Saturday, April 30, 2022

Berkshire Hathaway’s Annual Meeting: "Warren Buffett significantly increases Chevron bet, now in Berkshire’s top 4 positions" (BRK)

 First up the Oil bet:

Berkshire Hathaway added to its Chevron bet significantly during the first quarter, making the energy stock the conglomerate’s fourth biggest equity holding.

The “Oracle of Omaha’s” Chevron investment was worth $25.9 billion at the end of March, the company’s first-quarter filing Saturday showed, a big jump from its value of $4.5 billion at the end of 2021.

Shares of Chevron have rallied more than 30% this year on the back of surging oil prices, but Berkshire’s position has increased fivefold reflecting Buffett’s buying....

....MUCH MORE

And on the Annual Meeting, CNBC's live coverage.

Warren likes talking to CNBC's Becky Quick so they sometimes get some scoopage.

Here's more of their stuff on the lovefest in Omaha, updated about 15 minutes ago:

Berkshire Hathaway’s annual meeting: Follow all the action as Warren Buffett takes the stage 

Other good coverage is usually found at the hometown newspaper, The Omaha World-Herald (formerly a Berkshire Hathaway property): 

Live Updates: Berkshire Hathaway Annual Shareholders Meeting in Omaha