The Motley Fool

MAY 1, 2024

Thanks to his remarkable track record leading Berkshire Hathaway over the past several decades, Warren Buffett is an investing legend in the eyes of many. For the average investor, looking at what the conglomerate owns can provide potential stock ideas. The Oracle of Omaha has been invested in Bank of America (NYSE: BAC) since 2007.

Financial Institutions 130

Financial Institutions Portfolios Banks Conglomerates 130

The Motley Fool

SEPTEMBER 15, 2024

Bank of America: 11.2% of the portfolio Buffett and Berkshire first invested in Bank of America (NYSE: BAC) , the U.S.'s s second largest bank by assets, in 2007 amid the global financial crisis. Berkshire also received warrants, allowing the conglomerate to purchase 700 million shares at a strike price of $7.14

Banks 130

Banks Stakes Conglomerates Asset Management 130

The Big Picture

APRIL 18, 2023

In the short run, there can be distortions in public market valuations as we saw in 2001 and we saw prior to that in 2007, and prior to that in 2000, in ‘99. BARATTA: The media conglomerate? You know, we bought Hilton in June of 2007. RITHOLTZ: — firms or private equity firms? BARATTA: Yeah. BARATTA: Yeah. In the long run.

Private Equity Firms 64

Private Equity Firms Private Equity Firms Assets Financing 64

The Big Picture

APRIL 11, 2023

And as you well know, in 2007, accountants fixed what I thought was a horrendous mistake — RITHOLTZ: Right. RITHOLTZ: So have we now gotten to the point where this sort of silliness is over, or are the venture capitalists and investment banks that bring these companies public, are they still playing that game?

Education 119

Education Financing Finance Taxes 119

The Big Picture

JANUARY 23, 2024

I grew up a political junkie, worked on senate races and governor’s races, and had the really good fortune of linking up with Barack Obama in 2007. And then in 2007 got recruited into Obama and that’s when I moved to DC Barry Ritholtz : 00:05:43 [Speaker Changed] Huh. I lived in Rhode Island working for a senate race.

Startups 52

Startups Conglomerates Venture Capital Capital 52