The lesson here is don't marry your stocks. If your original investment thesis fails, you shouldn't shy away from exiting your positions

Company must not bet the bank on expansion; estate agents have nowhere to go

Few investors went into this crisis with a portfolio they were entirely happy with

A mind-blowing seafood and BBQ buffet in Singapore is being heralded as a 'foodie's dream' with 20 different kinds of meat, dipping sauces, oysters and lobsters on offer.

Warren Buffett may have sold his airline stakes and spent more than $20 billion on stock buybacks last quarter, Chris Bloomstran, head of Semper Augustus Investments, told Business Insider.The billionaire investor and Berkshire Hathaway boss probably hasn't bought many other stocks, and might struggle to strike bailout deals in the face of government aid and fierce competition, Bloomstran said.Berkshire wouldn't hesitate to splurge $100 billion on Buffett's long-awaited "elephant-sized acquisition.""They would absolutely do it if the right elephant came along," Bloomstran said.Visit Business Insider's homepage for more stories.Warren Buffett has been silent as stock markets roil and oil prices plunge, fueling speculation about what he's up to.The famed investor and Berkshire Hathaway boss

"Fear is the most contagious disease you can imagine. It makes the virus look like a piker," Warren Buffett, Chairman and CEO of Berkshire Hathaway, said.Buffet's net worth is an estimated $72 billion, and his investment firm has a cash pile of $137 billion.Buffett's view, and it is hard to disagree with it, the worst of the coronavirus impact on the global economy and markets may not be over yet."Fear is the most contagious disease you can imagine. It makes the virus look like a piker," Warren Buffett, Chairman and CEO of Berkshire Hathaway, and more importantly an iconic investor said. "I don’t believe anybody knows what the market is going to do tomorrow, next week, next month, next year,” he added.The words are from a man whose net worth is an estimated $72 billion, and his investment

75564832Plagued by bankruptcy filings, food poisoning incidents, and millennial disdain, buffets were struggling well before the coronavirus pandemic began.From 1998 to 2017, the number of buffet restaurants decreased by 26% while the number of overall restaurants grew by 22%.That decline may well be made worse by trends that are accelerating across the food industry: towards faster, more convenient, to-go options.Buffets will also have the hardest time convincing diners that they're safe after the pandemic— and rebuilding consumer trust will be key to restaurants' recovery.But buffets may have a chance if they expand takeout and delivery options, and pivot to cafeteria-style service.Visit Business Insider's homepage for more stories.The coronavirus pandemic has been devastating for restaurants

Warren Buffett said Monday morning that he would 'certainly' vote for fellow billionaire Mike Bloomberg for president when asked if he was his preferred candidate.

Billionaire Warren Buffet shared in a recent interview with CNBC that his 'flip phone is permanently gone' and he is now using Apple's 'latest model' smartphone, the iPhone 11.

A year earlier, the conglomerate reported profits of $15.5 billion.

Warren Buffett once again showed investors as to how one can cut losses and preserve cash. The investing phenomenon is dynamic in nature and usually changes over a period of time based on the prevailing trend.

After several failed crossings from Libya to Italy and a long spell in detention, Nigerian migrant Olu had pinned his hopes on being evacuated from the besieged city of Tripoli with his family.

While there are certainly dozens of insightful takeaways that could be gleaned from Buffetts 50-year career as an investor, I think everyone can benefit from learning more about one of his core principles that have guided him through good times and bad.

Reputation matters
One of my favorite all-time pieces of advice from Buffett is this: It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'will do things differently.

In many ways, the sheer simplicity and common-sense nature of that statement belies its profound implications for modern-day life. Throughout his career, Buffett has used his reputation sparingly to turn around a failing business or to gain a tactical advantage.

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