Geico

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Warren Buffett’s Berkshire Hathaway placed a $5.7bn (€4.8bn) bet on four US pharmaceutical stocks in the third quarter. File photograph: Getty
Warren Buffett pulls back on banks and bets on drug makers

Warren Buffett’s Berkshire Hathaway placed a $5.7 billion (€4.8 billion) bet on four US pharmaceutical stocks in the third quarter, as the billionaire(...)

Berkshire Hathaway shareholders watch the company’s annual meeting, at which Buffett and Munger rued several of the tech investments they never made. Photograph: Rick Wilking/Reuters
Warren Buffett and Charlie Munger reassess tech sector

It was with his traditional glib mannerism that Charlie Munger – Berkshire Hathaway vice-chairman and Warren Buffett’s right-hand man – hurled a caval(...)