Warren Buffett has made predictions about crypto, table tennis, and even his own death. Here are 12 forecasts and how they've turned out.
"We expect to hold these securities for a long time. In fact, when we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever."Luckily for Buffett, he changed his mind. Berkshire sold nearly all its Freddie Mac and Fannie Mae shares in 2000, slashing its holding to 0.3% from 8.6% in 1999.that he had become"concerned" about the companies' management.
"They were trying to and proclaiming that they could increase earnings per share in some low double-digit range or something of the sort," he said.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Warren Buffett-backed BYD bucks EV slump and zooms past Tesla in ChinaWarren Buffett-backed BYD soars past Tesla in China sales as the company bucks wider EV stock sell-off
Les mer »
How Warren Buffett's son spent the $90,000 of Berkshire stock he got at 19—worth $300 million now: 'I don't regret it'Rather than spending his Berkshire Hathaway stock inheritance on extravagant things (or allowing it to accrue in value), Warren Buffett's son says he used it to buy something 'infinitely more valuable than money.' And he has no regrets.
Les mer »
Sanders, Warren, and Others Raise Alarm Over Rise of Medical Credit CardsMore than 100 million people are saddled with medical debt in the U.S., collectively owing upwards of $200 billion.
Les mer »
Dolly Parton, Gloria Estefan, Cyndi Lauper, Belinda Carlisle, Debbie Harry to Collaborate on New SongSupergroup Alert: Dolly Parton, Gloria Estefan, Cyndi Lauper, Belinda Carlisle, and Debbie Harry will sing the Diane Warren-penned 'Gonna Be You' for the upcoming film '80 for Brady.'
Les mer »
'East New York's Amanda Warren Credits Fiancé for Helping Her for RoleEastNewYork star Amanda Warren is reflecting on the success of her freshman CBS cop drama.
Les mer »