yahoo news | ‘We aren't in it to make 5% or 6%': Warren Buffett calls Iran war market dip 'no...

Warren Buffett downplayed the market turbulence caused by the U.S.–Israel war in Iran, calling the early‑2026 dip “nothing” and emphasizing that Berkshire Hathaway is not in the business of chasing a few percent of short‑term gains. While the Nasdaq fell 7% and the S&P 500 slipped close to 5% in the first quarter—the worst quarterly performance since 2022—Buffett said the volatility is simply a routine correction and does not alter Berkshire’s long‑term calculus. He noted that, even after handing the CEO role to Greg Abel on Jan. 1, 2026, he still comes into the office daily, reviews the market with Mark Millard, and has recently made a “tiny purchase,” while the firm continued to buy large amounts of Treasury bills, reflecting his belief that cash is a necessary “oxygen” for any investment strategy.

Buffett put today’s pullback in historical context, pointing out that Berkshire has endured market crashes that erased more than 50% of value three times since he took over. For him, a modest dip of a few percentage points does not change the fundamental attractiveness of quality businesses, and he reiterated that Berkshire is not “in it to make five or six per cent.” His perspective underscores a long‑term horizon that spans decades rather than quarters, and he warned that retail investors often react to headline‑driven volatility—selling near the bottom—when the underlying fundamentals remain sound.

The oracle’s outlook offers a practical framework for ordinary investors: keep a cash buffer for unexpected shocks, avoid overpaying fees, and stay invested in low‑cost, diversified vehicles such as an S‑P 500 index fund. Buffett’s own history—surviving Black Monday, the dot‑com bust, the 2008‑09 crisis and the COVID‑19 collapse—demonstrates that periods of stress eventually give way to recovery. By focusing on patient, consistent buying and minimizing costs, investors can ride out volatility and benefit from the long‑term growth of American businesses.

Read more: https://finance.yahoo.com/markets/stocks/articles/arent-5-6-warren-buffett-100700705.html?fr=sycsrp_catchall

#warrenbuffett #berkshirehathaway #nasdaq #s&p500 #iran

undefined | Berkshire electric utility's court win could save it billions

PacifiCorp, the Berkshire Hathaway‑owned utility, won a partial victory in an Oregon Court of Appeals decision that sent the James class‑action lawsuit back to the trial court for reconsideration. The appellate judges said the jury instruction used in the 2023 trial— which had found PacifiCorp liable for failing to shut down power lines during a windstorm that sparked four wildfires and caused extensive property loss — was improperly applied to a broader class of thousands of plaintiffs. As a result, the damages awards that have already totaled more than $1 billion in subsequent “mini‑trials” may have to be re‑evaluated, and the plaintiffs will likely need to prove liability for each specific property again. PacifiCorp welcomed the ruling, describing the litigation process as prejudicial, and said it remains open to resolving reasonable claims while continuing to defend against unsupported ones.

In other Berkshire‑related news, Berkshire Hathaway Energy faced a proposed antitrust class action alleging it conspired to inflate real estate commissions, despite its HomeServices of America brokerage having paid $250 million two years earlier to settle similar claims. A federal judge in Missouri rejected the company’s argument that the settlement shielded it, treating the two entities as a single enterprise for antitrust purposes. Meanwhile, the company’s 2026 annual shareholders’ meeting featured Warren Buffett on the cover of the “Shareholders Guide,” but the former CEO will stay offstage, allowing CEO Greg Abel to field questions. The meeting will also introduce subsidiary executives—including BNSF CEO Katie Farmer and NetJets chief Adam Johnson—into the Q&A sessions for the first time.

A new edition of “The Warren Buffett CEO: Secrets from the Berkshire Hathaway Managers” is slated for release on April 28, adding chapters that spotlight Berkshire’s insurance engine and profiling key figures such as Ajit Jain’s possible successor. The book, published by Wiley, reflects the company’s transition from Buffett to Abel. Recent data show Berkshire’s market cap at roughly $1.04 trillion, with cash reserves of $373 billion, and ongoing stock repurchases. Highlights from recent Buffett‑Munger remarks emphasize the simplicity of Berkshire’s economic model, the power of retained earnings, and the importance of avoiding “standard stupidities” in investing.

