Warren Buffett and his generosity with $BRK-A1.2% $BRK-B1.0%
This investing legend has given an annual gift to five foundations, bringing his total charitable giving to $50 billion already. Which is more than his fortune was in 2006 when he first planned these grants.
Berkshire Hathaway $BRK-A1.2% $BRK-B1.0%boosted its holdings in five Japanese trading companies in the last quarter. The five companies are Itochu, Marubeni, Mitsubishi, Mitsui and Sumitomo.
Unfortunately, those companies are not so cheap anymore, ytd have increased from 40-70%
The 10 largest companies in the S&P 500:
1) Apple $AAPL1.6% - 7.4%
2) Microsoft $MSFT0.6% - 6.7%
3) Google $GOOG3.0% - 3.8%
4) Amazon $AMZN2.7% - 3.1%
5) NVDIA $NVDA1.2% - 2.6%
6) Berkshire Hathaway $BRK-B1.0% - 1.7%
7) Tesla $TSLA3.7% - 1.7%
8) META $META1.9% - 1.6%
9) Exxon Mobil $XOM2.4% - 1.3%
10) United Health Group $UNH2.5% - 1.3%
Leaving out the six. ...it makes me wonder how it's all based on tech companies... :)
Do you own $BRK-B? I've always been in favor of indexes where I peek continuously, but $BRK-B1.0% is quite tempting :)
I've got it written in my notes, and I'll have a look. He would like to invest using the DCA method. So I'm tempted too and it's quite possible I'll include $BRK-B1.0% in my portfolio soon :)
Since we have the $BRK-B1.0% Annual Meeting today, let's see how much dividend money is going to Warren Buffett. That's something to work with, isn't it? 😉
Like this, generosity... I don't know how they do it in the US, but here you can put donations to charity as a tax expense... so you just don't give the money to the government, but to another company... but on the surface, of course, he seems like a do-gooder.)