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Warren Buffett Is Buying Shares of This Legal Monopoly Hand Over Fist

The Motley Fool

The Oracle of Omaha is piling into a historically cheap legal monopoly But despite being a big-time seller of stocks for two years, the Oracle of Omaha has managed to unearth at least one value stock. The defining trait for Sirius XM is that it's one of America's few publicly traded legal monopolies. Image source: Getty Images.

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Warren Buffett's Favorite Stock to Buy Just Hit a Milestone That Only 8 Public Companies Have Ever Achieved

The Motley Fool

However, the true apple of Buffett's eye , and the stock that recently hit a milestone just eight other public companies have ever achieved, won't be found in Berkshire's quarterly 13Fs. 28, Berkshire became only the ninth public company to end a trading session with a market cap of at least $1 trillion. exchanges.

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Warren Buffett Has a Big Secret, and He's Not Legally Obligated to Tell You About It Until mid-February

The Motley Fool

A Form 4 is a necessary filing for any position where Berkshire holds at least a 10% stake in a public company. He legally isn't required to tell Wall Street or investors anything else about his company's BofA position until then. This persistent selling activity has pushed BofA down to the No. 11 through Dec.

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DraftKings Stock Rocketed 215% Higher This Year. Will the Party Continue in 2024?

The Motley Fool

Supreme Court ended the federal ban on sports gambling , allowing states to decide for themselves whether to make sports gambling legal for their residents. Over 20 states have legalized online sports betting with tens of billions of dollars spent yearly by gamblers betting on football, basketball, and more through these online portals.

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Why DraftKings Rocketed 209% in 2023, and What's in Store for 2024

The Motley Fool

In 2023, Fox quit the online sports betting business and DraftKings took share On industry consolidation, it appears as though DraftKings' first-mover position in legal U.S. Even large, public companies hoping to get into this newly legal industry have bowed out, with Fox Corporation (NASDAQ: FOX) being the latest casualty.

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Billionaire Warren Buffett Sold 56% of Berkshire's Stake in Apple and Is Piling Into Wall Street's Most Prominent Reverse Stock Split of 2024

The Motley Fool

He's overseeing a multiyear transformation designed to promote Apple's higher-margin Services segment, and has spearheaded the largest share buyback program of any public company. This has had a decisively positive impact on the company's earnings per share (EPS).

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Meet the Unique Stock-Split Stock Warren Buffett Has More Than Tripled His Stake In

The Motley Fool

This is what makes him piling into a popular company enacting a reverse-stock split all the more intriguing. Meet the legal monopoly stock-split stock Warren Buffett is piling into Though Buffett purchased shares of seven securities during the second quarter, including opening new positions in Ulta Beauty and HEICO , it's the roughly 96.2

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