Warren Buffett Tells CNBC "Economic Pearl Harbor" Is Over Thursday, 14 May 2009 10:23 Berkshire Hathaway's (NYSE: BRK.A) annual meeting is set to take place this weekend and prior to the meeting CNBC's Becky Quick interviewed the Oracle of Omaha, Warren Buffet, last night.My friend Becky asked Warren Buffett if he felt the "economic P . . . More... |
Warren Buffett, Newspapers and Buggy Whips Thursday, 14 May 2009 10:22 I recently read a great article about Warren Buffett and newspapers having no future. In a recent interview Buffett implies how the newspaper industry is going the way of the horse and buggy. "They have the possibility of going to unending losses. . . . More... |
Everyone loves a ukulele -- even Warren Buffett Thursday, 14 May 2009 10:22 If ever there was a billionaire role model, it's Warren Buffett. Buffett's love for the ukulele led to him donating the musical instruments and lessons to girls at the North Omaha branch of Girls Inc., a group with a goal of helping girls become "str . . . More... |
Perspective of super-rich skewed Thursday, 14 May 2009 10:20 The past year has truly opened the eyes of the public about the scandalous pay and perks of the Wall Street “masters of the world” and North America’s big business CEOs and their board members -- many of them the very people who dragged the wor . . . More... |
Warren Buffett's Letter and the Magic Formula, 2009 Thursday, 14 May 2009 10:18 Warren Buffett is a legend in the investing world. The chairman of Berkshire Hathaway (BRK-B), he has amassed a fortune of over $60 billion dollars, using his company as a vehicle for investing in stocks, fixed income instruments, and buying entire b . . . More... |
The carnival that is Warren Buffett Thursday, 14 May 2009 10:18 Am I alone, or has this carnival swirling around Warren Buffett, Charlie Munger and the Berkshire Hathaway Inc. (NYSE:BRK.A) annual meeting reached Davos-like excesses? Buffett is a towering figure, perhaps the greatest investor in American history. . . . More... |
Is Warren Buffett Brilliant or Lucky? Thursday, 14 May 2009 10:17 A whole lot of both, most likely.Warren Buffett just finished the annual Berkshire Hathaway shareholders meeting, and apparently doled out his normal dose of insights. Should people care what he has to say?There is one school of thought that says tha . . . More... |
Seriously, Warren Buffett Is a Better Investor Than You Thursday, 14 May 2009 10:16 At 78 years old, Warren Buffett is no spring chicken. The fact is, most people his age are looking to get money out of the market rather than put money in it.Yet Buffett is continuing his life's work -- undeterred by age -- in the same way he always . . . More... |
Ajit Jain may succeed Warren Buffett as CEO Thursday, 14 May 2009 10:15 First Published : 04 May 2009 02:37:00 AM ISTLast Updated : 04 May 2009 03:37:16 AM ISTWASHINGTON: India born Ajit Jain is one of three top executives who could succeed billionaire investor Warran Buffett as CEO of the investment giant, Berkshire Hat . . . More... |
A Back to Basics Weekend With Warren Buffett Thursday, 14 May 2009 10:14 “If you have a 150 I.Q., sell 30 points to someone else. You need to be smart, but not a genius.”So said Warren Buffett, the world’s most famous value investor, at Berkshire Hathaway’s annual meeting here on Saturday, a regular pilgrimage for . . . More... |
Obama beats Buffett on the market Thursday, 14 May 2009 10:13 US President Barack Obama is proving to be a better judge of the stock market than Warren Buffett, the world's second-richest person, and investors Laszlo Birinyi and Barton Biggs.While Buffett, Birinyi and Biggs all suggested stocks were bottoming l . . . More... |
Warren Buffet's company reports first ever loss Thursday, 14 May 2009 10:13 Warren Buffett's Berkshire Hathaway reported its first ever loss in the first quarter of 2009 hurt by a large investment in oil group ConocoPhillips and losses from derivatives. After the close on Friday, the group said it had made a net loss of $1. . . . More... |
Buffett's investment fund in loss Thursday, 14 May 2009 10:12 Celebrated US financier Warren Buffett has seen his investment firm report its first loss in eight years due to a badly-timed purchase of oil stocks. Berkshire Hathaway made a loss of $1.53bn (£1bn) in the first three months of 2009, compared with a . . . More... |
Buffett bemoans oil stake, cuts losses with tax break Thursday, 14 May 2009 10:11 BERKSHIRE Hathaway, the company led by Warren Buffett, has reported its first quarterly loss since 2001, hurt by a large investment in ConocoPhillips shares and losses from derivatives.The company reported a net loss of $US1.53 billion ($A2 billion) . . . More... |
