Warren Buffett's Berkshire Hathaway has the cash to buy Tesla, Starbucks, or McDonald's after the coronavirus sell-off
Warren Buffett's Berkshire Hathaway has the cash to buy Tesla, Starbucks, or McDonald's after the coronavirus sell-offWarren Buffett's Berkshire Hathaway can afford almost any of America's public companies following the coronavirus sell-off.
The billionaire investor's conglomerate held $125 billion in cash and short-term investments at the end of December. Berkshire's cash pile exceeds the market capitalizations of more than 450 companies in the S&P 500, more than 80 in the Nasdaq 100, and 11 in the Dow 30.Visit Business Insider's homepage for more storiesWarren Buffett's Berkshire Hathaway can afford to buy almost any of America's public companies after coronavirus fears decimated their market capitalizations in recent weeks.
The famed investor's conglomerate boasted $125 billion in cash, cash equivalents, and short-term investments in US Treasuries at the end of December. Assuming that figure hasn't changed, and looking purely at market caps — ignoring whether a purchase would be feasible, sensible, or even legal — Berkshire could buy one of more than 450 companies in the S&P 500, more than 80 in the Nasdaq 100, and 11 in the Dow 30 without needing a loan, as of the close of trading on March 27.
For example, Berkshire could afford McDonald's or PayPal in the S&P 500. On the Dow, it could snap up Boeing , IBM , or Goldman Sachs without blowing its budget. In the Nasdaq 100, neither Tesla nor Starbucks would break the bank.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
10 things in tech you need to know today - Business InsiderNine Tesla employees criticized the company's response to the novel coronavirus in interviews with Business Insider.
続きを読む »
Stock market crash: Expert investing recs amid 64% coronavirus sell-off - Business Insider'The worst bear market of our lifetime': A Wall Street investment chief who predicted the recession warns stocks may fall 64% before the dust settles — and lays out 3 trades set to profit from the coronavirus crash
続きを読む »
Two Tesla employees test positive for coronavirus: company emailTwo employees of Tesla Inc have tested positive for coronavirus but have been wo...
続きを読む »
Who’s Betting on a Rebound in Stocks? Corporate InsidersCorporate insiders are buying stock in their own companies at a pace not seen in years, a sign they are betting on a rebound after a coronavirus-induced rout.
続きを読む »
China cashes in off coronavirus, selling Spain $467 million in supplies, some of them substandardAs the novel coronavirus continues its diabolical trek around the world, some countries are finding themselves in a difficult situation. Low on supplies or money, traditional American allies like Spain, Italy, France and Japan have had to turn to China for help.
続きを読む »
Dow surges 1,352 points, reenters bull market, as traders cheer coronavirus stimulus bill | Markets InsiderUS stocks gained Thursday as investors shrugged off a huge number of weekly jobless claims spurred by layoffs related to the coronavirus outbrea...
続きを読む »