Warren Buffet news and trends

Amazon Healthcare Venture Still Seeking CEO
Amazon // May 17, 2018

The healthcare venture formed by Amazon, Berkshire Hathaway and JPMorgan Chase is having a hard time finding a CEO. According to CNBC, the search for a CEO started around the time the three companies announced that they were teaming up to create an independent healthcare...

Berkshire’s Munger Calls Bitcoin ‘Noxious Poison’
Bitcoin // February 15, 2018

Add Charlie Munger, the longtime business partner of Warren Buffett, to the growing list of people who aren’t fans of bitcoin. According to Reuters, Munger called the recent “craze” in the cryptocurrency “totally asinine.” “Bitcoin is noxious poison,” Munger said at the annual meeting of...

Amazon, Berkshire, JPMC Team Up To Overhaul Health Care
Amazon // January 31, 2018

Amazon, Berkshire Hathaway and JPMorgan Chase announced Tuesday (Jan. 30) they are teaming up to create an independent healthcare company that will aim to fix the nation’s healthcare system. In a press release, the three said they are working on ways to address healthcare for...

Berkshire Backs Synchrony (Bails On GE)
Investments // August 15, 2017

Warren Buffett’s Berkshire Hathaway gave the financial world something of a surprise yesterday with the news that the firm had built a $520 million stake in Synchrony Financial during the second quarter. Synchrony — once a unit of GE — is a market leader in issuing store-branded credit...

Quick Reads
Billionaire Charlie Munger Says US Needs Ban on Cryptocurrencies

February 02, 2023
Berkshire Hathaway’s Charlie Munger wants America to take a page from China and ban cryptocurrencies. In a Wall Street Journal opinion piece Wednesday (Feb. 1), the billionaire vice chairman of the conglomerate decried the “wretched excess” of the crypto market. “A cryptocurrency is not a currency, not a commodity, and not a security,” he wrote. […]

Amazon Healthcare Venture Still Seeking CEO

May 17, 2018
The healthcare venture formed by Amazon, Berkshire Hathaway and JPMorgan Chase is having a hard time finding a CEO. According to CNBC, the search for a CEO started around the...

Berkshire’s Munger Calls Bitcoin ‘Noxious Poison’

February 15, 2018
Add Charlie Munger, the longtime business partner of Warren Buffett, to the growing list of people who aren’t fans of bitcoin. According to Reuters, Munger called the recent “craze” in...

Amazon, Berkshire, JPMC Team Up To Overhaul Health Care

January 31, 2018
Amazon, Berkshire Hathaway and JPMorgan Chase announced Tuesday (Jan. 30) they are teaming up to create an independent healthcare company that will aim to fix the nation’s healthcare system. In...