Where Buffett Puts His Money Thursday, 14 May 2009 10:10 Last year, the book value of Berkshire Hathaway dropped 9.6%, its worst showing ever, and only the second decline in its history. The company also lost its AAA rating. As a consequence, the board of directors made Warren Buffett do some time as a sal . . . More... |
Buffett's formula a value trap for young players Thursday, 14 May 2009 10:09 VALUE investing is all about buying an investment at a rational price below what the asset is worth, a strategy that has helped Warren Buffett become so successful.It sounds simple enough, but its success lies in thorough investment analysis and cast . . . More... |
Buffett's purchase of R.C. Willey makes interesting tale Thursday, 14 May 2009 10:08 If you haven’t guessed, I’m a big Warren Buffett fan. No, he’s not the guy who sings about Margaritaville, but the billionaire investor.Apparently, several years ago, Buffett ran into the owner of the R.C. Willey furniture store, they started d . . . More... |
Utahn's book tells of sale to Buffett Thursday, 14 May 2009 10:03 In business, if you are successful enough to attract the attention of billionaire Warren Buffett, who then invests in your company, chances are you have done something right.Such was the case for Bill Child, former chief executive officer of R.C. Wil . . . More... |
White House, Warren Buffett Won't Bail Out Newspapers Sunday, 10 May 2009 09:26 This week, both billionaire Berkshire Hathaway chairman Warren Buffet and White House press secretary Robert Gibbs made clear that the newspaper industry shouldn't expect the government or the country's most influential investor to alleviate its fina . . . More... |
Local Business Leaders React to Warren Buffet Sunday, 10 May 2009 09:25 WESTFIELD, Mass. (abc40) -- Billionaire Warren Buffett says the latest recession really shook up Americans' confidence but he sees the economic slide ending.At the Westfield Chamber of Commerce meeting on Monday, there was a guarded sense of optimism . . . More... |
Even Warren Buffett Isn't Perfect Sunday, 10 May 2009 09:24 Warren Buffett has had a tough year. For someone who once quipped something to the effect that he would be happy if all his stocks went down 50% (due to the buying opportunities it would create), he does not seem too happy when it actually happens. I . . . More... |
Warren talks abt google Sunday, 10 May 2009 09:22 Interesting video on Fox Business about the Bill and Melinda Gates Foundation, which Warren Buffet has pledged a huge amount of support to. After about six minutes they get onto technology and particularly Google and search. Bill Gates says that Micr . . . More... |
Warren Buffet Exudes Optimism Over Korean Economy Sunday, 10 May 2009 09:21 Investment guru Warren Buffet predicted yesterday “bright prospects” for Korea’s economic growth, saying the country is coping well with the global economic crisis. The chairman of Berkshire Hathaway also said he bought Korean stocks with his . . . More... |
Who to replace Warren Buffet? Sunday, 10 May 2009 09:20 The CEO of Berkshire Hathaway Warren Buffet, now 78, keeps refusing to give the name of his successor. The speculation is getting more and more intense.During the annual assembly of stockholders, which took place this week-end in Omaha, the 35,000 pa . . . More... |
Best Dow, S&P returns were during recession: Warren Buffet Sunday, 10 May 2009 09:15 Warren Buffet, Chairman and CEO, Berkshire Hathaway, said the economic Pearl Harbour is past us, but the war is not over yet. He added that the best returns of Dow, S&P were during recession. ”The best year the Dow and the S&P has ever had in my in . . . More... |
Buffett faults US stress test on banks Sunday, 10 May 2009 09:14 OMAHA, Neb. - Warren Buffett criticized the government's stress tests of 19 large US banks for failing to account for strengths in lenders' business models, and said he would buy more shares of three big banks in the portfolio of his Berkshire Hathaw . . . More... |
Bonanza of Buffett is Baloney Sunday, 10 May 2009 09:13 I just got a 'butt phone call' from Omaha, Nebraska. A buddy of mine is there and he must have sat on his phone because I could hear him in the background talking to somebody else. 'Look at all those clowns, ' he was saying. 'What are they doing?' 'O . . . More... |
Warren Buffett on Executive Compensation Sunday, 10 May 2009 09:12 May 04, 2009 12:08 PM ET | Liz Wolgemuth | Permanent Link | Print The Atlantic's Megan McArdle was liveblogging the annual Berkshire Hathaway shareholder meeting in Omaha over the weekend and she shared some of Warren Buffett's remarks on executive c . . . More... |
