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Warren Buffett is a philanthropist whose billions have been funneled to pro-abortion organizations for decades, including many behind the expansion of the abortion pill. While some of this is well-known among pro-lifers, what is less known is that Buffett was also instrumental in creating a “church” as a front for referring women for illegal abortions prior to Roe v. Wade — a “church” that eventually merged into Planned Parenthood Los Angeles. Warren Buffett’s abortion pill philanthropy Warren Buffett’s Susan Thompson Buffett Foundation was among the original investors in Danco Laboratories, the U.S. abortion pill manufacturer. In addition, the Washington Post...

Peter Flaherty, chairman of the National Legal and Policy Center (NLPC) broke his silence after he was arrested and escorted out of the Berkshire Hathaway annual meeting on Saturday in Omaha, Nebraska. The Gateway Pundit reported that Flaherty was removed at the shareholders’ meeting and was charged with “criminal trespass” after criticizing Berkshire Hathaway CEO Warren Buffett for his support for Bill Gates’ organization and his association with convicted felon Jeffrey Epstein. Bill Gates was also present during the meeting. WATCH: And bill gates was here 30 minutes ago. pic.twitter.com/7UV5F3aggb — Tykoo.eth (@0xTykoo) May 6, 2023 During the first minute...

Mention of Bill Gates and Jeffrey Epstein Prompts Cut Microphone and Removal From ArenaFalls Church, VA --News Direct-- National Legal & Policy CenterDuring the Berkshire Hathaway annual meeting on Saturday in Omaha, Peter Flaherty had his microphone cut, was arrested, and forcibly removed from the arena.Flaherty is the Chairman of the National Legal and Policy Center (NLPC), which was the sponsor of Proposal #8 to “require hereafter that two separate people hold the office of the Chairman and the office of the CEO.”In support of this resolution for an independent chair, Flaherty attempted to assert that Berkshire “would be less...

Legendary investor Charlie Munger, speaking with Yahoo Finance Editor-in-Chief Andy Serwer in an exclusive interview, spoke bluntly about vaccine hesitancy in the U.S. “I have been appalled by the fear of vaccination by a big chunk of the nation,” the Berkshire Hathaway vice chairman said when asked about the COVID-19 pandemic. “Speaking for myself, I couldn’t wait to be vaccinated. And I think the risks of being vaccinated are way less than the risk of not being vaccinated." According to the CDC, there’s a minuscule 0.002% chance of the vaccine causing death while approximately 5 people per one million vaccinated...

A high-flying realtor who worked for Coldwell Banker and Berkshire Hathaway in California has been revealed as the 'Delta Karen' who was arrested by the FBI for attacking an 80-year-old passenger on a plane after he removed his face mask to eat - while she was herself maskless. Patricia Cornwall, a real estate agent previously based in Los Angeles, who in the 1990s was - according to TikLeak - a member of the Raiderettes cheerleaders for the then-LA-based NFL team, was identified as the unruly passenger on the Thursday flight from Tampa to Atlanta when the altercation took place. Cornwall...

© Provided by Benzinga The world’s richest man keeps getting richer. This week, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk passed another significant milestone with a wealth greater than two executives who once topped the list. What Happened: Musk is worth $236 billion, according to the Bloomberg Billionaires Index. That total puts Musk ahead of Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos, who Musk superseded in January. Bezos topped the list from 2017 to 2021. More impressive, Musk is now worth more than Microsoft Corporation (NASDAQ: MSFT) co-founder Bill Gates and Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) founder Warren Buffett combined....

Charles Munger, Vice Chairman of Warren Buffet’s Berkshire Hathaway, has suggested the U.S. needs to act more like the Chinese Communist Party when it comes to banking. In an interview on Wednesday, the 97-year-old billionaire claimed American free enterprise led to mass suffering from the 2008 crash. When asked about the mysterious disappearance of Alibaba CEO Jack Ma as an issue with Chinese economics, Munger doubled down on his pro CCP rhetoric. “Well yes, but Jack Ma’s one of the swingers. So they just cut his, they said to hell with you,” he expressed. “He basically gave a speech when...

June 30 (Reuters) - Berkshire Hathaway Inc (BRKa.N) Vice Chairman Charlie Munger praised China's move to impose a sweeping restructuring on Jack Ma’s Ant Group, the fintech giant whose record $37 billion IPO was derailed by regulators in November. The 97-year-old told CNBC in an interview alongside Berkshire CEO and billionaire investor Warren Buffett that the United States should take a leaf out of China's book and "step in preemptively to stop speculation". "I don't want the, all of the Chinese system, but I certainly would like to have the financial part of it in my own country," he said...

Several of the richest U.S. corporate executives have either paid a fraction of their cumulative wealth in federal taxes of nothing at all, according to a new report from the nonprofit media outlet ProPublica.What Happened: In its coverage, ProPublica said "America's billionaires avail themselves of tax-avoidance strategies beyond the reach of ordinary people. Their wealth derives from the skyrocketing value of their assets, like stock and property. Those gains are not defined by U.S. laws as taxable income unless and until the billionaires sell."However, ProPublica did not offer evidence that the executives being spotlighted were violating the U.S. tax code.The...

