The conglomerate beat analysts' operating profit target, but there were no share buybacks over the third quarter.

Buffett has focused on investor behavior and frictional costs in his case against splits. 1 They: increase share turnover, and therefore the so-called “pickpocket” of transaction costs; 4 attract ...

Warren Buffett's Berkshire Hathaway sold a net total of $177 billion in stock in the last 11 quarters, while building a $344 billion cash position. The S&P 500 currently has a CAPE ratio of 38, an ...