Buffett’s Only Two Rules for Investing
“Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1” – Warren Buffett
Dillard’s stock soars 46% after Warren Buffett’s deputy buys 6% stake.
Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) makes a value play- buys Dillard’s, Inc. NYSE:DDS department stores.
Dillard’s owned 244 out of its 285 locations in full as well as owning the building on leased land for ten other properties with only 25 locations where it leases its stores. The company also owns all of its distribution centers as well as its corporate headquarters. Dillard’s continues to pay its $0.15 quarterly dividend, that yields 1.43%.
Join Melissa Anderson live as she gives you the scoop on this radiance-boosting regimen from Origins! Tune in Tuesday, October 13th at 4pm CST!
Shop Origins Here: https://t.co/2o0ezI9ZUR pic.twitter.com/dHOGfAirUN
— Dillard’s (@Dillards) October 11, 2020
Warren Buffet’s Top Five Holdings
Coca-Cola: $20.2 billion Coca-Cola (NYSE:KO)
American Express (NYSE:AXP) $16.1 billion Express
Bank of America: $26.1 billion
Kraft Heinz (NASDAQ:KHC) $10.2 billion
Apple (NASDAQ:AAPL) $115.4 billion