Speaking to Berkshire’s millions of shareholders on Saturday, Buffett warned the company was being hit by inflationary pressures: “We’re seeing very substantial inflation – it’s very interesting. I mean, we’re raising prices. People are raising prices to us. And it’s being accepted.” “The costs are just up, up, up. Steel costs, you know, just every day, they’re going up.” “And it just won’t stop! People have money in their pocket, and they pay the higher prices… There’s more inflation going on that people would have anticipated six months ago or thereabouts.” -VIDEO

We are seeing substantial inflation," Buffett said at the Berkshire Hathaway annual shareholder meeting broadcast exclusively by Yahoo Finance. "We are raising prices. People are raising prices to us, and it's being accepted." Buffett called out much higher steel costs impacting Berkshire's housing and furniture businesses. Subramanian thinks investors could see a "robust" rebound in inflation in coming months in the wake of the latest round of C-suite commentary. "Inflation is arguably the biggest topic during this earnings season, with a broad array of sectors (Consumer/Industrials/Materials, etc.) citing inflation pressures," Subramanian notes. Proctor & Gamble said recently it would begin...

Warren Buffett’s famed stock portfolio has grown to a market value of $281.17 billion at the end of 2020, with a cumulative actual price for the entire portfolio of $108.62 billion. Last year, Berkshire earned $4.9 billion in realized capital gains and $26.7 billion in net unrealized gains from its stock holdings. In Buffett’s annual letter to Berkshire Hathaway (BRK-A, BRK-B) shareholders, the renowned stock picker shared the 15 common stocks that had the largest market value at the end of 2020. Berkshire owns large stakes in companies like AbbVie (ABBV), American Express (AXP), Apple (AAPL), Bank of America (BAC),...

Billionaire Warren Buffett encouraged investors to maintain their faith in America’s economy and the businesses his Berkshire Hathaway conglomerate owns in a reassuring letter to his shareholders Saturday. Buffett hardly even addressed the coronavirus that ravaged many businesses last year, instead focusing on the long-term prospects for the railroad, utility and insurance businesses and stocks that belong to Berkshire Hathaway. But he said U.S. business will thrive over time in spite of the pandemic. “In its brief 232 years of existence, however, there has been no incubator for unleashing human potential like America. Despite some severe interruptions, our country’s economic...

Warren Buffett has given up his long-held conviction against buying gold — and he’s meanwhile getting out of Goldman Sachs. The totemic tycoon revealed in filings late last week that he has scooped up more than 20 million shares of mining giant Barrick Gold Corp. even as he unloaded nearly all of his nearly 2 million shares in Goldman Sachs. The 89-year-old investing icon’s sudden embrace of the precious yellow metal — which has has previously derided as “useless,” saying that “anyone watching from Mars would be scratching their head” at the idea of investing in it — took many...

Warren Buffett once said that “diversification is protection against ignorance. It makes little sense if you know what you are doing.” The take-away: Load up on what you know. Even if it’s a tech stock, apparently. A recent peek into Buffett’s Berkshire Hathaway BRK.A, BRK.B, $214 billion portfolio underscores that the Oracle of Omaha is following his own advice, considering how much stock Berkshire has accumulated in Apple AAPL. Buffett, thanks to Apple’s stellar run, now owns more than $91 billion’s worth of the iPhone maker, which constitutes 43% of the total Berkshire pie, according to figures cited by the...

The Bill & Melinda Gates Foundation has committed millions of dollars to research treatments and vaccines for COVID-19 as the pandemic continues to spread across the globe. Those endeavors are now fueling a lot of conspiracy theories. Of course even Bill Gates made some strange comments that fueled those conspiracy theories. Back in March he said, the country needs to go much further with a longer, coordinate shutdown to effectively turn back the spread of the disease. “We’re entering to a tough period that if we do it right we’ll only have to do it once, for six to 10...

Berkshire Hathaway class A stock (BRK.A) has been trading down all day today from yesterday's close while the overall market has been up, the DOW at one point over 415 points up.

After reporting loss in airlines and liquidation of airline holdings, BRK.A down as much as 2.95% today (over $8,000 per share).

A 95% plunge in passengers. Billions in losses. A rush for new debt. A recovery that executives expect to take years. Coronavirus is roiling the airline industry and the Oracle of Omaha has seen enough. Warren Buffett told investors Saturday that Berkshire Hathaway has sold its entire stakes in the four largest U.S. airlines — American, Delta, Southwest, United — as the pandemic upends another bet on the sector that the famed investor had shunned for years before a surprise return in 2016. “And it turned out I was wrong about that business because of something that was not in...

last year Buffett donated $169 million to the NoVo Foundation, a charity run by his youngest son, Peter, and Peter’s wife, Jennifer. ... Some of the foundation’s resources are directed towards radical activism that clearly benefits Buffett’s bottom line. In fact, money Buffett donated to the NoVo Foundation has been used to attack companies that compete with Berkshire Hathaway's subsidiaries and holdings. ... In 2017, NoVo donated $3.5 million to the “Clean Clothes Campaign” managed by the liberal Tides Foundation.. ... Why would the NoVo Foundation fund a series of crusades focused on ferociously targeting Walmart and Sam’s Club? It...