Read more: https://www.cnbc.com/2026/04/11/berkshire-electric-utilitys-court-win-could-save-it-billions.html

#berkshirehathaway #pacificorp #warrenbuffett #gregabel #bnsf

The US market is at 230% of GDP. Buffett says we’re "playing with fire." Cap Puckhaber from Simple Finance in Reno shares his Buffett Indicator guide:

https://simplefinanceblog.com/buffett-indicator-valuation-guide/
#Investing #Finance #WarrenBuffett

"In the short term the market is a voting machine; in the long term it's a scale." - Warren Buffett

#wallstreet #warrenbuffett #investing

Yahoo Finance | The Best-Value Warren Buffett Stock You Can Buy Right Now

Warren Buffett, the former CEO of Berkshire Hathaway, is known as one of the greatest value investors of all time. The portfolio he built at Berkshire Hathaway has changed over the past several decades, but it has always included stocks that Buffett targeted as great values. Buffett is no longer running Berkshire, but the portfolio is filled with the stocks that were picked during his tenure as CEO -- and many of them are great values, especially now with the recent market pullback. The absolute cheapest stock in the Buffett portfolio right now is Charter Communications, trading at just 6x earnings and 5x forward earnings. However, the best value stock in the Buffett portfolio right now is Bank of America (NYSE: BAC).

Bank of America is the fifth-largest holding in the Berkshire portfolio, representing a roughly 9% stake. Until two years ago, it had been the second-largest holding, but Buffett and his team have been paring back on shares in recent quarters. Right now, though, it appears to be in the buy zone. The stock is down about 12% year to date and is trading at around 12 times earnings, the lowest it has been in a year. Its forward price-to-earnings ratio (P/E) is only 11, and its five-year price/earnings-to-growth ratio (PEG), based on projected earnings, is 0.93. A PEG below 1.0 means it is undervalued. And its price-to-book value is relatively low at 1.2.

Wall Street analysts have established a median price target of $61 for Bank of America, which would suggest 26% upside for the stock over the next 12 months. And 83% of analysts rate it as a buy. Last year, Bank of America increased its revenue by 7% and lowered its provision for credit losses compared to the previous year. The revenue gains and provisions numbers were even better in the fourth quarter, a source of momentum heading into 2026. The bank also lowered its efficiency ratio by 194 basis points to 61% in the fourth quarter. That means it is making more for every dollar it spends. That shows up in the earnings, which increased 18% in the quarter to $0.98 per share. Its net interest income grew about 7% in 2025 to $60.1 billion. Management expects it to grow by a similar amount in 2026, projecting a range of 5% to 7%. Also, with its net charge-off ratio down in the fourth quarter and lower provisions for credit losses, that suggests its credit quality is improving. Charge-offs are loans that won't be repaid. While the interest rate picture is a bit murky right now, Bank of America, as a premier lender in the United States, is well-positioned in either scenario. If rates come down, it should spur more lending activity, which would likely boost net interest income as deposit rates drop. If rates hold where they are, it will likely maintain its solid increase in net interest income and its current higher spreads. Combine that with its cheap valuation, and this Buffett stock looks like a good buy right now.

Read more: https://finance.yahoo.com/markets/stocks/articles/best-value-warren-buffett-stock-115500994.html

#warrenbuffett #berkshirehathaway #chartercommunications #bankofamerica #nyse

Yahoo Finance | The S&P 500 Is Down 4% in 2026. Here Is What Long-Term Investors Should Do Now.

It's been a turbulent year for the stock market. The S&P 500 (SNPINDEX: ^GSPC) index has been hurt by worsening sentiment. It could be from the Middle East conflict, the acceptance of higher interest rates for longer, or general uncertainty. As of April 1, the widely followed benchmark is down 4% in 2026. This is after it produced a total return of 18% in 2025. The slow start can keep some market participants on edge.

Long-term investors shouldn't panic, though. Over the past decade, the S&P has generated a total return of 277%. On an annualized basis, this means your capital compounded at a 14.2% rate. This is a wonderful outcome, and it's substantially higher than the longer-term historical 10% yearly average. Despite that impressive performance, investors who captured this gain had to deal with sizable occasional drawdowns. For example, the S&P posted double-digit percentage drops in 2018, 2020, 2022, and 2025. The benchmark always recovered, showing that volatility is normal in the world of stock market investing. In order to be successful, it's crucial to adopt a mindset that allows you to ignore the short-term noise. That's because the S&P 500 will continue to have periods of weakness. How you navigate those times will undoubtedly affect your financial well-being. The best course of action during moments like now is usually to ride out the volatility and stay focused on the next five years and beyond.

