The Motley Fool

MARCH 19, 2025

Buffett subsequently shut down Berkshire's textile business and transformed it into a diversified conglomerate with subsidiaries across the insurance, railroad, energy, and consumer staples sectors. It started buying Visa in the second quarter of 2011, and it now owns $2.75 billion in shares with an average purchase price of $52.

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The Motley Fool

SEPTEMBER 22, 2024

Buffett's conglomerate has been steadily selling off Bank of America, and it's not fully clear why. Image source: Bank of America Buffett and Bank of America Buffett has long been a fan of Bank of America, singing the praises of CEO Brian Moynihan time and again, and he's owned the stock since he bought preferred shares of BofA in 2011.

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The Motley Fool

SEPTEMBER 16, 2024

Buffett's stated reasoning for that move was that he wanted to take advantage of the current corporate tax rate. Under the 2017 tax law that cut corporate tax rates to their current level, the cuts are set to expire at the end of 2025, so he naturally expects them to increase in 2026 and beyond. billion worth of the bank stock.

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Portfolios Investing Taxes Banks 246

The Motley Fool

JULY 13, 2024

Over that 59-year stretch, he steered the conglomerate to average annual returns of 19.8%, which is nearly twice the average annual return delivered by the S&P 500 index over the same period. It's right in the wheelhouse of a patient long-term investor like Buffett , which is why Berkshire has owned the stock since 2011.

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Portfolios Conglomerates Banks Shareholders 246

The Motley Fool

NOVEMBER 28, 2023

Shares of the healthcare conglomerate have slid about 14% this year, even though sales and earnings are rising at an above-average pace for this company. Earnings before interest, taxes, depreciation, and amortization ( EBITDA ) are up 13% over the same time frame. Image source: Getty Images. at recent prices.

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The Motley Fool

AUGUST 26, 2024

As CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , Buffett offers tons of investment advice and commentary in his annual letters to shareholders and at the conglomerate's annual shareholders meeting in Omaha, Nebraska. Berkshire currently benefits from favorable corporate tax policies that are set to expire at the end of 2025.

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Portfolios Stakes Investing Banks 241

Mr. Money Mustache

AUGUST 22, 2020

Since the Dawn of Mustachianism in 2011, the same question has come up over and over again: “MMM, I see your point that index fund investing is the best option. Furthermore, both funds hold the factory meat king Tyson foods, while neither holds Roundup-happy Monsanto, because it was bought by the German conglomerate Bayer AG a while back.

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Exchange-Traded Funds Investing Funds Pension Funds 52