Warren buffett

Amazon, Berkshire Hathaway, and JPMorgan are teaming up to launch a new healthcare company. The move came as a shock to the healthcare industry, sending stocks plummeting on Tuesday morning. Jeff Bezos, Warren Buffett and Jamie Dimon have spoken at length about the healthcare system in the past. Jamie Dimon, Jeff Bezos, and Warren Buffett have a new plan to tackle the rising cost of healthcare in the US. Bezos’s Amazon, along with Buffett’s Berkshire Hathaway and Dimon’s JPMorgan, are teaming up to form an independent venture that’ll be focused on healthcare for their US employees. “The healthcare system is complex, and we enter into this challenge open-eyed about the degree of difficulty,” Bezos said in a release. “Hard as it might be, reducing healthcare’s burden on the economy while improving outcomes for employees and their families would be worth the effort. … [Read more...] about Warren Buffett has been speaking out about the cost of healthcare for years — and it could hint at what’s to come with a new health venture

Amazon, Berkshire Hathaway, and JPMorgan are teaming up to launch a new healthcare company. The move came as a shock to the healthcare industry, sending stocks plummeting on Tuesday morning. Jeff Bezos, Warren Buffett and Jamie Dimon have spoken at length about the healthcare system in the past. Jamie Dimon, Jeff Bezos, and Warren Buffett have a new plan to tackle the rising cost of healthcare in the US. Bezos’s Amazon, along with Buffett’s Berkshire Hathaway and Dimon’s JPMorgan, are teaming up to form an independent venture that’ll be focused on healthcare for their US employees. “The healthcare system is complex, and we enter into this challenge open-eyed about the degree of difficulty,” Bezos said in a release. “Hard as it might be, reducing healthcare’s burden on the economy while improving outcomes for employees and their families would be worth the effort. … [Read more...] about Warren Buffett has been speaking out about the cost of healthcare for years — and it could hint at what’s to come with a new health venture

Wetherspoon founder and chairman Tim Martin uses company trading update to criticise anti-Brexit institutions. Martin attacked the “highly inaccurate” economic forecasts of international institutions like the OECD and IMF. “Their erroneous views lend weight to Warren Buffett’s aphorism that most forecasts tell you a lot about the forecaster, but nothing about the future,” he said. Wetherspoon saw like-for-like sales increase by 6% in the 12 weeks to January 21. LONDON – Tim Martin, chairman of pub chain JD Wetherspoon has attacked the “highly inaccurate” economic forecasts of international institutions like the OECD and IMF, quoting investing legend Warren Buffett in the process. Writing in the latest trading update for Wetherspoons, Martin took aim at these organisations, as well as the likes of the CBI and BRC, accusing them of “trying to fool … [Read more...] about JD Wetherspoon boss Tim Martin cites Warren Buffett and attacks anti-Brexit organisations for ‘trying to fool the public’

“What’s going on definitely will come to a bad ending,” said Warren Buffett, Berkshire Hathaway’s CEO, on cryptocurrencies. Buffett told CNBC the firm will never have a position in cryptocurrencies. Berkshire Hathaway CEO Warren Buffett said Wednesday that the firm had no interest in jumping on the cryptocurrency bandwagon. “We don’t own any, we’re not short any, we’ll never have a position in them,” Buffett said in an interview on CNBC. “If I could buy a five-year put on every one of the cryptocurrencies, I’d be glad to do it,” Buffett said, referring to options trades that would profit from price declines. He said Berkshire Hathaway remained focused on identifying good businesses and investing in them. The conglomerate announced Wednesday that it was expanding its board, adding Gregory E. Abel and Ajit Jain as directors to boost its size to 14 members.Buffett and … [Read more...] about Warren Buffett says bitcoin ‘definitely will come to a bad ending’

Warren Buffett’s Berkshire Hathaway could be one of the biggest beneficiaries of tax reform, according to Barclays. Analysts estimate that its book value could rise by about $37 billion because of the lower corporate tax rate. The tax cut reduces Berkshire’s deferred tax liability, which represents what it would owe the government if it sold its portfolio and took profits. Warren Buffett’s Berkshire Hathaway could be one of the biggest beneficiaries of tax reform in the insurance sector, according to Barclays. The company’s book value could increase by about $37 billion, said Jay Gelb, an insurance analyst at Barclays, in a note on Monday. That’s $10 billion more than what he estimated in a November note before the tax plan was finalized and signed. Gelb estimated this because Berkshire would have a lower deferred tax liability, which represents what the company would owe the … [Read more...] about Warren Buffett’s Berkshire Hathaway could get a $37 billion windfall from tax cuts