Warren Buffett may be getting an unwanted phone call from Goldman Sachs. The Wall Street Journal says Goldman is "considering" paying back the $5 billion loan it got from Buffett's Berkshire Hathaway at the height of the credit crisis in October, 2008. That would cut off the annual dividend payments of $500 million Berkshire has been getting from Goldman.
Stocks pared gains, although remained higher, after several positive earnings reports gave investors a reason to believe the U.S. economy is improving, even as they digested a mixed batch of economic reports. Home Depot and McDonald's rose, while Bank of America fell.
Warren Buffett tells CNBC that his 1964 decision to buy Berkshire Hathaway, then a fading Massachusetts textile company, was a $200 billion blunder. Here is the complete interview, in video and transcript form, including portions that did not appear on television.
Warren Buffett says Berkshire Hathaway is the "dumbest" stock he ever bought. He calls his 1964 decision to buy the textile company a $200 billion dollar blunder, sparked by a spiteful urge to retaliate against the CEO who tried to "chisel" Buffett out of an eighth of a point on a tender deal.
Matching your record up against the greats can make you feel like the market is no place for amateurs, or for those who have a day job that isn't in the markets. That's why it's important to remember that no one's perfect, not even the giants in the industry.
The Lightning Round is extended in this CNBC.com exclusive feature.
Mayo Shattuck is guilty of a laundry list of flub-ups, blunders and catastrophes.
Plus, the “problem” of too much good news in this market.
The retailer reverted to its classic logo after sharp criticism, but Cramer said the whole thing won't make a difference for the stock.
Ed Asner is cast as Warren Buffett in an upcoming movie about the financial crisis, recalling Buffett's resemblance to the character voiced by Asner in Pixar's Up.
Warren Buffett says it is "quite clear stocks are cheaper than bonds" right now, but notes that relationship will change eventually when confidence in the economy is inevitably restored.
With gold hitting all-time highs, talk about a gold bubble grows increasingly louder. The skeptics say that this commodity cannot go higher and a crash is inevitable. Abandon this tangible asset before it's too late, they cry. I disagree.
Value investor Whitney Tilson of T2 Partners shares his top stock picks for the fourth quarter.
Warren Buffett calls today's meeting in Beijing with 50 Chinese business and philanthropy leaders a "tremendous success" as he and Bill Gates "learned a great deal about the good work that is already underway" in China.
Warren Buffett tells CNBC that any decision by Berkshire Hathaway to buy a bigger stake in China's BYD "would depend on the price." He made the comment in an airborne interview with CNBC's Becky Quick, who is traveling in China with Buffett, Bill Gates, and a delegation of Berkshire officials.
Warren Buffett's Billionaires' Road Trip has spent the day in Shenzhen, but most of the attention is going to a dinner to be hosted tomorrow night in Beijing by Buffett and Bill Gates.
Warren Buffett and his traveling companions started their visit to China earlier today in Shenzhen with a show of support for electric-car maker BYD. Berkshire Hathaway owns a 10 percent stake in the company.
Warren Buffett's backing gave Chinese battery and automaking tycoon Wang Chuanfu a huge boost, and on paper represents at least a six-fold return on the investment.
This is a transcript of Warren Buffett's complete interview with CNBC's Becky Quick on Wednesday, September 22, 2010. Portions of their conversation aired today (Thursday) on Squawk Box.
Warren Buffett tells CNBC he doesn't buy the argument that raising taxes for the rich would derail the nation's economic recovery. "When a country needs more income, and we do -- we're only taking in 15 percent of GDP ... they should get it from the people that have it."