Berkshire Hathaway's cash stockpile is sitting at record levels. Buffett, however, expects the cash to continue accumulating this year.
Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) has taken a $6.7 billion stake in insurance company Chubb (NYSE: CB ). The news came in a 13F filing from chairman Warren Buffett's company.
They say the best time to invest was 20 years ago. And indeed, that's not too long after the early 2000s recession bottomed out.
Warren Buffett's Berkshire Hathaway Inc. disclosed a $6.7 billion stake in insurer Chubb Ltd. in a filing on Wednesday, reflecting its positions at the end of the first quarter.

Berkshire buys Chubb: Should you?

04:31am, Thursday, 16'th May 2024
Insurance major Chubb Limited (NYSE:CB) is in the spotlight today, thanks to Warren Buffett's Berkshire Hathaway unveiling a substantial $6.72 billion stake in the insurance giant. Berkshire's move ha

Warren Buffett just updated his stock portfolio

04:02am, Thursday, 16'th May 2024
After the annual Berkshire Hathaway (NYSE: BRK.A) shareholder conference, investors wondered about the legendary investor Warren Buffett's sales and purchases in Q1.
Chubb (CB) shares climbed more than 8% in late trading Wednesday evening after a regulatory filing revealed that Warren Buffett's Berkshire Hathaway (BRK.A) (BRK.B) has taken a sizeable stake in the Z
Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) has revealed that insurer Chubb (CB) is the mystery stock that the conglomerate had started building a position in last year but had asked regulators
It's been nearly two weeks since Warren Buffett presided over his company's annual shareholder meeting in Omaha. The ritual has become a must-attend for those in the industry and Berkshire Hathaway (N
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
Warren Buffett's Berkshire Hathaway revealed its more than $6.7 billion investment in insurance company Chubb in a regulatory filing which sent the insurer's stock to a record high.
The disclosure sent Chubb's share price to a record high in after-hours trading, rising 6.3% to $268.96.
Insurer Chubb Ltd. was the mystery stock being accumulated by Berkshire Hathaway Inc. in recent quarters, according to a Wednesday regulatory filing by the conglomerate ran by billionaire Warren Buffe
The Omaha, Neb., company began building a secret stock position in the second half of 2023.
Berkshire Hathaway's stake in Chubb is now worth $6.6 billion.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE