Money and Finance
- Links
Warren Buffett Takes 8% Stake in Sears Spinoff Seritage (LINK) Billionaire investor Warren Buffett has taken an 8.02% stake in Seritage Growth Properties Inc., the real-estate company split off from Sears Holdings Corp. earlier this year. Mr. Buffett...
- Berkshire Hathaway Takes $3.7 Billion Stake In Exxon Mobil
Warren Buffett's conglomerate Berkshire Hathaway owned a stake of about 40 million shares in oil major Exxon Mobil as of the end of September, according to an SEC filing on Thursday. Based on the most recently available holdings data, that would be...
- Seth Klarman's Baupost Hedge Fund Loses More Than $150 Million On Gold Miners
In October, Marcel “Mac” DeGuire became president and chief operating officer of Guyana Goldfields, an exploration-stage company listed on the Toronto Stock Exchange that has been losing money trying to develop gold mines in South America for years....
- 2013 Fairfax Annual Meeting Notes
A big thanks to Ben Claremon for taking and sharing these notes. Link to: 2013 Fairfax Annual Meeting Notes …………….. Related previous post: Prem Watsa's 2012 Shareholder Letter - Fairfax Financial ...
- Berkshire Hathaway Raisess Tesco Stake To 5.1%
Billionaire investor Warren Buffett increased his stake in Tesco Plc (TSCO) to 5.08 percent after a slump in the share price of the U.K.’s largest supermarket chain. Buffett’s Berkshire Hathaway Inc. (BRK/A) raised the holding from 3.21 percent and...
Money and Finance
Watsa’s Fairfax Becomes RIM’s Biggest Shareholder
Research In Motion Ltd. (RIMM) shareholder Fairfax Financial Holdings Ltd. (FFH) almost doubled its stake in the BlackBerry maker, making it RIM’s biggest investor and offering a vote of confidence to the ailing Canadian company.
Fairfax, an insurer run by Toronto-based investor Prem Watsa, owns 51.9 million RIM shares, according to a regulatory filing today. It held 26.8 million shares as of April 1, according to data compiled by Bloomberg. The company raised its stake to 9.9 percent, worth about $351 million.
- Links
Warren Buffett Takes 8% Stake in Sears Spinoff Seritage (LINK) Billionaire investor Warren Buffett has taken an 8.02% stake in Seritage Growth Properties Inc., the real-estate company split off from Sears Holdings Corp. earlier this year. Mr. Buffett...
- Berkshire Hathaway Takes $3.7 Billion Stake In Exxon Mobil
Warren Buffett's conglomerate Berkshire Hathaway owned a stake of about 40 million shares in oil major Exxon Mobil as of the end of September, according to an SEC filing on Thursday. Based on the most recently available holdings data, that would be...
- Seth Klarman's Baupost Hedge Fund Loses More Than $150 Million On Gold Miners
In October, Marcel “Mac” DeGuire became president and chief operating officer of Guyana Goldfields, an exploration-stage company listed on the Toronto Stock Exchange that has been losing money trying to develop gold mines in South America for years....
- 2013 Fairfax Annual Meeting Notes
A big thanks to Ben Claremon for taking and sharing these notes. Link to: 2013 Fairfax Annual Meeting Notes …………….. Related previous post: Prem Watsa's 2012 Shareholder Letter - Fairfax Financial ...
- Berkshire Hathaway Raisess Tesco Stake To 5.1%
Billionaire investor Warren Buffett increased his stake in Tesco Plc (TSCO) to 5.08 percent after a slump in the share price of the U.K.’s largest supermarket chain. Buffett’s Berkshire Hathaway Inc. (BRK/A) raised the holding from 3.21 percent and...