Previous close | 0.4500 |
Open | 0.4400 |
Bid | 0.1400 |
Ask | 0.5100 |
Strike | 275.00 |
Expiry date | 2024-09-20 |
Day's range | 0.4400 - 0.4500 |
Contract range | N/A |
Volume | |
Open interest | 30 |
Warren Buffett took hours of questions from shareholders on Saturday for the first time since the passing of his right-hand man, Charlie Munger.
Berkshire Hathaway significantly reduced its enormous stake in Apple in the first quarter, as Warren Buffett's conglomerate let its cash hoard swell to a record $189 billion. Buffett's company also posted a record operating profit exceeding $11 billion, as its insurance operations benefited from improved underwriting and higher income from investments as interest rates rose. The value of Berkshire's stake in Apple fell 22% to $135.4 billion as of March 31 from $174.3 billion at the end of 2023, even though the iPhone maker's share price fell just 11% in the quarter.
At his final Berkshire Hathaway Inc. meeting in 2023, months before his 100th birthday, Charlie Munger surprised investors with a story about a brilliant investment he made over 60 years ago alongside a golfing buddy. The story traces back to 1962 when Munger, then a real estate lawyer, struck an unlikely partnership with Al Marshall, an unemployed golfer with a keen eye for investments. Their encounter on the green led to a pivotal decision: pooling their resources to invest $1,000 each in oil