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.
They're both famous, they're both very wealthy and they both don't want to get paid in U.S. dollars right now if they can avoid it. One major difference: she dresses better.
The Wall Street Journal points out this morning that Warren Buffett has been increasingly selling derivatives, which he described a few years ago as "financial weapons of mass destruction."
Lots of people call on Warren Buffett for support. But this particular call for support is, well, somewhat unusual. In the new issue of Time Magazine, Senior Editor Belinda Luscombe, writes an open letter to Mr. Buffett, calling on his support on behalf of "the women of America" because "they need you. Badly."
Operating earnings at Warren Buffett's Berkshire Hathaway fell slightly in the third quarter, with a big drop in profits for its insurance-underwriting operations.But the company posted a big increase in net earnings due to a $2 billion dollar one-time gain from sales of investments (PetroChina!)
A preview of Berkshire Hathaway's third quarter earnings report, to be released after the close of trading today.
The Tom Brokaw piece on NBC Nightly News Monday night highlighting Warren Buffett's call for a higher tax rate on very wealthy Americans includes an excerpt from a sit-down interview with Buffett. We're now able to bring you Brokaw's complete interview with Buffett, only on CNBC.com.
Warren Buffett's call for higher tax rates on the nation's wealthiest taxpayers got a high profile spotlight last night on NBC Nightly News, which aired a Tom Brokaw piece featuring a sit down interview with Buffett. This morning, on CNBC's Squawk Box, Brokaw joined Becky Quick, Carl Quintanilla and Joe Kernen to play an extended excerpt from his Buffett interview and to chat afterward. Joe took the opportunity to challenge Buffett's views, getting into a quasi-debate with Brokaw.
CNBC's Becky Quick traveled exclusively with Warren Buffett on a whirlwind tour of China and South Korea. In this report, she explains what lured Buffett away from home base in Omaha to make the big trip. That's followed by an interview with Buffett-watcher Whitney Tilson, to examine how to think and invest like Warren Buffett.
CNBC's Becky Quick traveled exclusively with Warren Buffett on a whirlwind tour of China and South Korea. All this morning on Squawk Box, she is reporting in-depth on the trip and what it tells us about Buffett's investment philosophy. In this excerpt from an interview with Buffett while he and Becky were flying to China, he talks about the prospects for his investment in that country and why the Chinese people should be petitioning to get one particular Berkshire Hathaway product.
CNBC's Becky Quick traveled exclusively with Warren Buffett on a whirlwind tour of China and South Korea. All this morning on Squawk Box, she is reporting in-depth on the trip and what it tells us about Buffett's investment philosophy. In this report, Becky shows us the warm, and sometimes wild, reception Buffett received in China and we see how he handled the local cuisine.
CNBC's Becky Quick traveled exclusively with Warren Buffett on a whirlwind tour of China and South Korea. All this morning on Squawk Box, she is reporting in-depth on the trip and what it tells us about Buffett's investment philosophy. In this excerpt of a sit-down interview in China with Becky, Buffett talks about whether China's stock market is in a "bubble" and whether free trade is helping or hurting the United States.