Berkshire Hathaway Swings To 1Q Loss Sunday, 10 May 2009 09:12 Berkshire Hathaway Inc. (BRKA, BRKB) swung to a first-quarter loss despite solid growth in operating earnings at its insurance operations, as investment losses continued to mount. Though Chairman and Chief Executive Warren Buffett has recently sounde . . . More... |
A Buffett buffet: The Oracle speaks Sunday, 10 May 2009 09:11 I WAS IN Omaha, Neb., last weekend for the Berkshire Hathaway annual shareholders meeting, which included four hours of questions to Warren Buffett and business partner Charlie Munger.People came from all around the world to hear the two billionaires . . . More... |
Buffett's Berkshire squeezed by losses Sunday, 10 May 2009 09:10 NEW YORK (CNNMoney.com) -- Berkshire Hathaway Inc. reported a quarterly loss Friday that fell from year-ago results on steep losses in the value of its derivative contracts.Berkshire (BRK.A) said it lost $1.5 billion in its first quarter, compared to . . . More... |
Buffett-led Berkshire reports first quarterly loss in 8 years Sunday, 10 May 2009 09:09 New York (PTI): Revered investor Warren Buffett-led Berkshire Hathaway has slumped into a quarterly loss, for the first time in nearly eight years. Rocked by losses from derivatives and certain investments, Berkshire has reported a loss of $1.53 bill . . . More... |
Goldman Sachs Proves Big Banking More Than Just a "Numbers Game" Thursday, 16 April 2009 10:31 In what is now an investing cliché, Warren Buffett once remarked: “Be fearful when others are greedy, and greedy when others are fearful.” Goldman Sachs seems to be heeding the Oracle’s advice.Monday, the bank raised a fund with about $5.5 bil . . . More... |
Buffett's Goldman Investment Is Locked In Thursday, 16 April 2009 10:30 Warren Buffett's $5 billion investment in Goldman Sachs (GS Quote) is looking like a great deal for Berkshire Hathaway (BRK-A Quote) shareholders - and one Goldman isn't getting out of anytime soon. Rochdale Securities analyst Richard Bove argued in . . . More... |
History Says Buy Now Thursday, 16 April 2009 10:29 "Past performance does not guarantee future results."The line that inhabits nearly every review of historical market performance often proves true, at least to a certain extent. But following a recessionary period, the stock market has typically done . . . More... |
Meet the Famous Faces at Berkshire Hathaway's Annual Meeting Thursday, 16 April 2009 10:28 2008? Worst. Year. Ever. At least for Berkshire, the $113 billion holding company. That won't stop some 30,000 shareholders from trekking to Nebraska for its annual meeting. In fact, we expect they'll be more eager than ever to hear what wisdom CEO W . . . More... |
Buy It Like Buffett Thursday, 16 April 2009 10:27 t took him long enough.At the end of 2004, Warren Buffett's Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) had around $44 billion in cash. Ditto for 2005. And 2006. And, yes, 2007 as well.At one point, more than 20% of Berkshire's assets were earning . . . More... |
The Car Company Warren Buffett is Investing In Thursday, 16 April 2009 10:24 Warren Buffett hasn't just seen the car of the future, he's sitting in the driver's seat. Why he's banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. Warren Buffett is famous for his rules of in . . . More... |
Buffett Is Still Up To Snuff Monday, 13 April 2009 10:18 The living legend of value investing may not be present everywhere money is made, but his strategy certainly still pays off.Since Warren Buffett began his latest buying spree (and advised the rest of the world to "Buy American") last fall, the headli . . . More... |
Buffett’s Berkshire Advances on Gain in Wells Fargo ( Monday, 13 April 2009 10:17 By Erik HolmApril 9 (Bloomberg) -- Billionaire investor Warren Buffett’s Berkshire Hathaway Inc. rose the most in two weeks after one of its largest holdings, Wells Fargo & Co., posted a first-quarter profit of about $3 billion. Berkshire jumped $3 . . . More... |
This Is Why Warren Buffett Says It's a "Great Time to Be in Banking" Monday, 13 April 2009 10:15 If you were listening carefully to Warren Buffett on CNBC one month ago today, you heard him say, "This is a great time to be in banking."It may not have made sense to you then, but it should today.Wells Fargo shares soared 31.7 percent today (Thursd . . . More... |
Financial WMDs hit Warren Buffet Monday, 13 April 2009 10:13 Worried about your credit rating in this economy? You're not alone. Even Warren Buffett isn't immune to the financial downdraft. This week, the credit rating agency Moody's dropped Berkshire Hathaway's rating from AAA to AA2.Fitch took Berkshire down . . . More... |
