Peter Buffett, a professional musician and philanthropist, joined me on The Forbes Interview podcast to talk about music, creativity, the thrill and challenges of big charity, and his experiences of growing up with in the Buffett ho...
LONDON — A South African insurance technology company supported by Warren Buffett's Berkshire Hathaway is launching a life insurance product for diabetics in the UK. AllLife has partnered with Royal London, the UK's largest mutual insurer,...Show More Summary
Do you know what Warren Buffett's worst investment was? Or why Berkshire doesn't pay a dividend?
Critical thinking skills are essential to success — any kind of success. Successful individuals are thinkers and they surround themselves... The post Warren Buffett’s Best-Kept Secret to Achieving Massive Success: Critical Thinking appeared first on Lifehack. Show More Summary
IBM's stock price is down 5.59%, or $9.51, at $160.47 a share as of 10:24 a.m. ET after the company reported declining revenue for a 20th consecutive quarter. Warren Buffett's Berkshire Hathaway is IBM's largest shareholder and is therefore...Show More Summary
Just read a pretty fascinating summary on Warren Buffet’s early years, and almost spit out my coffee midway through. Apparently at 25 years old he wanted to retire! And actually turned down a dream opportunity in order to do so!! “The thing is, when I got out of college, I had $9,800, but by the end of 1955, I was up to $127,000. I thought, […]
While extolling the virtues of American consumers and praising the US economy, Warren Buffett has started seeking the help - and funds - of Chinese oligarchs to sell houses from his real estate brokerage HomeServices. According to Bloomberg's Berkshire's real estate brokerage, HomeServices - currently the second-largest U.S. Show More Summary
Ask great investors who their biggest influences are and you'll hear names like Warren Buffett and Paul Tudor Jones over and over again. Ask Ray Dalio, head of the world's biggest hedge fund, about the people who shaped his career and...Show More Summary
A few years ago I started flying last minute. I figured for all the anxiety that ticketing changes brought me, the extra 10-20 percent a year in travel costs was a good trade. I have been lucky the last 30 years to have mostly flownShow More Summary
Energy stocks led a broad decline on Wall Street, giving the market its third loss in a row, the AP reports. Financial stocks also dropped Thursday. Wells Fargo gave up 3.3% after Warren Buffett's Berkshire Hathaway said it was selling some of its stake for regulatory reasons. Pier 1...
LAST WEEK, JOURNALISTS AT SEVERAL local newspapers run by Berkshire Hathaway’s BH Media Group were met with news that their owner was slashing nearly 300 jobs companywide. Berkshire Hathaway CEO Warren Buffett was told about the cross-country layoffs, but “his opinion was not sought or offered,” according to reporter and “Warren Watch” columnist Steve Jordon at […]
The big banks are reporting earnings results this morning. JPMorgan Chase (JPM) beat expectations and shares are climbing. Wells Fargo (WFC) is another story. This morning, the third-largest bank in terms of assets, reported flat profits due to higher expenses and weaker mortgage banking revenue. Photo by Justin Sullivan/Getty Images Costs increased 6% to $13.8 billion […]
Warren Buffett does most of his philanthropic giving through the Bill & Melinda Gates Foundation — eradicating diseases and supporting communities in the developing world. A new philanthropic endeavor from Buffett's son is bringing that giving closer to home. Show More Summary
Stocks opened modestly lower on Wall Street on Thursday, led by declines in banks and energy companies. Despite a solid earnings report, Wells Fargo sank 2.5% in the early going, following news that Warren Buffett's Berkshire Hathaway is selling some of its stake in the bank to avoid coming under...
Patriots owner Robert Kraft told PFT Live during the league meetings last month that he wants to see coach Bill Belichick stay on the job into his 80s, citing the examples of Warren Buffett and Rupert Murdoch, both of whom are still going strong well into their ninth decade. So how long does Belichick plan…
Warren Buffett's Berkshire Hathaway Inc. is cutting its stake in Wells Fargo & Co. to less than 10 percent after the Federal Reserve told the billionaire's company that remaining above that threshold would limit its ability to do business with the bank....[Buffett] later said that criticizing a CEO could be seen as exerting too much influence. Show More Summary
Warren Buffett's company is selling a chunk of its Wells Fargo stock to avoid some federal regulations. Berkshire Hathaway says the sale isn't tied to the scandal about Wells Fargo's … Click to Continue »
The Oracle of Omaha doesn't want to ride the stagecoach anymore.
Berkshire Hathaway is dumping 9 million shares of Wells Fargo worth around $480 million in order to get around possible Federal Reserve regulations. Warren Buffett's company owned more than 10% of the bank after Wells repurchased a large chunk of its shares in 2016. Show More Summary