So far in 2020, Bill Ackman’s timing has been impeccable. He made over $2 billion by shorting stocks as US stock markets crashed in the first quarter.
Warren Buffett's Berkshire Hathaway is known for its stock picks. Over the years, Berkshire Hathaway created considerable wealth for its investors.
Berkshire Hathaway (NYSE:BRK.B) released its first-quarter 13F on May 15 after the markets closed. Chairman Warren Buffett has been on a selling spree.
Seth Klarman is often called "the next Warren Buffett." During the first quarter, he placed new bets on Alphabet (NASDAQ:GOOG) and Facebook (NASDAQ:FB).
Greenlight Capital is having a dismal run. The fund lost value in April even though US stock markets had their best month since 1987.
On May 2, Berkshire Hathaway's (NYSE:BRK.B) chairman, Warren Buffett, revealed that he sold all of its airline stocks. The firm has incurred a loss.
As we head into May, there's saying “sell in May and go away.” However, pessimists have been calling for a US stock market crash for over a month now.
On May 2, Berkshire Hathaway held its annual meeting. Chairman Warren Buffett took questions from participants and offered some valuable advice.
Over the weekend, Berkshire Hathaway held its annual shareholder meeting. Warren Buffett revealed that the company has fully exited airline stocks.