Is Warren Buffett's True Successor Bill Ackman?

Published on February 26, 2025

Warren Buffett's latest shareholder letter contains the usual folksy mix of wisdom and humor.

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GM Boosts Investor Payout With New Buybacks, Dividend Hike

February 26, 2025
General Motors Co. plans to step up its program of buybacks by repurchasing $6 billion in shares and raising its dividend, rewarding investors by pushing more cash off its balance sheet.

BP Asks Shareholders to Pay for Its Mistakes

February 26, 2025
For the last five years, BP Plc has squandered its shareholders’ money. That’s why, forced by poor returns and the arrival of an activist investor, it finally “reset” its strategy on Wednesday.