Warren Buffett had a couple of billion-dollar loser days in October, and so far January isn't doing him any favors either.» Read More
CNBC's Liz Claman Interview with Warren Buffett
It's fitting that billionaire investor Warren Buffet is from Nebraska, a state known for the slogan, "The Good Life."
Here at the breaking news desk, we have a pretty good handle on what’s news, but sometimes the fact that news is going to happen becomes the news itself. Usually, when I start off the daily blog with a statement like that, the reaction is a universal “What? Speak English!”. But stay with me here, because this one involves the forthcoming investment proclamations of one Warren Buffett, the world’s second richest man.
A $45 billion megawatt merger could light up at least a few stocks this week. The guarded stock market will otherwise focus on rising oil prices, housing numbers, a batch of economic data, Fed speakers, and the drama surrounding Iran. The oracle of Omaha will issue his latest words of wisdom after the bell Thursday and a few big earnings will make news. Of course, everyone will be watching the Oscars.
Billionaire Warren Buffett's holding company Berkshire Hathaway revealed Wednesday that it bought $774.3 million in U.S. Bancorp stock last year, adding to the bank holdings already in the company's $52.8 billion stock portfolio.
The portfolio manager and short-selling expert offers CNBC’s Erin Burnett his “possible improbables” for 2007.