Warren Buffett’s Berkshire posts record $30.8 billion annual operating profit… calls stock buyback critics ‘economic illiterate’

Warren Buffett’s Berkshire Hathaway Inc BRK-A-N +0.04%increase on Saturday reported its highest-ever annual operating profit, even as foreign currency losses and lower gains from investments caused fourth-quarter profit to fall. Buffett called 2022 a “good year” for Berkshire in his …

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Office of Financial Research publishes 2022 Annual Report to Congress: ‘Generally, bond market stress measures are comparable to March 2020 and the early days of the 2007-09 financial crisis.’

by Dismal-Jellyfish Source: https://www.financialresearch.gov/press-releases/2023/01/12/ofr-finds-elevated-threats-to-u-s-financial-stability/ The OFR published its 2022 Annual Report to Congress today, which concluded that macroeconomic conditions and geopolitical uncertainties elevated risks across the financial system last year. The report examined these risks to financial stability between October 1, …

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List of attendees of the WEF’s annual summit in Davos leaked. List includes FBI director Chris Wray, the CEOs of Amazon, BlackRock, and Pfizer, top officials at the Gates Foundation and in the Soros network, and the Publisher of The New York Times.

Exclusive: The Dossier acquires confidential Davos attendees list Includes the likes of FBI director Chris Wray. CEOs of Amazon, BlackRock, Pfizer, Top officials at the Gates Foundation and Soros network, Publisher of NYT & many morehttps://t.co/3rJ661Glrx — Jordan Schachtel (@JordanSchachtel) …

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Did you know: The WEF Annual Meeting of the New Champions (“Summer Davos Forum”) has been held each year in China going back to 2007?

To set the record straight, the World Economic Forum (WEF) Annual Meeting (“Winter Davos Forum”) is held in Davos-Klosters, Switzerland, at the beginning of each calendar year, bringing together the world’s academics, politicians, business, and media participants from dozens of …

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Average annual UK household energy bill set to hit £6,600 in spring 2023… up +500% from last winter… for reference, the median full time salary in the UK is £31,000 per year before tax…

by silvertomars ‘Freeze profits, not people’: Furious protesters take to the streets outside Ofgem HQ as anger mounts at 80% energy price cap hike – and Chancellor Zahawi faces backlash for urging people to RATION to save money “Freeze profits, …

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2022 BERKSHIRE ANNUAL MEETING – Warren Buffett rips Wall Street for turning the stock market into ‘a gambling parlor’

https://www.cnbc.com/2022/04/30/warren-buffett-rips-wall-street-for-turning-the-stock-market-into-a-gambling-parlor.html Berkshire Hathaway CEO Warren Buffett lambasted Wall Street for encouraging speculative behavior in the stock market, effectively turning it into a “gambling parlor.” Buffett, 91, spoke at length during his annual shareholder meeting Saturday about one of his favorite targets for criticism: …

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