Warren Buffett’s Berkshire Hathaway: Making Money, Making Jokes
Warren Buffett, the Oracle of Omaha, has been making headlines with his recent moves and comments. But don’t worry, he’s still making money and jokes at the same time.
Berkshire Hathaway Posts $35.5 Billion Profit, Buys Back More Stock
Berkshire Hathaway, the multinational conglomerate owned by Buffett, has posted a $35.5 billion profit for the first quarter of 2021. Not bad for a man in his 90s! But what’s even more interesting is that Berkshire Hathaway has been buying back its own stock. In fact, it repurchased $6.6 billion worth of shares in just the first quarter alone. Looks like Buffett is still betting on himself.
Buffett Says He Cannot Imagine a US Debt Default
In a recent interview, Buffett said he cannot imagine a US debt default. He believes that the US has the ability to pay its debts and that a default would be a “pure act of idiocy”. Well, if anyone knows anything about making money, it’s probably the man who’s worth over $100 billion. But hey, we wouldn’t mind seeing a little bit of idiocy from time to time, it keeps things interesting.
Buffett Says Apple is Berkshire Portfolio’s Best Business
When it comes to picking the best business in Berkshire Hathaway’s portfolio, Buffett has spoken. According to him, Apple is the best business that Berkshire owns. And he’s not wrong. Apple has been on a winning streak for years, and with the recent release of their new products, it’s not hard to see why. Maybe we should all take a page out of Buffett’s book and invest in a few Apple stocks ourselves.
Buffett Says More Comfortable with Investments in Japan than Taiwan
Buffett recently revealed that he is more comfortable with investments in Japan than Taiwan. Apparently, he feels that Japan’s corporate culture is more conducive to long-term investment strategies than Taiwan’s. But let’s be real, we all know the real reason Buffett prefers Japan over Taiwan — sushi. We can’t blame him, we love a good tuna roll too.
In conclusion, Warren Buffett may be in his 90s, but he’s still making money and jokes like a boss. Whether he’s buying back stocks, imagining debt defaults, picking his favorite tech company, or making investment decisions based on sushi preferences, we can all learn a thing or two from the Oracle of Omaha. So, let’s sit back, relax, and watch as he continues to make us laugh and make bank at the same time.
