Warren Buffett's Berkshire Hathaway is paying almost $1 million to the government for failing to make disclosures required by antitrust law ... again.» Read More
Warren Buffett's Berkshire Hathaway has sold some more of its stake in PetroChina. The question is: Is Buffett selling for the profits or to make a statement against China's human-rights record in Darfur?
U.S. investor Warren Buffett's Berkshire Hathaway sold more of its stake in top Chinese oil producer PetroChina in late August, selling about US$136 million worth of shares, as it took profits on what has been a lucrative holding.
One hallmark of Warren Buffett's incredibly successful investment style is that he tries to keep his emotions out of it. Buffett gets a substantial mention in USA Today's review of a new book on how money, and more importantly the prospect of money, physically affects the brain.
Warren Buffett was ranked #5 by Vanity Fair last week in its annual list of powerful people. Today, Mr. Buffett's holding company sits at number one in the third annual Barron's ranking of the world's most respected companies.
WBW has been reporting extensively on Warren Buffett's repeated purchases of Burlington Northern stock. Today there are a couple of pieces on the web exploring what makes Burlington and the railroads attractive.
A man carrying a fake gun and wearing dark camouflage paint on his face was being sought Thursday for attempting to break into billionaire Warren Buffett's home in Omaha, Nebraska, police said.
CNBC's On the Money program started its newscast tonight with the latest on what police suspect was an attempted robbery at the Omaha home of Warren Buffett last night. Omaha Police Department Deputy Chief Eric Buske told our Melissa Francis in a live telephone interview that while can't be sure about the suspect's motives until they apprehend him, they are treating the incident as a robbery attempt and taking it "very seriously."
Warren Buffett told CNBC's Becky Quick a short time ago by phone that both he and his wife are "fine" after an incident last night at his Omaha home that's being described as an attempted break-in.
A security guard prevented an attempted break-in at Warren Buffett's Omaha home last night. Police reportedly say a man with camouflage paint on his face and a fake gun fled the scene after a scuffle with a security guard at Buffett's home. The suspect is being sought. Mr. Buffett and his wife were home at the time. They were not injured.
Warren Buffett is #5 on the just-released Vanity Fair 100 list, the magazine's annual "power ranking." That's up one slot from last year's #6 ranking, dislodging his good friend Bill Gates. The ranking appears in the new October issue which features, inexplicably, Nicole Kidman on the cover rather than Mr. Buffett. (What were the editors thinking!)
At TheStreet.com's Stockpickr, James Altucher singles out some stocks that have two things going for them. First, they have big stock buybacks underway .. and second, they're already in Warren Buffett's portfolio.
It's becoming increasingly apparent that Warren Buffett is in the process of putting a big bet on the Burlington Northern freight railroad. In an SEC filing late tonight, Warren Buffett's Berkshire Hathaway indicates it plans to raise its stake to 17% and it has told Burlington its stake could hit 25%.
An excellent source, Janet Tavakoli, who knows more about the credit markets and asset-backed securities than I ever ever want to, sent me the following note over the holiday weekend. I consider it worth sharing, despite its conclusion, with which some may disagree. Not my place to take a side, but I do think, on the blog, opinions, especially from someone of her caliber, are worth sharing...
Stocks closed broadly lower as already jittery investors expressed disappointment that the latest Fed minutes showed policymakers were reluctant to cut interest rates. "The comments from the Fed not indicating that a rate cut was imminent and further deterioration in the financial sector -- all of this combined and we're down substantially here," said Brian Schaeffer, an NYSE floor specialist at Van der Moolen.
Warren Buffett's Burlington Northern has bought more shares in the freight railroad Burlington Northern, the fourth round of buying this month.
Warren Buffett Watch celebrates Mr. Buffett's 77th birthday today.
It's the day after all the reports of Warren Buffett's Berkshire Hatahway buying some 10.1 million shares of Burlington Northern. CNBC's Becky Quick led the on-air discussion of what the 'Oracle of Omaha' may be up to. Take a listen if you will. (BRK now owns 14.8% of BNI.)
Warren Buffett's company has bought 10.1 million shares of Burlington Northern Santa Fe since Thursday, increasing the legendary investor's stake in the nation's No. 2 railroad to nearly 14.8%.
It's finally happening: analysts are lowering estimates on investment banks, just a few days before the quarter closes for many of them. Merrill Lynch's Guy Moszkowski downgrades Bear Stearns, Lehman Bros. because of their greater dependence on debt markets; they note that Merrill and Morgan Stanley are more diversified.
For the third time this month, Warren Buffett's Berkshire Hathaway holding company has reported boosting its stake in the freight railroad Burlington Northern, more evidence that Mr. Buffett sees the stock as undervalued. And this third round of purchases is much bigger than the previous two.