A timely gem...
Back in action: Berkshire was a huge net buyer of stocks in the first quarter, loading up on $51.1B worth of equities. Those included big holdings in Occidental Petroleum (OXY) and Chevron (CVX), acquiring an 11.4% stake in HP (HPQ) and arbitrage play Activision (ATVI) (as Microsoft (MSFT) acquires the videogame developer). All of the buying shrunk Berkshire's cash hoard to $106B, but echoed Buffett's classic dip-buying he also conducted during the financial crisis. "One thing that won't change is we will always have a lot of cash on hand," added Buffett, who is known to be nimble when mispriced opportunities arise.
https://seekingalpha.com/news/3829762-berkshire-hathaway-q1-operating-earnings-helped-by-manufacturing-retail?lctg=6269dcd6d7b3d6392d104a01&mailingid=27563037&messageid=wall_street_breakfast&serial=27563037.2775028&userid=56433986&utm_campaign=WSB%2005_02_2022%20segmentnoPremium&utm_medium=email&utm_source=seeking_alpha&utm_term=wall_street_breakfast
LRS General Discussion, page-5443
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Last
20.5¢ |
Change
-0.010(4.65%) |
Mkt cap ! $574.2M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.5¢ | $2.300M | 10.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 524382 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 308712 | 6 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LRS (ASX) Chart |