Larry Page, Sergey Brin get $15 billion richer as Warren Buffett says Alphabet bet was his call

Warren Buffett revealed he personally initiated Berkshire Hathaway’s investment in Alphabet, lifting the stock nearly 4% and adding over $15 billion to the combined wealth of Google co-founders Larry Page and Sergey Brin. Berkshire now holds Alphabet among its top five investments, while strong AI-driven growth, cloud expansion, and increased spending plans continue to support…

Quote of the day by Joel Greenblatt: “When it comes to long-term investing, doing “less” is often “more”

Value investor Joel Greenblatt advises that less action yields more long-term investment gains. Patience and disciplined holding outperform frequent trading and market timing. Compounding wealth requires staying invested in strong businesses through market ups and downs. Avoiding emotional reactions to price swings is crucial for investment success. Resisting the urge to act and letting investments…

ITC Hotels Q1 Results: Net profit jumps 35% to Rs 180 crore; acquires GHK Hospitality for Rs 155 crore

ITC Hotels reported a thirty-six percent rise in net profit for the first quarter. Consolidated revenue from operations also increased compared to the previous year. The company announced the approved acquisition of GHK Hospitality & Infrastructures Ltd. This strategic move will expand their owned-asset portfolio in Ahmedabad. The hotel business and new branded residences vertical…