September 14, 2020
Warren Buffett made no splashy deals in 2020, and he didn’t weigh in on some of the year’s most contentious topics in his much-anticipated annual letter. Behind the scenes, the 90-year-old billionaire was hardly inactive.
Berkshire Hathaway Inc. was firing up another engine: stocks both buying its own and trading others. The conglomerate snapped up $24.7 billion of Berkshire shares last year, a stark record for the business sitting atop a $138 billion cash pile. It also almost doubled the volume of buying and selling of other stocks compared with 2019.
The moves signal a carefully forged path in markets sent convulsing by the pandemic and then lifted by stimulus that’s paved the way for heavy retail trading and an unprecedented SPAC boom. And Buffett is sticking close to home ultimately becoming a net seller of shares in other companies for the first time since 2016, while his prolific repurchases of Berkshire stock continued into this year with at lea
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the James River Group Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions]
I would now like to hand the conference over to your speaker today, Mr. Kevin Copeland, Head of Investor Relations. Thank you. Please go ahead.
Kevin B. Copeland
Senior Vice President, Finance, Chief Investment Officer and Head of Investor Relations
Thank you, Chelsea. Good morning, everyone, and welcome to the James River Group fourth quarter 2020 earnings conference call.
During the call, we will be making forward-looking statements. These statements are based on current beliefs, intentions, expectations and assumptions that are subject to various risks and uncertainties which may cause actual results to differ materially. For a discussion of such risks and uncertainties, please see the cautionary language regarding forward-looking statements in yesterday s earnings release and the Risk Factors section of our m
Operator
Thank you for standing by. This is the conference operator. Welcome to the Goosehead Insurance Fourth Quarter 2020 Earnings Call. [Operator Instructions] After the presentation, there will be an opportunity to ask questions. [Operator Instructions]
I would now like to turn the conference over to Dan Farrell, VP, Capital Markets for opening remarks. Please go ahead.
Dan Farrell
Vice President, Capital Markets
Thank you, and good afternoon. With us today are Mark Jones, Chairman and Chief Executive Officer of Goosehead; Michael Colby, President and Chief Operating Officer; and Mark Colby, Chief Financial Officer. By now, everyone should have access to our earnings announcement, which was released prior to this call, which may also be found on our website at ir.gooseheadinsurance.com.
Operator
Good morning. Welcome to the Willis Towers Watson Fourth Quarter 2020 Earnings Conference Call. Please refer to willistowerswatson.com for the press release and supplemental information that was issued earlier today. Today s call is being recorded and will be available for the next three months on Willis Towers Watson s website.
Some of the comments in today s call may constitute forward-looking statements, within the meaning of the Private Securities Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties. Actual results may differ materially from those discussed today, and the company undertakes no obligation to update these statements, unless required by law. For more detailed discussion of these and other risk factors, investors should review the Forward-Looking Statements section of the earnings press release issued this morning as well as other disclosures in the most recent Form 10-K and in other Willis Towers Watson s SEC filings
Operator
Good day and welcome to the Chubb Limited Fourth Quarter Year End 2020 Earnings Call. Today s conference is being recorded. [Operator Instructions]
And now for opening remarks and introductions, I would like to turn the call over to Ms. Karen Beyer, Senior Vice President of Investor Relations. Please go ahead.
Karen Beyer
Senior Vice President, Investor Relations
Thank you. Welcome everyone to our December 31st, 2020 fourth quarter and year-end earnings conference call. Our report today will contain forward-looking statements, including statements relating to company performance, pricing and business mix and economic and market condition, which are subject to risks and uncertainties and actual results may differ materially. Please see our recent SEC filings, earnings release and financial supplement, which are available on our website at investors.chubb.com for more information on factors that could affect these matters.