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Warren Buffett

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  • After ending 2007 with a gain of almost 29%, their best year since 1998, shares of Warren Buffett's Berkshire Hathaway have been showing some weakness in the New Year. Today's "Ahead of the Tape" column in The Wall Street Journal has an idea about what's pulling down BRK.

  • Warren Buffett's Berkshire Hathaway reveals in an SEC filing today that it has bought almost 30,000 additional shares of the freight railroad Burlington Northern Santa Fe.  While this most recent purchase is relatively small, it is Buffett's first Burlington buy since October.

  • Central Park and midtown Manhattan are shown in this aerial view Wednesday, Aug. 29, 2007, in New York. (AP Photo/Mark Lennihan)

    Warren Buffett's brand-new municipal bond insurer, Berkshire Hathaway Assurance Corporation, has sold its first coverage, backing a $10 million bond issued by New York City yesterday.  Ajit Jain, who runs Berkshire's insurance businesses, tells the New York Times, "We're tip-toeing into the market, doing very small deals. We want to see if we can get the pricing that we find acceptable to us. Once we find this is real, we'll put in a lot more capital." He also describes how a call from a New York regulator played a key role.

  • The man who oversees the insurance operations for Warren Buffett's Berkshire Hathaway tells CNBC that Berkshire is talking with troubled bond insurers like MBIA and Ambac about a possible partnership or purchase, although it doesn't sound like anything major is imminent.  Ajit Jain's comment came in response to a question from Erin Burnett in a live interview on CNBC's Street Signs about why Berkshire chose to "build" its own bond insurer rather than buy an existing company like Ambac or MBIA.

  • Warren Buffett, right, chairman of Berkshire Hathawy Inc., speaks to the media while Ron Ferguson, chairman and chief executive officer of General Re, listens in New York on Friday, June 19, 1998. Berkshire Hathaway Inc. is buying General Re for $22 billion worth of stock, adding one of the world's leading insurers of insurance companies to its portfolio. Berkshire announced Friday after the stock market closed that it would let General Re operate independently of its other insurance operations,

    A criminal corporate fraud trial that could bring Warren Buffett to the witness stand for some tough questioning is now underway in a federal courthouse in Hartford, Connecticut.  Emphasis on could.  Here's why I have my doubts.

  • Buffett Won't Have to Turn Over Documents, Judge Says Wednesday, 2 Jan 2008 | 2:23 PM ET

    A federal judge overseeing the trial of four former executives at the General Re unit of Berkshire Hathaway said the reinsurer need not turn over some documents involving Berkshire Chairman Warren Buffett.

  • Warren Buffett: For Your Pleasure While I'm Away Wednesday, 2 Jan 2008 | 9:16 AM ET
    Warren Buffett, as Berkshire Hathaway chairman, carries his meal during lunch at the annual Allen and Co.'s media conference, Sun Valley, Idaho.

    I'm on vacation until January 10th, but, in my absence, please ponder this image of Warren Buffett. Maybe it'll make you smarter in 2008. Goodness knows I'm hoping it'll make me smarter. In fact, I suggest you click on this blog daily while I'm away, not because it will help you, but because it will help me.

  • Buffett May Not Be Witness in AIG Fraud Case Tuesday, 1 Jan 2008 | 4:15 PM ET

    Prosecutors may not call Berkshire Hathaway Chairman Warren Buffett as a witness in a criminal trial of former officers of its General Re reinsurance unit, according to a court filing.

  • 2007: The Year in Warren (The Final Countdown) Monday, 31 Dec 2007 | 12:28 PM ET
    Berkshire Hathaway chairman Warren Buffett plays the ukelele at the Fruit of the Loom stand at the Qwest Center in Omaha, Neb., while touring exhibits prior to the annual Berkshire Hathaway shareholders meeting, Saturday, April 30, 2005. (AP Photo/Nati Harnik)

    Warren Buffett Watch's year-end countdown of the top 10 trends and events of the year continues with #5 to #1, including some year-end surprises.

  • In a live interview this morning on CNBC's Squawk Box, Warren Buffett called his purchase of a big Marmon stake as a "bet on America over a long time." He also revealed that while he has been approached by financials companies about buying a stake, "we have not seen a deal that causes me to start salivating."  Here is a video clip and transcript of the complete interview.

  • Warren Buffett is finally moving to make some money from the nation's credit crisis by starting a new company that will insure debt issued by state and local governments. To make sure that he does indeed make money from the venture, he's promising not to make the same mistakes that have caused so many problems for long-time insurers like Ambac and MBIA: charging too little and taking on too much risk.

  • Video clip and transcript of Warren Buffett's opening statement before the Senate Finance Committee holding a hearing on estate taxes.

  • Warren Buffett Calls China Stocks Too Hot to Handle Sunday, 30 Dec 2007 | 7:50 PM ET

    During the first stop of his Asian mini-tour, Warren Buffett told reporters that he doubts he'll find a new investment in China right now to replace his recently sold PetroChina stake because stock prices have gone up so dramatically in recent months.

  • Warren Buffett's Berkshire Hathaway cut back on its holdings in two railroads during the second quarter of this year.  Even as Berkshire was increasing its stake in Burlington Northern, it was cutting back on two other railroads: Norfolk Southern and Union Pacific.

  • 2007: The Year in Warren (The Countdown Begins) Sunday, 30 Dec 2007 | 5:37 PM ET
    Investor Warren Buffet participates in the Treasury Conference on U.S. Capital Markets Competitiveness, Tuesday, March 13, 2007, at Georgetown University in Washington.  (AP Photo/Gerald Herbert)

    Don't count out Warren Buffett. Even as he enters his 78th year, the Buffett style of investing remains as relevant and successful as ever. In keeping with the year-end tradition of journalists everywhere, it's time to look back at 2007: The Year in Warren.   Here, in reverse order, are #10 through #6 of the top 10 trends and events of the year, as reported here on Warren Buffett Watch.

  • Buffett to Buy ING's Reinsurance Unit Friday, 28 Dec 2007 | 3:56 AM ET
    Warren Buffett

    Berkshire snaps up the Dutch bank's reinsurance company, NRG, for $435.2 million, while Citi and HSBC are reportedly also interested in shedding parts of their businesses.

  • Breaking Down Buffett's Buy Thursday, 27 Dec 2007 | 3:28 PM ET

    Warren Buffett agreed to pay $4.5 billion to buy 60% of industrial conglomerate The Marmon Group. What did Buffett find attractive in Marmon and can you ride the billionaire's coattails?

  • This is a transcript and video clip of the second part of Warren Buffett's live interview this morning on Squawk on the Street with CNBC's Becky Quick.  In this section, Buffett talks about the super-SIV proposal, the Bush administration's plan to encourage lenders to freeze some variable mortgage rates and about why he supports Hillary Clinton and Barack Obama for president.

  • Marmon Deal May Poise Buffett for Economic Rebound Wednesday, 26 Dec 2007 | 3:14 PM ET
    Warren Buffett

    Warren Buffett's latest purchase  may position Berkshire Hathaway for a comeback in the U.S. economy.

  • Berkshire Hathaway shares closed down 4.6 percent today (Monday) at $136,400 after a cover story in Barron's over the weekend recommended, "Sell Buffett: Sorry, Warren, Your Stock's Too Pricey." That erased just over $7 billion in Berkshire's market value in one day.  Buffett-bulls, however, see a buying opportunity in today's decline.