Buffett and biotech mix like oil and water.
How to Minimize Investment Returns by Warren Buffett Berkshire’s Annual Report (p18) February 28, 2006 It’s been an easy matter for Berkshire and other owners of American equities to prosper over the years. Between Dec. 31, 1899, and Dec. Show More Summary
WHO would bet against the Sage of Omaha? In 2007 Warren Buffett, America’s most accomplished investor, predicted that during the next ten years the S&P 500, the country’s leading index of large-capitalisation shares, would outperform a portfolio of hedge funds. He offered a $1m bet to anyone who disagreed.
Ten years ago, Warren Buffett bet celebrated hedge fund manager Ted Seides of Protégé Partners that an investment in a low-cost S&P 500 index fund would outperform an investment in Seides's "fund-of-funds," a basked of five funds managed by his firm. (more…)
NYPost: The Oracle of Omaha once again has proven that Wall Street’s pricey investments are often a lousy deal. Warren Buffett made a $1 million bet at end of 2007 with hedge fund manager Ted Seides of Protégé Partners. Buffett wagered...Show More Summary
The Latest on Howard Buffett's rise to Macon County sheriff's office (all times local): 6:16 p.m. Howard Buffett, a son of billionaire investor Warren Buffett, has been sworn in as … Click to Continue »
Howard Buffett, the oldest son of billionaire investor Warren Buffett, was named sheriff of Macon County in central Illinois on Friday. Buffett, 62, has served since September 2014 as undersheriff in the county of roughly 107,000 people. He will hold the county’s top law enforcement job until...
(Reuters) - Howard Buffett, the oldest son of billionaire investor Warren Buffett, was named sheriff of Macon County in central Illinois on Friday. Read more...
Billionaire investor Warren Buffett's son is to become the interim sheriff of Macon County in central Illinois. Macon County Sheriff Thomas Schneider said in a Friday statement that he is … Click to Continue »
JPMorgan analyst says energy unit chief Greg Abel is the most likely successor.
In starting Berkshire Hathaway with an Outperform rating, one analyst considers what could happen when Warren Buffett steps down.
In Berkshire Hathaway's 2014 letter, Warren Buffett wrote that the legendary conglomerate's "future CEOs should come from internal candidates whom the Berkshire board has grown to know well." JPMorgan believes they've identified theShow More Summary
Warren Buffett invested in Apple and it's paid off.
Warren Buffett may be one of America's oldest CEOs. But a food giant created by a merger deal that was orchestrated between his company and a private-equity firm two years ago just named one of the youngest chief financial officers in the country. On Friday, Kraft Heinz, the producer of veteran food brands like Velveeta […]
HomeServices of America, a Berkshire Hathaway affiliate, said the acquisition includes Long & Foster's business lines in mortgage, settlement services, insurance and property management.
The Berkshire Hathaway chairman and renowned investing genius lost $1.53 billion Tuesday, or 2% of his net worth according to Bloomberg, as markets were broadly routed on policy uncertainty and ongoing jitters over North Korea.
He vowed to give away most of his fortune. He wasn't kidding.
Even if we are familiar with it or even if it seems blatantly obvious, it is always good to remind ourselves of fundamentals. Here is a short clip I ran across that captures Warren Buffett's timeless advice on his investing philosophy. Pretty much captures the key tenets of his approach: circle of competence, patience, and concentrated portfolio.
Warren Buffett is a mentor to A-Rod.
Warren Buffett turned 87 Wednesday. By now, it's probably safe to say Berkshire Hathaway chairman, who's said he has the diet of a 6-year-old and has no interest in getting to work before dawn, has settled on his optimal daily routine. So...Show More Summary