Warren Buffett’s Berkshire Hathaway discloses Snowflake stake, confirming a rapid $800 million gain

Berkshire Hathaway chairman Warren Buffett sings and plays his ukulele with The Quebe Sisters Band at the Berkshire Hathaway annual meeting in Omaha May 1, 2010.


  • Warren Buffett’s Berkshire Hathaway confirmed the size of its Snowflake stake in a regulatory filing on Monday.
  • The billionaire investor’s company owns about 5.1 million Class A shares, or 2.2%, of the cloud-data platform’s outstanding stock.
  • Berkshire has notched a $800 million gain, as it spent $735 million on shares worth more than $1.5 billion as of Monday’s close.
  • The unusual bet shows that Buffett’s company is “evolving and becoming a much more tech-aware, tech-centric, tech-focused conglomerate,” Snowflake CEO Frank Slootman told Yahoo Finance.
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Warren Buffett’s Berkshire Hathaway officially disclosed its stake in Snowflake on Monday, confirming it has scored a $800 million gain on its investment in the cloud-data platform.

The famed investor’s

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Berkshire Hathaway HomeServices New England Properties push into technology helps agents thrive in pandemic

When the coronavirus struck Connecticut, real estate agent Marla Byrnes thought she might have to give up selling homes all together to keep her and her family safe while riding out the pandemic.



Candace Adams standing in front of a cake: Candace Adams in the president and chief executive of Berkshire Hathaway HomeServices New England Properties. She is shown in the lobby of the corporate headquarters in Wallingford.


© Kassi Jackson/The Hartford Courant/Hartford Courant/TNS
Candace Adams in the president and chief executive of Berkshire Hathaway HomeServices New England Properties. She is shown in the lobby of the corporate headquarters in Wallingford.

But Byrnes quickly found that the push into technology and training by her company, Berkshire Hathaway HomeServices New England Properties, made it possible to list and sell homes almost without having to step foot outside her own house.

“And the fact that the market has been so robust, and I’ve been selling houses and listing houses in some cases without physically walking into the houses that I have been selling has been pretty remarkable,” she said.

The forward-thinking culture of Berkshire Hathaway HomeServices

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Buffet’s Berkshire Taking Interest in Technology: ETFs to Play

Billionaire investor Warren Buffett is known for his value style of investing and hesitance to invest in the technology sector. The reason could be that tech shares are generally not tagged as value shares.  These are high-growth in nature and valuations are often stretched. However, with changing times, the Oracle of Omaha’s Berkshire Hathaway Inc. BRK-B has also started taking interested in tech shares.

And why not? Technology stocks and ETFs have been the star performers in recent times. Instead of taking the shine out of it, the coronavirus outbreak has added more to the sector. Social distancing norms enacted globally to mitigate the spread of the virus compelled people to stay at home, binge on online shopping and work as well as learn from home.

The rapid emergence of cutting-edge technology, including cloud computing, big data, IoT, VR, AI, has been driving the sector. The growing adoption of 5G

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