysts on average expect Berkshire on August 7 to report a decline in second-quarter operating profit. Net income and Berkshire's book value may grow if rising stock markets boost the value of Berkshire's derivatives contracts.
Berkshire Class A shares were up $305 at $97,100 in morning trading on the New York Stock Exchange.
(US$1 = HK$7.75)
(Additional reporting by James Pomfret and Joanne Chiu in Shenzhen; Editing by Steve Orlofsky)
Berkshire trennt sich von einigen Beteiligungen, schweigt über neue Investition
Am 14. Februar 2024 um 22:34 Uhr
Warren Buffett hat im Schlussquartal Aktien von Apple verkauft. Kaum zu glauben, aber was. Der Starinvestor hat seine größte Position im Depot von Berkshire Hathaway etwas verkleinert. Sollten sich Anleger Sorgen um Apple machen? Schließlich nimmt in Cupertino immer noch niemand die Abkürzung KI in den Mund.
https://www.wallstreet-online.de/video/...t-soundhound-aktien-nel-aus
Itochu (OTCPK:ITOCF) (OTCPK:ITOCY), Marubeni (OTCPK:MARUY) (OTCPK:MARUF), Mitsubishi (OTCPK:MSBHF), Mitsui (OTCPK:MITSY) (OTCPK:MITSF) and Sumitomo (OTCPK:SSUMF) (OTCPK:SSUMY)
gewinnbringend, in Summe 8Mrd bzw. +61%
Quelle: https://seekingalpha.com/news/...berkshire-investing-in-annual-letter
Itochu (OTCPK:ITOCF) (OTCPK:ITOCY), Marubeni (OTCPK:MARUY) (OTCPK:MARUF), Mitsubishi (OTCPK:MSBHF), Mitsui (OTCPK:MITSY) (OTCPK:MITSF) and Sumitomo (OTCPK:SSUMF) (OTCPK:SSUMY)
gewinnbringend, in Summe 8Mrd bzw. +61%
Quelle: https://seekingalpha.com/news/...berkshire-investing-in-annual-letter
https://www.wallstreet-online.de/nachricht/...e-1-billion-dollar-club
Berkshire Hathaway Inc. (NYSE:BRK-B)
Number of Hedge Fund Holders: 117
Berkshire Hathaway Inc. (NYSE:BRK-B), a global conglomerate, operates in insurance, freight rail transportation, and utility sectors. On February 26, Berkshire Hathaway Inc. (NYSE:BRK-B) announced strong Q4 operating earnings growth and the disclosure of a record cash amount on its balance sheet. The company, led by Warren Buffett, reported a 28% increase in Q4 earnings compared to 2023, driven by insurance underwriting and investment income. With $167.6 billion in cash and short-term securities, Berkshire Hathaway is nearing a $1 trillion market capitalization, joining the ranks of major tech giants like Apple, Microsoft, Alphabet, Amazon, and Nvidia.
According to Insider Monkey’s fourth quarter database, 117 hedge funds were long Berkshire Hathaway Inc. (NYSE:BRK-B), compared to 116 funds in the prior quarter. Bill & Melinda Gates Foundation Trust is the largest stakeholder of the company, with approximately 20 million worth $7.10 billion.
Here is what Black Bear Value Fund has to say about Berkshire Hathaway Inc. (NYSE:BRK-B) in its Q3 2022 investor letter:
“Going forward I expect Berkshire to compound at above average returns from this price. BRK is a collection of high-quality businesses, excellent management, and a good amount of optionality in their cash position. If the cash were to be deployed accretively, the true value would be greater than an 8% premium (as mentioned above). The combination of a pie that is growing, an increasing share of said pie due to stock buybacks, upside optionality from cash and a tight range of likely business outcomes that span a variety of economic futures gives me comfort in continuing to own Berkshire.”
https://finance.yahoo.com/news/...s-buy-144523644.html?.tsrc=fin-srch
In Folge 266 des Podcast "InvestorStories" ging es diesmal um Beteiligungsgesellschaften:
https://investor-stories.de/investor-story-gunter-burgbacher
Ab min 00:16:30 geht es um Berkshire Hathaway. Auch an späterer Stelle kommt er nochmal darauf zurück.
Das KGV ist irgendwo um 25, das KBV 1,45 - 1,55. Auf den beiden ATHs, habe ich das erste Mal den kompletten BH-Bestand abgebaut.
Maßgeblich dafür war, dass ich schon soweit wie möglich in diesen Bullenrun mitgelaufen bin und den Zeitpunkt immer wieder vor mir hergeschoben habe,
der letzte Ausblick Buffets hat meine ohnehin schon kritische Haltung getriggert.
Artisan Select Equity Fund stated the following regarding Berkshire Hathaway Inc. (NYSE:BRK-B) in its fourth quarter 2023 investor letter:
"Our top seven holdings are American Express (the world’s leading premium closed loop credit card network operator), Samsung Electronics (the leading global manufacturer of memory semiconductors), Berkshire Hathaway Inc. (NYSE:BRK-B) (the holding company run by Warren Buffett), Elevance (a leading US health insurer), Danone (global food and nutrition), Heidelberg Materials (global cement and aggregates) and Alphabet (global Internet search)Our top seven are certainly not as dominant or as profitable collectively as their Magnificent Seven counterparts. But they are durable, attractive businesses with good growth prospects. Berkshire has enormous financial firepower that it can deploy to create earnings future earnings streams and cashflow."
https://finance.yahoo.com/news/...ower-helps-berkshire-111226307.html