In this week's Talking Squawk, the official "Squawk Box" blog—get a Warren Buffett rewind, Carl Icahn unleashed and maybe meet the next WhatsApp disruptor.» Read More
Warren Buffett sees more philanthropy in the world's future and he's strongly hinting that one of Blackstone's prime beneficiaries is part of the trend. In what appears to be a reference to Blackstone co-founder Pete Peterson, Buffett told Bloomberg TV, "I know of one fellow that's just been involved in a public offering. I think he's going to be setting up a billion-dollar foundation."
WSJ.com's MarketBeat blog points out today that Google's recent surge to all-time highs pushed the company's stock market value above Berkshire Hathaway's earlier today. But it didn't last all that long. At the close of trading Monday, Google's market cap stands at $164.32 billion, a bit over $1 billion below Berkshire's $165.71 billion. The horserace continues tomorrow.
The college team described (favorably) as the 'Buffets of Baseball' .. detailed in this post last Wednesday ... are now the first team in 10 years to win the College World Series two years in a row. Earlier tonight in Omaha, the Oregon State Beavers defeated the North Carolina Tar Heels 9 to 3, sweeping the best-of-three games final. It was a visit to Warren Buffett's modest house in Omaha that prompted Oregonian sportswriter John Canzano to write about the "common ground" between Buffett and the Beavers, calling them both "unpretentious, frugal, intelligent, remarkably understated and modest."
The fifth annual auction of a lunch with Warren Buffett began tonight. Bids are being accepted on eBay through 10PM ET this coming Friday, June 29. But it's not a game just anyone can play. The minimum first bid is $25,000 and all bidders must pre-qualify to discourage jokesters.
Now Jim Cramer himself is providing his take on Warren Buffett's stock picks. In a post earlier today, we showed you a Cramer-Buffett comparison from Stockpickr (a subsidiary of Cramer's own TheStreet.com).On Mad Money tonight, Jim went into even more detail but the results are similar: they agree more than they disagree .. no matter what you might have thought.
On the surface, long-term "sensible" investor Warren Buffett and "Mad Money" trader Jim Cramer appear to have two very different styles and you wouldn't expect much agreement between them. But Stockpickr (a subsidiary of TheStreet.com) president James Altucher did some analysis of Cramer's take on Buffett's stocks and found a lot of common ground.
The Oregon State baseball team is in Omaha for the College World Series. John Canzano, covering the team for "The Oregonian" newspaper, stopped by Warren Buffett's famously unpretentious house, chatted with the neighbors, and found "common ground" between the billionaire and the baseball team.
This is a new kind of blog for CNBC.com. Its focus isn't a CNBC personality, but he is someone almost everybody knows: Warren Buffett. My goal is to keep an eye on Warren Buffett, and what people are reporting, blogging or saying about Warren Buffett and his investments. He is, after all, one of the most successful investors of all time and his easy-going, plain-folks persona has made him a hero to many.
Welcome to Political Capital. If you’ve seen me on TV you know that my business is politics. And in one way or another, politics is everyone’s business. It sometimes looks like a game, but the outcome shapes the taxes you pay and the rules of the road for economic competition–-in the U.S., and around the world. Here at Political Capital, I’ll take you behind the headlines to offer my take on events and issues facing Congress, the White House, and the key places in the 2008 race for the presidency. From Washington or the campaign trail, I’ll explain what’s happening-–and why. Let’s get started.
Billionaire investor Warren Buffett tells CNBC that if a partnership and a corporation are essentially run the same way, it "seems illogical" to tax the partnership at a lower rate than the corporation.
Wall Street’s is a fashion show, and the best traders in the market choose what’s hot or not. So the strategy is to figure out which stock will walk the runway next.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.
The recent wave of M&A and private equity has missed the larger packaged food manufacturers, but the sector remains on the radar screen of private equity players, who could be poised to begin a new round of deal-making.
Warren Buffett's Berkshire Hathaway announced Friday it will acquire jewelry makers Bel-Oro International and Aurafin in a deal that would create the largest jewelry supplier in the United States.
Most analysts believe the market is due for a modest correction, but many traders are reluctant to sell in the face of strong earnings, massive liquidity and daily deals. "I don't think there's anything to be that bearish about," Stephen Leeb, research chairman for The Complete Investor, told CNBC.com. "There's no recession, valuations are basically very reasonable and there are massive amounts of cash on the sidelines."
Two funds are leading a charge to overturn the rules that require them to file quarterly holdings information, maintaining that such disclosures are trade secrets.
Billionaire investor Warren Buffett revealed the names of two railroad stocks recently purchased by his holding company Berkshire Hathaway, according to documents filed with the U.S. Securities and Exchange Commission.
Warren Buffett, known for buying undervalued stocks, is boosting his bet on health care, a sector known more for growth than value.
Our stocks editor, Bob O’Brien, refers to me as The King Of All That Is Trivial, and he’s right on. I love trivia, and when it’s relevant to one of our stories, so much the better. ... An item from SunTrust Banks caught my eye this morning: it’s sold 4.5 million shares of The Coca-Cola Co. SunTrust is the second largest institutional shareholder of Coca-Cola behind Warren Buffett’s Berkshire Hathaway. And not only that, it’s had Coca-Cola shares since 1919. And not only that...
Business in Israel is booming, despite the ongoing conflict with its Arab neighbors and the ever-present threat of terrorism and military conflict.
Earlier this week, we aired a show in which I sat down with Warren Buffett's kids: Susie, Howard and Peter. In an act of unprecedented generosity, their father last year announced plans to give away nearly $30 billion to charity, much of it to the Gates Foundation. But the question on everyone's minds: what about the kids?