Warren Buffett


  • Warren Buffett: Confidence in Kraft? Monday, 30 Jul 2007 | 2:11 PM ET
    Boxes of Kraft Macaroni and Cheese are seen Wednesday, April 19, 2006, in Milwaukee. Kraft Foods Inc. releases first-quarter earnings after the bell.  (AP Photo/Morry Gash)

    In what may be a "vote of confidence" in Kraft Foods' turnaround strategy, Warren Buffett's Berkshire Hathaway has acquired a "small stake" in the company, according to the Wall Street Journal. The paper quotes a "person familiar with Berkshire's share purchase" as saying it represents less than 5% of Kraft's $55 billion market capitalization.

  • Just one day after a Wall Street Journal report that Warren Buffett is buying shares of Kraft Foods, we get word today that he's sold a small slice of his stake in PetroChina, the big Chinese oil company. The AP reports there's "no indication whether he was responding to demands by activists to cut his ties to the company due to its investments in Sudan." But the very small size of the sale, about 17 million shares worth just $27 million, would appear to make it a slight adjustment rather than any kind of message.

  • Buffett's Berkshire Buys Small Stake in Kraft: WSJ Thursday, 26 Jul 2007 | 4:34 AM ET
    Boxes of Kraft Macaroni and Cheese.

    Warren Buffett's Berkshire Hathaway has bought a small stake in Kraft Foods, according to the Wall Street Journal.

  • Bond Billionaire Backs Buffett Wednesday, 25 Jul 2007 | 10:21 AM ET

    One of the most respected investors in the world of bonds is going on record supporting higher taxes for the nation's super-wealthy, echoing Warren Buffett's controversial call to 'Tax the Rich.' In his most recent market letter, Pimco's Bill Gross comes out strongly in favor of raising taxes on the super-rich to "rectify today’s imbalances."  

  • Where's More Warren? Thursday, 19 Jul 2007 | 4:10 PM ET

    We have a lot more Warren Buffett on the CNBC.com site.  Check out All About Buffett which includes our special report The Billionaire Next Door featuring some fascinating in-depth conversations Buffett taped in Omaha with our own resident Buffett-expert Liz Claman.  You can also see a slideshow from CNBC's The Big Idea with Donny Deutsch: My Dad is Warren Buffett in which Howard, Susie and Peter Buffett share family snapshots.  You can also get the latest quote and lots of other data about Buffett's Berkshire Hathaway in CNBC.com's stock tools section.

  • Coca-Cola bottles are displayed at Andronico's Market in San Francisco, Saturday, July 15, 2006. The Coca-Cola Co., the world's largest beverage maker, reports a 7 percent increase in second-quarter profit on a modest rise in sales.  (AP Photo/Jeff Chiu)

    There's a long tradition on Wall Street of asking whether Warren Buffett has peaked. During the Nasdaq run-up around Y2K, he was called "extinct" for staying out of tech stocks because he didn't understand how they made money. Even now, you see references to him possibly losing his "edge."  Flashback to 1988, when Buffett bought a lot of Coca-Cola stock, even after it had gained almost 20% a year for eight years.  Wall Street thought he was "crazy."  There are valuable lessons to be learned by looking back to see why he wasn't.

  • Is Hovnanian a Buffett-Style Bargain? Tuesday, 17 Jul 2007 | 1:42 PM ET
    A reduced price is posted on a home for sale in the Los Feliz neighborhood of Los Angeles  Wednesday, June 13, 2007. Home sales in six Southern California counties slowed in May to a 12-year low for the month, with Riverside and San Bernardino counties posting the biggest annual declines, according to a report released by DataQuick Information Systems. (AP Photo/Damian Dovarganes)

    Hovnanian shares have come down from their high of almost $19 Friday, after getting a late-week boost from lots of speculation Warren Buffett might be interested in buying the beaten-back homebuilder as a value play. Sham Gad, a fan of Buffett's, writes on Motley Fool today that while he has no idea if Buffett really is interested in Hovnanian, it's still worthwhile to do your own Buffett-style analysis to see if the supposed target might be a good buy.

  • Buffett on BizWeek's 'Big Brain' Top 10 List Monday, 16 Jul 2007 | 5:20 PM ET

    Business Week has just released its list of the "biggest brains" in investing .. and no surprise .. Warren Buffett makes the cut. (I think we all would have been surprised if he hadn't.)  What can Buffett and the rest of the top 10 teach the rest of us?

