Berkshire Hathaway now owns about 79.5 million shares of Phillips 66, which represents 15.2 percent of the company's stock
Submitted by Valentin Schmid via The Epoch Times, Warren Buffett claims that gold is worthless because it doesn’t produce anything. Fair point, but what if the other sectors of the economy also stop producing? “If you think of gold, the only way gold loses is if normal business and private sector cycles come back. Show More Summary
Warren Buffett is one of the world’s greatest investors. He’s also an all-round good chap who has donated his fortune to the Bill and Melinda Gates foundation to do good things that corporations, charities and governments don’t seem to be able to do (such as… Read More The post 10 Great Pieces of Investment Advice from Warren Buffett appeared first on Business Pundit.
SUN VALLEY, ID - JULY 6: (L to R) Maria 'Mel' Lagomasino, chief executive officer of financial advisory firm WE Family Offices, Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., and Susan Alice Buffett, philanthropist and daughter of Warren Buffett, speak with each other as they attend [...]
Last week, it was reported that Omaha business magnate Warren Buffett would introduce Car Seat Headrest before the band's performance at Maha Music Festival in Omaha, Nebraska. While it didn't lead to Warren B singing background vox on “Drunk Drivers/Killer Whales,” the planned introduction actually happened. Show More Summary
86-year-old business magnate was on-site at Omaha's Maha Music Festival.
This week on Masters in Business I sit with Jeff Gramm — son of Senator Phil Gramm — and author of Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism. Gramm discusses looking for one of Warren Buffett’s early and unpublished...Show More Summary
Photo Credit: Marc Nozell A while ago Warren Buffett told Fortune writer Carol Loomis, "Hillary is going to run... Hillary is going to win." As an outspoken Clinton supporter and legendary investor, Buffett put his money where his mouth is, "I will bet money on it. Show More Summary
At the end of the Berkshire Hathaway Shareholders Meeting, Warren Buffett was asked by a CNBC correspondent what he saw as the biggest threat to the company's future. He replied "CNBC is the greatest threat to Berkshire -- that is, a...Show More Summary
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Try to wrap your head around this one: Warren Buffett is going to introduce Car Seat Headrest during their performance at Maha Music Festival in Omaha, Nebraska, Stereogum points out. The festival tweeted that Omaha native Buffett will...Show More Summary
The wealthy business magnate is promoting the Drive 2 Vote initiative.
Warren Buffett is introducing Car Seat Headrest at Omaha, Nebraska’s Maha Music Festival later this month. A weird match-up no matter what way you spin it, but here’s why, at least from what we can gather: Buffett is promoting the Drive 2 Vote initiative, which helps match up volunteer drivers with people who need rides […]
During this U.S. election season, a diverse group of business leaders - including Charles Koch, Warren Buffett, Meg Whitman and Mark Cuban - have taken a stand against the Republican presidential nominee, Donald Trump. Usually CEOs are more cautious when it comes to politics, but this election is anything but usual. Show More Summary
Warren Buffett’s bet on Apple adds to investor confusion prior to iPhone 7 launch; this is why it shouldn’t.
Be fearful when others are greedy, and be greedy when others are fearful. - Warren Buffett
A quick look at the 13F filings for some of the big hedge fund titans and market gurus revealed a few things. While Warren Buffett's Berkshire Hathaway (BRK.A) sweetened its stake in Apple (AAPL), not everyone is buying the tech titan. Show More Summary
It's easy to like Warren Buffett. Despite amassing a nearly $66 billion fortune, he remains folksy and accessible. He's not perfect -- but then again, he's also rarely wrong. But
One-time AAPL skeptic Warren Buffett appears to now be strongly invested in the company’s future. Just three months after it was discovered that his conglomerate Berkshire Hathaway had purchased more than a billion dollars worth of AAPL...Show More Summary