Article: Has Wall Street Stolen $100 Trillion from the American Public? Will Donald Trump Get It Back?

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Has Wall Street Stolen $100 Trillion from the American Public? Will Donald Trump Get It Back?

Tehran Times, May 26, 2020 – International

TEHRAN – Robert David Steele, a former Marine Corps infantry officer and CIA spy as well as an activist for Open Source Everything Engineering (OSEE), contributes regularly to Tehran Times.

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Article: Buffett Sells More Stocks, Including Goldman Sachs, With No ‘Elephant-Sized’ Acquisition On The Horizon

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Buffett Sells More Stocks, Including Goldman Sachs, With No ‘Elephant-Sized’ Acquisition On The Horizon

16 May 2020

Forbes, Sergei Klebnikov

Billionaire investor Warren Buffett, who told investors earlier this month that he had made a “mistake” betting on airlines, is continuing to sell stocks amid the coronavirus pandemic, the latest regulatory filing from Berkshire Hathaway shows.

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Article: Warren Buffett’s Berkshire Hathaway sells majority of stake in Goldman Sachs

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Warren Buffett’s Berkshire Hathaway sells majority of stake in Goldman Sachs

Jazmin Goodwin

CNN, 16 May 2020

Warren Buffett’s Berkshire Hathaway (BRKA) sold off 84% of its stake in Goldman Sachs (GS) during the first quarter, according to a regulatory filing.

The conglomerate slashed its holdings in the investment bank to 1.9 million shares from 12 million shares, according to SEC filings released Friday. Goldman Sachs’s share price plunged by almost a third during the first quarter as the novel coronavirus swept the nation.

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Article: Warren Buffett’s Berkshire Hathaway slashed its Goldman Sachs stake by 84% last quarter

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Warren Buffett’s Berkshire Hathaway slashed its Goldman Sachs stake by 84% last quarter

Theron Mohamed

BusinessInsider, 15 May 2020

Warren Buffett’s Berkshire Hathaway slashed its Goldman Sachs holdings and sold its stakes in energy group Philips 66 and insurer Travelers in the first quarter, according to a Securities and Exchange Commission filing released on Friday.

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Article: “Selling American” Buffett Dumps Most Of His Goldman Stake, Trims JPMorgan In Turbulent First Quarter

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“Selling American”: Buffett Dumps Most Of His Goldman Stake, Trims JPMorgan In Turbulent First Quarter

ZeroHedge, 15 May 2020

Airlines aren’t the only sector that Warren Buffett notoriously dumped in April, ahead of the Berkshire Hathaway annual meeting.

According to the just filed Berkshire 13F, in the first quarter when the conglomerate’s equity holdings took a record hit of $66.5 billion, as the value of Berkshire’s disclosed equity positions tumbled from $242BN as of Dec 31, to $175.5BN on March 31, Buffett also sold the bulk, or 84%, of his Goldman Sachs stake – formerly a top 20 position for Berkshire – selling 10 million shares of what at Dec 31 was a 12 million position, while trimming 3% of his stake in JPMorgan (from 59.5MM to 57.7MM shares).

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Article: Elon Musk Says He’s “Not The Biggest Fan” Of Warren Buffett

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Elon Musk Says He’s “Not The Biggest Fan” Of Warren Buffett

Tyler Durden

Zero Hedge, 8 May 2020

Musk’s comments, along with the rest of his underwhelming podcast with Joe Rogan, can be seen here:

Comment: Todays story is Warren Buffett the hero of the people The HERO of the people  NO  All this old Prick had to do was say HEY SEC settle the trades stop the Fraud   But instead he said nothing.

Investor: Warren Buffett

Investor

Warren Buffett is as the  “Oracle of Omaha,” and he is one of the most successful investors of all time. Buffett runs Berkshire Hathaway, which owns more than 60 companies, including insurer Geico, battery maker Duracell and restaurant chain Dairy Queen. Mr. Buffett is the son of a U.S. congressman, he first bought stock at age 11 and first filed taxes at age 13. He pledges to give away most of his fortune. Last year (2019) he donated $3.6 billion, much of it to the foundation of friends Bill and Melinda Gates.

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