+ 8.17
+ 2.6%
+ 7.47
+ 2.42%
+ 9.53
+ 2.51%
+ 0.48
+ 0.3%

Warren Buffett's Annual Letter Is Coming This Weekend: What To Expect

February 22, 2019 11:35 am
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
Warren Buffett's Annual Letter Is Coming This Weekend: What To Expect

Billionaire investor Warren Buffett's annual letter to Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) investors is expected to be released to the public over the weekend.

Food company Kraft Heinz Co (NASDAQ:KHC), one of Berkshire's big holdings, lost more than 20 percent Friday morning, but this will likely take a backseat to any hints of what Berkshire plans to do with its $116 billion pile of cash, CNBC reported.

Expectations remain the same as they have in recent years — that the company hasn't identified any compelling large-scale purchases.

Buffett's last major deal took place in 2016, when Berkshire spent $32 billion to acquire Precision Castparts. The following year, the "Oracle of Omaha" said in his annual letter that prices for "decent, but far from spectacular" businesses had moved to all-time highs.

Investors will also be looking out for commentary related to share buybacks. Berkshire approved a new stock buyback policy last year, and it is not yet clear if it was active in the fourth quarter.

Finally, the letter may include commentary on one of Main Street's hot topics, according to CNBC: health care.

Buffett announced a venture last year with Amazon.com, Inc. (NASDAQ:AMZN) and JPMorgan Chase & Co (NYSE:JPM) to explore ways of lowering health care costs.

Related Links:

Warren Buffett's Words Of Wisdom On Capital Allocation

Warren Buffett Explains Why Stocks Are More Valuable Today Than In The Past

Berkshire Hathaway CEO Warren Buffett meets with former President Barack Obama in the Oval Office on July 18, 2011. White House photo by Pete Souza. 

Related Articles

Market Outlook for 2021: Consider Watching These 6 Themes

The last time we experienced a major pandemic 100 years ago, Wall Street followed up with the “Roaring 20s.”  read more

What's In Store For Nike's Friday Report?

After the market close on Friday, the athletic apparel legend will report its second-quarter fiscal 2021 earnings. read more

6 IPOs To Watch In December: Airbnb, DoorDash And More

The 2020 IPO market could end with a big bang, with several high-profile names scheduled to offer shares during December. Other companies have not confirmed dates, but could try to complete IPOs before the end of the year. read more

Ozon IPO: What Investors Should Know About The Amazon Of Russia

One IPO is set to price the shortened week of Thanksgiving, but it's a big one. read more