Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events It’s become an American tradition to parse billionaire Warren Buffett’s annual letters to his shareholders for nuggets of plain-spoken insight, wit and sometimes a dash of politics. In this year’s letter, the Berkshire Hathaway chairman brought up a familiar subject under Donald Trump’s presidency: immigrants.
Category: Berkshire Hathaway
Warren Buffett credits ‘miraculous’ America in part to ‘tide…
The Berkshire Hathaway CEO has long been a believer in the economic power of the American people and its institutions and that opinion does not appear to have changed in his 2016 Annual Letter to Shareholders. “From a standing start 240 years ago a span of time less than triple my days on earth Americans have combined human ingenuity, a market system, a tide of talented and ambitious immigrants, and the rule of law to deliver abundance beyond any dreams of our forefathers.”
Better Buy: Berkshire Hathaway vs. Coca-Cola
Today, those 400 million shares of Coke stock are worth over $16 billion. And it gets even better: At its current rate of $0.35 per share in quarterly dividends, Berkshire will receive $560 million in income from Coke this year.
Better Buy: Berkshire Hathaway vs. GE
However, Berkshire has soared 22% in 2016, and thus, is naturally less attractive than it was at this time last year. With that in mind, let’s take a look at Berkshire as compared to another stock I have my eye on right now, General Electric Aside from having Warren Buffett, the greatest long-term investor of all time, at the helm, there are plenty of good reasons to like Berkshire over the long run, no matter who is at the CEO’s desk.