Berkshire Hathaway net worth up $15.4 billion in 2015: annual letter
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7:21 p.m. Feb. 27, 2016
7:19 p.m. Feb. 27, 2016
Berkshire Hathaway’s net worth rose $15.4 billion in 2015, Chairman and CEO Warren Buffett says in his annual letter to investors.
1:14 p.m. Feb. 27, 2016Here are some of the top passages from Warren Buffett’s annual letter to Berkshire Hathaway shareholders.
1:14 p.m. Feb. 27, 2016Dow and S&P; 500 both up more than 5% since co-founder and chief executive officer of DoubleLine Capital made purchases.
12:34 p.m. Feb. 27, 2016Investors are hoping March brings about a break in the high correlation between stock prices and oil prices as a signal to find renewed confidence in equity markets, but first crude prices are going to have to stabilize.
8:30 a.m. Feb. 27, 20168:16 a.m. Feb. 27, 2016
Financial advisor Dan Wiener invests 70-80% of long-term client portfolios in stocks, with the remainder in bonds and cash. When the market fell, he added to funds that had been hit hardest.
12:05 a.m. Feb. 27, 2016U.S. stocks wipe out gains to finish lower on Friday as crude-oil prices turned south. But all three main indexes close higher for a second week in a row.
4:54 p.m. Feb. 26, 2016Treasury prices fell, pushing yields higher, for a second consecutive week as investors favored riskier assets like oil and stocks over the period.
4:29 p.m. Feb. 26, 2016U.S. stocks closed slightly lower Friday, but logged a second straight weekly gain as oil prices stabilized. The S&P; 500 finished 3,68 points, or 0.2%, lower at 1,948.01. The Dow Jones Industrial Average closed 57.52 points, or 0.3%, lower at 16,639.83. The Nasdaq Composite closed 8.27 points, or 0.2%, higher at 4,590.47.
4:03 p.m. Feb. 26, 2016Barron's Jack Hough discusses the new issue of Barron's magazine, including a profile of the co-founders of hedge fund AQR. Plus, a look at safe havens and a peek into the Oscars swag bag. Photo: Derek Dudek for Barron's
4:00 p.m. Feb. 26, 2016