A resolution has been reached in a dispute between shareholders in Walls Construction over a proposed “growth share scheme” the firm said was designed to reward and incentivise new management. The case came before the Commercial Court last month, when Mr Justice Denis McDonald was told the parties would try to resolve their differences via […]
When Warren Buffett speaks, investors listen. Or at least they should. Buffett has long been known as one of the greatest investors the world has ever seen. On Feb. 24, Buffett shared Berkshire Hathaway Inc.’s 2023 shareholder letter. While all 17 pages are worth a read, some tidbits are more impactful than others. Here are […]
Famously frugal Warren Buffett has always been clear his billions won’t go to family—it’ll be invested in charitable foundations, a fitting end to a career of philanthropy. It’s a process Buffett will have seen more closely this year following the death of his right-hand man and dear friend, Charlie Munger. The Berkshire Hathaway chairman’s 2023 […]
A shareholder once asked Warren Buffett, Charlie Munger if Social Security is a ‘government-sponsored Ponzi scheme for retirees’ — their answer was received with laughter and applause Social Security has long been a subject of intense discussion in America, but investing legend Warren Buffett’s position on the issue is unmistakably clear. During Buffett’s company, Berkshire […]
A proposed growth share scheme for Walls Construction is needed to retain key people in the business and to incentivise management to work towards financial targets, the Commercial Court has heard. The Irish building firm, which had a turnover of €472 million in 2022, says it has the requisite shareholder and company consent for its […]
Japanese investment holding firm SoftBank Group Corp has largely cleared its ownership in e-commerce giant Alibaba Group Holding, concluding one of the most successful deals in China’s internet industry and a holding that spanned about 23 years. SoftBank, which invested US$20 million into Alibaba when it was still a start-up in 2000, said in a […]