{"id":81416,"date":"2022-05-02T03:47:18","date_gmt":"2022-05-02T07:47:18","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=81416"},"modified":"2022-05-02T03:38:59","modified_gmt":"2022-05-02T07:38:59","slug":"berkshire-bought-51-billion-in-stock-as-buffett-combats-supply-chain","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2022\/berkshire-bought-51-billion-in-stock-as-buffett-combats-supply-chain.html","title":{"rendered":"Berkshire bought $51 billion in stock as Buffett combats supply chain"},"content":{"rendered":"\n<p>(Reuters) Warren Buffett&#8217;s Berkshire Hathaway Inc <a rel=\"noreferrer noopener\" href=\"https:\/\/www.reuters.com\/companies\/BRKa.N\" target=\"_blank\">(BRKa.N)<\/a> dove into equity markets in the first quarter, spending more than $51 billion on stocks including a much larger stake in Chevron Corp <a rel=\"noreferrer noopener\" href=\"https:\/\/www.reuters.com\/companies\/CVX.N\" target=\"_blank\">(CVX.N)<\/a>. Berkshire, which Buffett has run since 1965, also said on Saturday quarterly operating profit was little changed from a year earlier, with some businesses able to fend off supply chain disruptions. Geico, the car insurer, posted an underwriting loss.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.reuters.com\/business\/buffetts-berkshire-bought-51-bln-stock-first-quarter-operating-results-flat-2022-04-30\/\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Warren Buffett&#8217;s Berkshire Hathaway Inc (BRKa.N) dove into equity markets in the first quarter, spending more than $51 billion on stocks including a much larger stake in Chevron Corp (CVX.N). Berkshire, which Buffett has run since 1965, also said [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-81416","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=81416"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81416\/revisions"}],"predecessor-version":[{"id":81417,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81416\/revisions\/81417"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=81416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=81416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=81416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}