Very few people have the same risk threshold as Warren Buffet so beware investors following Berkshire Hathaway's portfolio.» Read More
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.
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 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.
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.
Warren Buffett's Berkshire Hathaway is starting a bond insurer that would help state and local governments lower their borrowing costs, posing a direct challenge to established rivals struggling with deteriorating credit markets.
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.
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.
American billionaire investor Warren Buffett said Thursday he remains negative on prospects for the U.S. dollar and that problems in the U.S. subprime mortgage sector may continue to cause problems for some time.
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.
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%.
Warren Buffett has made a lot of money buying stocks of companies that the market masses have undervalued. Is his own holding company Berkshire Hathaway now a value play itself?
Warren Buffett's Berkshire Hathaway said on Friday second-quarter earnings rose 33%, helped by higher insurance underwriting profit and investment income.
In an exclusive interview with CNBC, Berkshire Hathaway Chairman Warren Buffett said the stock market isn’t “ridiculously overpriced” and that Berkshire is looking for a "huge" acquisition with the $46 billion in cash it has on hand.
Warren Buffett's Berkshire Hathaway has bought a small stake in Kraft Foods, according to the Wall Street Journal.
The five foundations billionaire Warren Buffett has pledged most of his $49 billion fortune to received their second annual gifts of Class B shares of Berkshire Hathaway on Monday.
Warren Buffett is giving more, even though he is giving less. A news release a short time ago from Berkshire Hathaway reveals that today Buffett gave just over 572,000 shares of Class B shares to five foundations, with most going to the Bill and Melinda Gates Foundation. It's part of his pledge made just over a year ago to eventually give away 85% of his Berkshire stock.
Apple, Starbucks, Qualcomm, NYSE Euronext and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Brookfield Asset Management could become a more international version of Buffett’s legendary company.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
It’s Skee-Daddy Day in Cramerica. So in honor of family investment teams across the land, Mad Money hosted a live studio audience for today’s show. In typical fashion, Cramer spent a lot of time talking to the fans, from celebrities to Home Gamers. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
The Supreme Court Monday reversed a ruling against two insurance companies that were sued for violating a federal law requiring that consumers be told when their rates have been increased based on their credit reports.