Warren Buffett's Berkshire spent record $68 billion on stocks in 2022

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Finance Finance Headlines News

Warren Buffett's Berkshire Hathaway poured a record $68 billion into stocks last year as bargains reemerged

for annual spending on stocks was $43 billion in 2018, or $24 billion on a net basis, according to a Markets Insider analysis of data going back to 1993. It was a net seller of stocks in both 2020 and 2021.

However, they clearly found some deals in 2022, leading them to buy more stocks and repurchase fewer Berkshire shares. After spending $25 billion on stock buybacks in 2020, and a record $27 billion in 2021, they only laid out about $8 billion last year.to buy Alleghany in March last year, and completed the $12 billion acquisition in October.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

'I'm 92 -- and still I'll NEVER have enough money!!!'

Must be nice.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Warren Buffett’s Berkshire Hathaway Posts Big 2022 Loss in Rocky MarketWarren Buffett retained his sense of optimism in his annual letter to investors Saturday, saying he attributes much of his success over the years to the resilience of the U.S. economy.
Source: WSJ - 🏆 98. / 63 Read more »

Warren Buffett's Berkshire Hathaway is the largest investor in these 8 stocksWarren Buffett's earnings-linked letter to shareholders details dominant stakes in AmEx, BofA, two oil giants and more. My idol 🙏
Source: MarketWatch - 🏆 3. / 97 Read more »

Warren Buffett's annual letter reveals Berkshire's 'secret sauce,' crucial lesson for investorsWarren Buffett published his annual letter to shareholders on Saturday, offering a glimpse into Berkshire Hathaway's investment into Coca-Cola and American Express. Apparently Berkshire have a “secret sauce” too JoelKatz Its called securities manipulation. Takes money to make money! Say one thing, do another. Read what WarrenBuffet writes, listen to what he says, then watch what he does. What he does is 95%! WSJ CNBC barronsonline Kiplinger
Source: FoxBusiness - 🏆 458. / 53 Read more »