Warren Buffett Taken Down a Notch Again Monday, 13 April 2009 10:12 Moody’s downgraded Berkshire Hathaway and its marquee re-insurance business National Indemnity on April 8, more evidence that the meltdown has flummoxed even the most famous investor in America. The move follows Fitch’s downgrade a month earlier. . . . More... |
Economic Pearl Harbour' will resolve: Warren Buffett Part 3 Monday, 13 April 2009 10:10 Q: There's a question that came in from Kevin in Tifton, Georgia. He says, "I keep hearing people like Doug Kass say that your style of buy and hold investing is dead. Do you think that's true?"A: Well, it depends on what you buy and hold. If you buy . . . More... |
Economic Pearl Harbour' will resolve: Warren Buffett Part 2 Monday, 13 April 2009 10:06 Q: OK. You talked about how this was an economic Pearl Harbor. Dan from Spring Lake Heights in New Jersey writes in, and he wants to know was our financial system just hours, days away from collapse?A: In September, I think it was. If there was a wee . . . More... |
Economic Pearl Harbour' will resolve: Warren Buffett Part 1 Monday, 13 April 2009 10:01 While all the questions couldn’t be answered, the world’s most famous investor did talk about his view of the economy, on stocks and his thoughts on how Washington is dealing with the financial crisis. He also be shared his solutions to the “ec . . . More... |
Goldman Sachs has the Buffett rachet to deal with Tuesday, 07 April 2009 10:11 All the Wall Street firm needs to do is replenish some of the funds by selling new stock, right? Not so fast. Goldman still needs to reckon with Warren Buffett. The septuagenarian’s conglomerate, Berkshire Hathaway, injected $5bn into Goldman last . . . More... |
Leave Buffett Alone! Tuesday, 07 April 2009 10:10 By his own admission, Warren Buffett made some dumb investments in 2008. Many people are questioning whether he has permanently lost his winning ways. But, reports of his demise will likely be greatly exaggerated.You know, it's time to leave Warren B . . . More... |
Is Warren Buffett AIG-Proof? Tuesday, 07 April 2009 10:09 Who needs six degrees of Kevin Bacon when you can play six degrees of AIG (NYSE: AIG) instead?Since the witch hunt continues for anyone linked to the maligned insurer's money, isn't it really just a matter of time before public scrutiny begins to rai . . . More... |
Buffett Is No. 5 on U.S. Bailout List Tuesday, 07 April 2009 10:08 An investigation by the Sacramento Bee newspaper revealed that Warren Buffett's holding company Berkshire Hathaway is fifth on the list of largest investors being helped by federal bailout funding. Buffett’s holding company Berkshire Hathaway has . . . More... |
Buffett Said to Benefit from Bank Rescues Tuesday, 07 April 2009 10:05 SACRAMENTO, Calif. — Billionaire investor Warren Buffett has been lauded for his plainspoken denunciation of the greed and foolishness behind the economic crisis. He’s pushed the massive federal bailout of imploding banks as the essential respons . . . More... |
Buffett's Biggest Mistake Tuesday, 07 April 2009 10:03 By Rich Greifner April 6, 2009 | Comments (5) Recs35 It doesn't happen often, but it does happen. Once in a blue moon, even the great Warren Buffett makes a mistake.In his latest annual letter to his Berkshire Hathaway (NYSE: BRK-A) shareholders, Bu . . . More... |
Buffett's Berkshire: Buying All of Burlington? Friday, 03 April 2009 06:56 When evaluating rumors, you have to decide if the chatter meets the three Vs: volume, volatility and valuation. Let's apply it to today's speculation about billionaire investor Warren Buffett. Berkshire Hathaway(BRK.A Quote - Cramer on BRK.A - Stock . . . More... |
Warren Buffett's biography bucks credit crunch Friday, 03 April 2009 06:51 As the stock markets crumble around their ears, investors have become increasingly hungry for insights from the world's top financial brains.Publisher Bloomsbury yesterday revealed that sales of a biography of legendary investor Warren Buffett have s . . . More... |
Buffett's Borrowing Costs Are Higher Than Fannie Mae's Friday, 03 April 2009 06:47 n his annual letter to shareholders, Warren Buffett warned that it was "better to be a financial cripple with a government guarantee than a Gibraltar without one.” Strong firms like Berkshire Hathaway that aren't on the dole were paying more for ca . . . More... |
This Is Why Buffett's Buying Stocks Friday, 03 April 2009 06:44 You think you've had a bad year? Poor Warren Buffett has seen more than $25 billion evaporate from his net worth in the past year.Adding insult to injury, he's been criticized for the awful performance of investments in Goldman Sachs and General El . . . More... |
