Wall Street’s most overbought stocks this week has no technology names

Wall Street’s most overbought stocks this week has no technology names

Wall Street’s most overbought stocks this week don’t include any technology stocks, a reflection of investors continuing to flee the group in favor of more value-oriented parts of the market. This week, investors cashed in recent gains on high-flying, artificial intelligence growth stocks, rotating instead to overlooked other areas of the market, such as financials,…

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End of ‘The Berkshire Way’? Combs’ departure isn’t only big change as Buffett transition nears

End of ‘The Berkshire Way’? Combs’ departure isn’t only big change as Buffett transition nears

(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Todd Combs’ surprise departure from Berkshire Hathaway got most of the attention when it was announced this week. There were also, however, several additional personnel…

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How Todd Combs got started at Berkshire

How Todd Combs got started at Berkshire

Todd Combs, one of Warren Buffett’s handpicked investment lieutenants and a key executive at Geico, Berkshire Hathaway’ s crown jewel insurance business, is leaving the conglomerate after a 15-year tenure that helped define the firm’s post-Buffett transition. Combs, 54, first caught the attention of Buffett’s late partner Charlie Munger, who famously recounted receiving an unsolicited…

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