This media company has "Warren Buffett's kind of community newspapers," said Smead Capital Management's Bill Smead, who also likes an insurer and a biotech company.» Read More
Fortune senior editor Alex Taylor III writes in his column today that we shouldn't pay too much attention to Berkshire Hathaway's addition of CarMax to its portfolio because Berkshire Chairman Warren Buffett "wasn't directly involved in the purchase." But does it really make sense for imitators to try to distinguish between Buffett and his holding company?
A new study by two university professors proves what a lot of savvy investors have known for years: buying the stocks Warren Buffett buys will make you a lot of money. And they say, you don't even have to do the "imitation" buying immediately after Buffett discloses his purchases.
In a CNBC Exclusive video interview, baseball star Alex Rodriguez talked with our own Becky Quick about how he wants to play for the Yankees and about his friend, Warren Buffett, who appears to have played a role in getting A-Rod back with the Bronx Bombers.
Warren Buffett's high-profile visit to Washington last week is generating some criticism from some of those opposed to his "Tax the Rich" campaign. Here's a sampling.
Don't you find it ironic that it was Warren Buffett who advised Alex Rodriguez to initiate contract talks with the Yankees without Scott Boras? It's ironic because Buffett is a tremendous sports fan, but acknowledged last August--in a stellar article by Murray Chass of the New York Times that he thinks buying a sports team is essentially a very big waste of money.
Warren Buffett knows baseball, knows money and has a lot of common sense. So it shouldn't be a surprise that baseball star Alex Rodriguez would turn to the Omaha billionaire when he found himself needing some common sense advice about baseball and money.
Charlie Munger, Vice Chairman of Berkshire Hathaway and Warren Buffett's longtime investing partner, has sold a very small slice of stock in Buffett's holding company. In a filing a short time ago with the SEC, Munger discloses that he sold a 200 Class A Berkshire shares yesterday and today, generating $27,256,400.
Berkshire Hathaway's nearly 14 million shares of Carmax are worth substantially more at today's closing bell than they were 24 hours before. The big rally follows the revelation in an SEC filing by Warren Buffett's holding company that it held 13,981,800 shares of the nation's biggest used-car retailer as of September 30, the end of Berkshire's third quarter.
Wells Fargo believes the nation's housing slump is the worst since the Great Depression and is far from over, Chief Executive John Stumpf said Thursday.
Good and bad news this morning. Good news: CPI in line with expectations. --More relief on the subprime front. UBS said they do not expect a major write-down of subprime-related exposures.
Billionaire Warren Buffett's holding company bought nearly 14 million shares in Carmax , the largest specialty used-car retailer in the United States.
Check out this web-only video clip showing some behind the scenes shots after today's appearance by Warren Buffett before the Senate Finance Committee, including a long walk down the hallway and an elevator that "doesn't stop for billionaires."
This is live real-time blog coverage of Warren Buffett's appearance before the Senate Finance Committee for a hearing on estate taxes.
Warren Buffett has arrived here in Room 215 of the Dirksen Senate Office Building, ready for his appearance a little later this morning before the Senate Finance Committee. The guards are saying a big crowd is expected. No surprise when Buffett's involved.
Today's Wall Street Journal Heard on the Street column quotes some unnamed "people familiar with the matter" as saying Warren Buffett's Berkshire Hathaway could make big profits by throwing a "lifeline" to bond insurers hurt by excessive fears over credit market losses.
Warren Buffett, chairman of Berkshire Hathaway, may cash in from the credit market turmoil and worries surrounding the financial strength of bond insurers, including Ambac Financial Group and MBIA, the Wall Street Journal said in its online edition on Monday.
Some of Warren Buffett's fellow bilionaires in the Forbes 400 speak out on his million-dollar challenge over tax rates and the very wealthy. So far, no takers.
Warren Buffett will be heading to Washington next Wednesday, to testify against eliminating the nation's estate taxes. It appears to be part of Buffett's "billionaires like me don't pay enough in taxes" campaign, which has not exactly caught on among his fellow members of the Forbes 400 club.
It turns out that supermodel Gisele Bundchen isn't siding with Warren Buffett as a U.S. dollar bear after all, her manager tells CNBC.
Contrary to earlier reports, supermodel Gisele Bundchen has NOT asked to be paid in euros instead of dollars, her manager told CNBC.