Trott’s New Role Spurs Talk on Buffett Succession Friday, 03 April 2009 06:39 March 31 (Bloomberg) -- Byron Trott’s departure from Goldman Sachs Group Inc. after 27 years to run a Berkshire Hathaway Inc.-financed venture fund is fueling speculation he may succeed Warren Buffett as head of the billionaire investor’s $130 bi . . . More... |
Don't get caught if the Treasury 'bubble' bursts Monday, 30 March 2009 10:56 Q: Warren Buffett said Treasuries are in a bubble right now. What does that mean? A: Warren Buffett's annual letters to Berkshire Hathaway investors are always worth reading. The letters are one part common sense, one part business sense and one part . . . More... |
Book Review: Warren Buffett and the Business of Life Monday, 30 March 2009 10:54 The first quarter of the year is coming to a close. Where has the time gone? I feel like I have been more time constrained than ever before this year; perhaps one of the reasons for that is the amount of reading I have been doing. Part of that is the . . . More... |
How the world ignored Warren Buffett Monday, 30 March 2009 07:41 Kelly McParland: How the world ignored Warren Buffett, and paid the price There are any number of lessons one could take away from reading The Snowball, Alice Schroeder’s masterful biography of Warren Buffett, but probably the most striking is how . . . More... |
Warren Buffet’s Goldman Sachs Deal Actually Starting To Look Good Thursday, 26 March 2009 07:06 Warren Buffet’s Goldman Sachs Deal Actually Starting To Look GoodLast October perhaps the world’s greatest investor whose nickname “The Sage of Omaha” makes him sound more like a wrestler than an investor invested US$5 billion in venerable in . . . More... |
What Rolex does Warren Buffett prefer ? Monday, 23 March 2009 16:59 From a Press Release: Forbes magazine recently released its annual list of billionaires showing that Warren Buffett is the nation's richest man. Though Mr. Buffett is among the world's wealthy elite, his choice in a trusty timepiece is nothing less t . . . More... |
White House clarifies Buffett's remarks Thursday, 19 March 2009 04:33 . . . More... |
Buffett loses "Richest Billionaire" Title Wednesday, 18 March 2009 17:57 Warren Buffett Loses "World's Richest Billionaire" Title Warren Buffett has lost the title of "World's Richest Billionaire" along with $25 billion dollars in the wake of the global financial crisis. The 2009 rankings, just released by Forbes magazi . . . More... |
Warren Buffett: "Odds Favor" U.S. Acquisition Wednesday, 18 March 2009 17:31 Thursday, 12 Mar 2009Warren Buffett: "Odds Favor" U.S. Acquisition By Berkshire - Bloomberg InterviewWarren Buffett says it's more likely Berkshire Hathaway will make a domestic acquisition before it buys a foreign company, because there are more opp . . . More... |
Fitch downgrades Berkshire Hathaway Wednesday, 18 March 2009 04:17 Berkshire Hathaway has lost its AAA credit rating from Fitch, but it doesn't look like the change is primarily due to any recent 'mistakes' by Warren Buffett and his holding company. . . . More... |
So How much is Warren Buffett's salary ? Wednesday, 18 March 2009 03:55 Berkshire Hathaway Spent $316,000 On Warren Buffett's Security Last YearToday's headlines along the lines of Warren Buffett Takes Home $491,000 from Berkshire might cause a moment of confusion for long-time Buffett watchers.After all, Buffett's annua . . . More... |
Buffett on Financial Crisis Monday, 02 March 2009 20:18 Financial CrisesTimothy Geithner positive on marketsIts happened before too: BuffettBuffet's partner on financial crisesWhat really caused the oil price swingGrowth of Global Money SupplyA visual Guide to the financial crises... . . . More... |
Articles - Warren Buffett Saturday, 07 July 2007 09:54 This section contains articles written on and by Warren Buffett. This section is continously updated so keep on checking regulary, better still, bookmark us. Click on the 'Read more' link below Articles by Warren Buffett : . . . More... |
Warren Buffett News Saturday, 07 July 2007 09:54 Warren Buffett in the News Warren Drops to second richestWarren says he called the bottom earlyIs Warren Buffett crazyBerkshire Hathaway Portfolio updateWarren Buffet shows interest in Tiffany'sWarren Buffet: The secret of his successBuffet on zero . . . More... |
Warren Buffett Quotes Saturday, 07 July 2007 09:54 A public-opinion poll is no substitute for thought. - Warren BuffettI always knew I was going to be rich. I don't think I ever doubted it for a minute. - Warren BuffettI am quite serious when I say that I do not believe there are, on the whole earth . . . More... |