Warren Buffett’s Berkshire Hathaway ‘buys the dip’ again

Warren Buffett’s Berkshire Hathaway ‘buys the dip’ again
Warren Buffett: showing no need for new tricks (Image: Getty)
Bloomberg
(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. is following an age-old adage: buy the dip.The conglomerate was a net buyer of equities in the quarter, reporting US$3.8 billion ($6.1b) in purchases, according to results released Saturday. It was a net seller in the second quarter of last year.Berkshire stepped in as the S&P 500 shed 16% in the latest quarter. The Omaha, Nebraska-based company also reported an operating profit of US$9.2b as the insurance and railroad businesses posted gains.Cathy Seifert, an analyst with CFRA R...

More Investments

Productivity: Uncloud the BS
Opinion

Simon Robertson: Productivity: Uncloud the BS

The goal of productivity is to simply get the most out of the least time spent.

Why this firm wants to be the waste king of the north
Retail The Small Cap Wrap

Why this firm wants to be the waste king of the north

Plus, New Talisman's success spurns auditor, Esquires to India, and more.

The NZ company 'democratising hearing health'
Health On The Up

The NZ company 'democratising hearing health'

Can hearing aids be made both affordable and desirable?

Pattrick Smellie 09 May 2025
NZME new director race narrows to six
Markets

NZME new director race narrows to six

Osmium pair pulls plug on board push.