  • Stop Trading! Monday, 16 Jul 2007 | 1:59 PM ET

    Speculation that Warren Buffett could buy a stake in Hovnanian sent the homebuilders up. But on "Street Signs" today Cramer explained why there's a more likely target. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Buffett's Not-So-Tough Choice: Barack or Hillary? Friday, 13 Jul 2007 | 4:51 PM ET

    Warren Buffett's political life is getting more attention. Today, the Associated Press has a piece on how he "may have to apply his legendary stock-picking skills" in the race for the White House. As was pointed out when he hosted a fundraiser for Hillary Clinton, Buffett hasn't rushed to make an endorsement, praising both Clinton and Barack Obama as excellent Presidential material. He's even talked up a potential Michael Bloomberg-Arnold Schwarzenegger ticket: "That would be one hell of a team, wouldn't it?"

  • Shares of the beleaguered home builder Hovnanian are up sharply today amid rumors that Warren Buffett's Berkshire Hathaway is buying a stake in the company. Optionmonster.com founder and frequent Fast Money player Jon Najarian is quoted as saying, "There is talk that Warren Buffett is buying a stake in Hovnanian."  But our own Bob Pisani at the NYSE points out that one would expect to hear this kind of rumor on a slow Friday in July.

  • Buffett, Murdoch, Among Allen Conference Biz Leaders Thursday, 12 Jul 2007 | 11:46 AM ET
    Rupert Murdoch

    It's been a whirlwind here at the Allen & co. Conference--watching and interviewing all the biggest names in the media world. Everyone's paying close attention to Rupert Murdoch. He rushed into the Sun Valley Inn Wednesday morning just in time for breakfast. .

  • CNBC's Domm: Today's Agenda in the Markets Thursday, 12 Jul 2007 | 8:59 AM ET

    An explosive bid for Canada's Alcan is giving a positive psychological lift to stocks as traders watch a flood of monthly sales reports from retailers.

  • Buffett: I'm Here for the 'Freeloading' Wednesday, 11 Jul 2007 | 5:35 PM ET

    Billionaire investor Warren Buffett jokingly told CNBC today he came to the high-profile Allen & Co. media conference in Sun Valley, Idaho, for "the freeloading."

  • "Freeloading" Warren Buffett Talks to CNBC in Sun Valley Wednesday, 11 Jul 2007 | 5:26 PM ET

    Our CNBC team at the big Allen & Co. media conference in Sun Valley has just reported back that they spoke with Warren Buffett .. on-camera .. a short time ago. Producer Lacy O'Toole and reporter Julia Boorstin have sent back first word on his comments as they head to a video feed point.

  • "Freeloading" Buffett in Sun Valley: The Video Wednesday, 11 Jul 2007 | 5:24 PM ET

    The video promised in my previous post of a self-proclaimed "freeloading" Warren Buffett speaking with our own Julia Boorstin at the Sun Valley media conference has arrived. Take a look.

  • James B. Stewart's Buffett-Like Stock Picks Wednesday, 11 Jul 2007 | 12:26 PM ET

    James B. Stewart is the Pulitzer-Prize winning author and former Page-One editor at the Wall Street Journal responsible for two of the best business books I've ever read: Den of Thieves (1991) and DisneyWar (1995).  He's also a Warren Buffett fan, and his recent Smart Money column focuses on a Buffett theme we've touched on in the last few days: "Investors Should Heed Warren Buffett's Free Advice."  In it, he looks at the performance of two stocks he recently picked using the "Buffett philosophy."

  • Warren Buffett's Lessons for Small Investors Monday, 9 Jul 2007 | 3:41 PM ET

    Why can't everyone invest like Warren Buffett?  Two recent pieces on the web address that question and offer practical "how to" lessons for small investors.

  • Buffett Delivers Annual Gift to Charity Monday, 9 Jul 2007 | 3:35 PM ET

    The five foundations billionaire Warren Buffett has pledged most of his $49 billion fortune to received their second annual gifts of Class B shares of Berkshire Hathaway on Monday.

  • Buffett's $2B Giveaway: Less is More Monday, 9 Jul 2007 | 3:23 PM ET
    Bill Gates, left, Melinda Gates and Warren Buffett pose for a picture after a press conference Monday, June 26, 2006 in New York.  Warren Buffett, the chairman of Berkshire Hathaway, recently announced his intention of giving 10 million shares of his company to charitable organizations, the majority going to the Bill and Melinda Gates Foundation.  (AP Photo/Seth Wenig)

    Warren Buffett is giving more, even though he is giving less. A news release a short time ago from Berkshire Hathaway reveals that today Buffett gave just over 572,000 shares of Class B shares to five foundations, with most going to the Bill and Melinda Gates Foundation. It's part of his pledge made just over a year ago to eventually give away 85% of his Berkshire stock.