Israel Englander Triples Nu Holdings Investment

This is a news story, published by Yahoo Finance, that relates primarily to Warren Buffett news.

Warren Buffett news

For more Warren Buffett news, you can click here:

more Warren Buffett news

News about latin america economy

For more latin america economy news, you can click here:

more latin america economy news

Yahoo Finance news

For more news from Yahoo Finance, you can click here:

more news from Yahoo Finance

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about latin america economy, you might also like this article about

billionaire stock pickers

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest different investing mindsets news, investors news, news about latin america economy, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

Berkshire Hathaway

The Motley Fool

•

Billionaire Israel Englander Just Tripled His Investment in This Stock That Warren Buffett and Cathie Wood Also Own

Summary

Nutrition label

78% Informative

Billionaire money managers all own young upstart Nu Holdings ( NYSE : NU) stock.

Warren Buffett , Israel Englander and Cathie Wood also own Nu Holdings .

Buffett invested $500 million in the company before it went public in 2021 .

Buffett owns 107,118,784 shares, or 2.2% of the company, but it makes up a tiny 0.5% of Berkshire Hathaway 's equity portfolio.

As an all-digital bank that skips costly real estate and relies on technology in place of human interaction, it has operating leverage.

Amazon: If you invested $ 1,000 when we doubled down in 2010 , you’d have $ 20,993 !

- Apple: if you invested.

$ 1k invested in Apple in 2008 , you'd have $ 42,736 ! - Netflix: $ 407,720 ! Right now, we’re issuing “ Double Down ” alerts for three incredible companies, and there may not be another chance.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful