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In the first three months of 2025, Warren Buffett continued to sell shares in the middle of a broad market sale, as can be seen from a regulatory submission before the historical 60th anniversary of his holding company Berkshire Hathaway.
The numbers showed that he unloaded the shares for the tenth quarter in a row, in a quarterly winning report, in which Berkshire’s insurance arm also achieved a hit of USD 1.1 billion from the forest fires in California of USD 1.1 billion.
Buffett sold $ 4.7 billion in shares in the three months until March 31, more than the USD 3.2 billion he bought.
This contributed to thresholding Berkshire’s pile of money, which rose to a further record of USD 348 billion, received as money from buffets of extensive business empire, the insurance, production, supply company and one of the largest railways in North America, together with the interest that were paid at its portfolio of the US treasure situations.
When asked about the huge cash reserves at the meeting on Saturday, Buffett said: “Things are very extraordinarily attractive.” At some point, he said, the company would “be bombed with offers, for which we would be happy that we would have the money”.
Tens of thousands of Berkshires shareholders took part in the event. Some participants said they did the hike to Omaha if Buffett had lasted before the meeting.
The event offered Buffett the first opportunity to burden the markets and the economy since US President Donald Trump had started a trade war last month by unveiling plans to beat new tariffs for imports from most other nations.
Buffett tries to avoid commenting politics, but during a marathon question and answer meeting, the 94-year-old criticized the tariff sharply without mentioning Trump.
“The trade should not be a weapon,” he said. “We should try to act with the rest of the world. We should do what we can do best and you should do what you can do best.”
He later shrugged a question about the American state of emergency and argued that the country had undergone waves of catastrophic changes since it was founded.
Changes to the net profit at Berkshire largely reflect the value of the USD 264 billion stock portfolio and other investments. In the first quarter, the profit points of $ 4.6 billion amounted to $ 12.7 billion in the first quarter of the previous year.
Buffett indicates the shareholders to pay more attention to the profit profit, the $ 9.6 billion. The decline largely reflected a lower insurance results, including the hit from the California Fire. Forest fires raged in Los Angeles for days and destroyed thousands of houses in some of the richest parts of the country.
The stocks of Berkshire Hathaway were on a crack in 2025 and on Friday by 20 percent rose to a record of $ 809,808.50 for the “A Class” share. Berkshire once again approved no share purchases in the first quarter.
Additional reporting from Eric Platt