When it seems that everyone is selling their positions and running for the exits, the smartest investors keep a level head. "Be greedy when others are fearful," the legendary investor Warren Buffett once said. While the S&P 500 takes a breather, it's time for investors to seriously consider putting some extra cash to work. While the market is on the dip, investors will want to look at buying the Vanguard S&P 500 ETF (NYSEMKT: VOO) right now. It's an extremely low-cost option, charging an expense ratio of 0.03%, that provides investors with access to the S&P 500. This is a solid choice at any time, but it's particularly interesting today since it's off 4% this year. Investors can also identify individual stocks that are taking it on the chin. Alphabet and Meta Platforms, both outstanding businesses, have seen their share prices fall 5.5% and 13%, respectively, in 2026. They are down even further from their all-time peaks. Opportunistic investors probably don't want to pass up on these two top artificial intelligence stocks. Those who are in it for the long term will take advantage of what the market is offering.

Read more: https://finance.yahoo.com/markets/stocks/articles/p-500-down-4-2026-121000430.html

#s&p500 #warrenbuffett #vanguard #s&p500etf #artificial-intelligence

Yahoo Finance | ‘I don’t care’: Charlie Munger once said single people shouldn’t buy homes — how to invest in property, married or not

‘I don’t care’: Charlie Munger once said single people shouldn’t buy homes — how to invest in property, married or not
The late Charlie Munger, longtime friend and business partner to the Oracle of Omaha, Warren Buffett, was himself an investing magnate with a trove of wisdom for everyday investors.
Aside from his knowledge, Munger’s wit was on frequent display at Berkshire Hathaway annual meetings, including airing his opinions on U.S. housing habits.
One of his core arguments? Homes should be reserved for families who intend to live in them.
At the annual meeting of Berkshire Hathaway’s shareholders in 1998 (1), Munger famously quipped: “The single people, I don’t care if they ever get a house.”
It was a bold statement, and one that doesn’t necessarily align with conventional wisdom — although some modern gurus disagree.
That’s because real estate is often regarded as one of the best wealth-building assets for many middle-class households, regardless of marital status.
And the numbers arguably support this view: The total value of home equity for homeowners in America skyrocketed between Q1 2020 and Q1 2025, rising from $21.5 trillion to $34.1 trillion in those five years alone (2).
So, before you go off selling your home alone, here’s what investors should consider about real estate as a long-term asset class.
For many Americans, buying a home is seen as the ultimate financial milestone and a cornerstone of the American dream. But not everyone agrees it’s a smart investment.
Grant Cardone, a real estate mogul, claims your primary home is a “terrible investment.”
“[A home] doesn’t cash flow. You don’t get big tax write-offs because of it. You have no leverage. You’re living in it. You’re paying for it. You never own it,” Cardone said during a podcast interview with Sean Kelly in 2024 (3).
Even after the mortgage is paid, you’re still on the hook for things like taxes, insurance, HOA fees and maintenance. According to a 2025 analysis by Zillow and Thumbtack, these costs average about $15,900 across America, soaring to as high as $24,000 in larger metropolitan areas like New York — all of which comes on top of your mortgage payments (4).
On the flip side, Buffett sees real estate as a potential wealth-building powerhouse because it can generate income.
Unlike a primary residence, rent-paying apartments are productive, cash-flowing assets. In fact, he once famously said that if someone offered him 1% of all the apartment buildings in the U.S. for $25 billion, he’d “write you a check (5).”
Either way, if you want to earn income from real estate but aren’t keen on the headaches of being a landlord, there are ways to invest without the stress.
Read More: I’m almost 50 years old and don’t have retirement savings. Is it too late?
For most individuals, the most significant investment one will ever make is in their primary residence.
The ability to take on a highly leveraged position in real estate and grow equity as property values rise over time offers significant financial benefits. Instead of paying rent and having “nothing” to show for it after 30 years, homeowners who make their monthly mortgage payments will accumulate substantial equity by retirement.
This “forced savings” phenomenon is a key reason why most household net worth is so often tied up in real estate.
But for those looking to expand their residential real estate portfolio beyond their primary residence, or even invest in real estate while saving for a down payment on their own home, there are several options.
For example, new investing platforms are making it easier than ever to tap into the real estate market.
Crowdfunding platforms like Arrived allow you to invest in shares of vacation and rental properties, earning a passive income stream without the extra work that comes with being a landlord of your own rental property.
To get started, simply browse through their selection of vetted properties, each picked for thei

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Read more: https://finance.yahoo.com/markets/stocks/articles/don-t-care-charlie-munger-113900501.html

#charliemunger #warrenbuffett #berkshirehathaway

OPULENT TROUBLE

Warren Buffett says he hasn’t spoken to Bill Gates since ‘whole thing’ with Epstein files

https://www.youtube.com/watch?v=YNpOjymKsZc

In a new interview, Warren Buffett said he hasn’t spoken to Bill Gates since the “whole thing” with the Epstein documents came out...

#WarrenBuffett #BillGates #EpsteinFiles #Fallout #Congress #ClassTrouble #ClassWar #Predators