The Carlyle Group co-founder is a man of refinement and taste who is more or less single-handedly preserving America’s cultural heritage, such as it is. But assuming Warren Buffett’s glittering eyes were pointed in his direction when...Show More Summary
The zillionaire Obama supporter Warren Buffett is the quintessential crony capitalist. It should surprise no one that he is invested in green energy, the quintessential crony capitalist boondoggle. Apparently Buffett
A few weeks ago, there was a pretty great story going around various business and finance websites about Warren Buffett. According to the story: One day Buffett went up to his pilot named Steve and jokingly said to him that “the fact...Show More Summary
When each of his three kids turned 10 years old, Howard Buffett took them on a trip from Omaha to the East Coast. The middle child had his turn in 1940. He was a numbers-crazed boy named Warren. Dad brought him to New York City. Reflecting...Show More Summary
Warren Buffett's investing strategy has netted more than $71 billion for the Oracle of Omaha over six decades. Find out if that investing strategy still has a place for healthcare conglomerate Johnson & Johnson.
Warren Buffett made the first pennies of his estimated $71 billion fortune 78 years ago. As a 6-year-old kid in Omaha, Nebraska, he bought packs of gum at his grandfather's grocery store, and spent the evenings going door to door selling them to neighbors. Show More Summary
Here’s the quick and dirty version of what we learned on Friday about the holdings of Warren Buffett and the hedge funds at the end of the third quarter: Appaloosa’s David Tepper, George Soros and Daniel Loeb all buy into Alibaba (BABA) Buffett buys up on Express Scripts (ESRX) and Liberty Media (LMCK) Tiger Global [...]
Goldman Sachs Group Inc (NYSE:GS) agreed to a $5 billion deal with Business magnate Warren Buffett’s Berkshire Hathaway during the financial crisis back in 2008. At the times when many feared that the financial institutions were going down, Buffett made an interesting decision of investing in Goldman Sachs Group Inc (NYSE:GS). That turned out to […]
Warren Buffett's Berkshire Hathaway's portfolio additions show a company that thinks pay TV is here to stay. Here's what Berkshire added to its portfolio.
There’s more than one way to skin a cat (and reduce taxes). Warren Buffett, chairman of Berkshire Hathaway, has made a swap for Procter & Gamble’s interest in Duracell. The “cash-rich split-off” means that Berkshire Hathaway bought Duracell in exchange for its appreciated P&G stock, worth $4.7 billion. Show More Summary
Warren Buffett has done it again, a deft tax-free deal for Duracell that costs the IRS $1 billion. What Gives?
[guest post by JD] The Hail Mary pass for Sen Landrieu fails as the Dems express the bought and paid for solidarity with Tom Steyer and Warren Buffett’s billions. Discuss. —-JD
JeepersMedia/Flickr Well, that was fast. Mere weeks after Procter & Gamble (PG) announced its intention to split off its familiar Duracell brand of alkaline batteries, it found a deep-pocketed buyer in Warren Buffett's Berkshire Hathaway (BRK-A) (BRK-B). Show More Summary
Much like their leader, Warren Buffett, the chief executives of Berkshire Hathaway’s subsidiaries are a savvy group of acquirers. Lawrence A. Cunningham, in the Another View column, explains why.
Some call Prem Watsa the Warren Buffett of Canada. He is the CEO of Fairfax Financial (OTC: FRFHF), an insurance holding company modeled in much the same way as Berkshire Hathaway. And over the last
Bloomberg, Buffett Set to Save More Than $1 Billion on Taxes in Swap: Warren Buffett is again showing how to use the U.S. tax code to his advantage. For the third time in a year, the billionaire chairman of Berkshire Hathaway has structured a deal in which he buys businesses...
Today we learned Berkshire Hathaway would be buying Duracell from Procter & Gamble for $4.7 billion, and all signs indicate Warren Buffett has once again made another tremendous deal.
Warren Buffett is spending $4.7 billion in Duracell via a smart move saving huge sums of money in taxes for Berkshire Hathaway. Let's take a look at the main takeaways for investors.