Warren Buffet who had put the weight of his holding company Berkshire Hathaway Inc. (NYSE:BRK.B) behind Goldman Sachs Group Inc (NYSE:GS)‘s ’10,000 Small Businesses Program’, is off to reap some of the fruit of this partnership as he attends the graduation celebration. TheStreet‘s Ruben Ramirez reported on the story. Graduates of the Wayne State University […]
Berkshire Hathaway Inc. (NYSE:BRK.B) Chairman Warren Buffett believes Detroit is on the road to recovery, and that small businesses will be the driving force paving the way. Buffett sat down for a round table discussion on Bloomberg’s In the Loop that included Bloomberg’s own founder Michael Bloomberg, Michigan Governor Rick Snyder, and Goldman Sachs Group […]
In an interview on Bloomberg TV, Warren Buffett made clear he doesn't really want to leave his post at Berkshire Hathaway. Bloomberg's Erik Schatzker asked Buffett about his future at Berkshire Hathaway, and Buffett — who turned 84 on...Show More Summary
Popular Among Subscribers Never Offline Subscribe Almost Everybody’s Got TalentEnding the War on FatAt first glance, little differentiates Berkshire Hathaway stockholder reports from those of any other major corporation. But look closer. Show More Summary
Warren Buffett's eating habits are the stuff of legend. Buffett is a huge fan of Dairy Queen — owned by Buffett's Berkshire Hathaway — and reportedly ordered Dairy Queen and a Coke while dining at the Four Seasons in April. Buffett also...Show More Summary
By Thomas Kennedy: Last year, I wrote an article showing the similarities between Kinder Morgan (NYSE:KMI) and Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B), and explained how these similarities should lead to excess returns for both companies going forward. Show More Summary
By Martin Lowy: An English friend, who is one of the keenest investors I know, recently asked by email whether I thought there was any asset class in the world that was not overpriced. I responded that I knew of none. What is one toShow More Summary
By Donald van Deventer: On September 9, we compared the marginal cost of wholesale funding for Bank of America Corporation (NYSE:BAC) with the U.S. Dollar Cost of Funds Index TM, a proxy for the marginal cost of funding for the 4 largest U.S. Show More Summary
Talk about savvy marketing. Cubic Designs Inc., a subsidiary of Warren Buffett's Berkshire Hathaway Inc., has sent hundreds of fliers to weed dispensaries in Colorado, Washington, and California. "Double your growing space," one flier...Show More Summary
Warren Buffett’s franchise network, Berkshire Hathaway HomeServices, has a presence in Arkansas with Bentonville-based Prudential Solutions Real Estate becoming the latest Prudential-affiliated brokerage to rebrand. Broker-owner Scott Waymire said in a statement that rebranding as Berkshire Hathaway HomeServices Solutions Real...
By YCharts: The Symbol of American Business When the Sage of Omaha announced that his Berkshire Hathaway would buy $3 billion worth of General Electric's preferred shares after the Lehman Shock of 2008, Buffett was quoted as saying that GE was "the symbol" of American business. Show More Summary
Berkshire Hathaway Inc. (NYSE:BRK.B)’s outspoken vice-chairman, 90-year-old Charlie Munger has a very clear opinion of anyone who thinks that the move of Burger King Worldwide Inc (NYSE:BKW)’s corporate headquarters to Canada following the Tim Hortons merger was an injustice: they’re “stark raving mad”. Betty Liu reported today on Bloomberg on some of the recent comments […]
Among the many things Warren Buffett is known for– being an extremely successful investor, (supposedly!) loving Cherry Coke, living in the same house he bought in 1957 for $31,500– one stands out from the crowd: his penchant for mixing folksy business wisdom with aberrant sex fetish. Show More Summary
We don't hear a lot from Warren Buffett's partner at Berkshire Hathaway, Charlie Munger, but when we do it's always colorful. Wednesday the 90 year-old investor's words were directed at accounting firm Ernst & Young, the auditor of his...Show More Summary
By Michael Hooper: Union Pacific (NYSE: UNP) and BNSF Railway, a holding of Berkshire Hathaway (NYSE: BRK.B), own lucrative rail lines to West Coast ports, giving them an advantage over East Coast rivals CSX (NYSE: CSX) and Norfolk Southern (NYSE: NSC). Show More Summary
By Jaded Consumer: Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) is an insurance conglomerate whose hundreds-of-billions-in-market-cap size inspires doubt about its potential growth. The company itself continues to tell investors that the days of easy gains are gone. Show More Summary
Berkshire Hathaway Inc. (NYSE:BRK.B) CEO and legendary investor Warren Buffett is the leading Fortune 500 CEO on Twitter Inc (NYSE:TWTR), in spite of making just five tweets since he joined the social media network last year, and none since February of this year. While underscoring the reverence people have for Buffett on the one hand, […]
By Dividend Mantra: I’m going to start this article with the eternal words of Warren Buffett, as written in Berkshire Hathaway Inc.’s (NYSE:BRK.B) 2008 shareholder letter: Long ago, Ben Graham taught me that “Price is what you pay; value...Show More Summary
Knowing why ExxonMobil, Suncor Energy, and National Oilwell Varco were all bought by Berkshire Hathaway could help you be a better investor.
Warren Buffett's long-time second in command at Berkshire Hathaway provides the reasons why Buffett has had such great success.