Eugene Fama, the University of Chicago investing researcher, once again warned investors against the lure of active management.» Read More
Warren Buffett took a break recently from making multi-billion dollar investments in American business icons to play the ukulele with two musicians who, unlike the Omaha billionaire, actually make a living as professional musicians.
As the stock market's wild moves downward have average Americans worried about their financial futures and looking for leadership, it's important to keep Warren Buffett's reassuring words about the long-run in mind.
Just weeks after losing his title of "America's Richest Billionaire," Warren Buffett is number one again. Forbes Magazine is out with a September update to its Forbes 400 list of the richest people in the United States. October may be another story.
Warren Buffett's name was mentioned during last night's debate by both John McCain and Barack Obama as a potential Treasury Secretary, but it seems extremely unlikely Buffett would ever give up Berkshire Hathaway and Omaha and relocate to Washington.
Despite coming with glowing words of praise for General Electric and Goldman, Warren Buffett's big investments in the two companies haven't moved the stocks higher in the short-term.
Warren Buffett's latest moves to boost confidence and make money have The New York Times hearing echoes of J.P. Morgan's effective response to the financial crisis of 1907.
In a live telephone interview today (Friday) on CNBC, Warren Buffett reacted to the House of Representative's approval of a financial rescue package. He also revealed the two domestic stocks that he personally owns, as opposed to the many stocks owned by his holding company, Berkshire Hathaway. This is a complete transcript of that conversation.
Although it may seem like nothing's working right now the fast money is just waiting in the wings. Here's how to catch a ride.
For the week ending Friday, October 3, 2008, the major U.S. Indices declined steeply on continued uncertainties over the financial bailout / rescue plan, concerns in the credit markets and more economic deterioration.
In a live interview minutes after the House of Representatives passed the bailout bill, Warren Buffett told CNBC's Becky Quick that the measure is not a "panacea." While the rescue package will provide some tools to deal with the financial crisis and prevent what could have been a far worse situation, Buffett predicted that it will be quite a while before the economic recession bottoms out.
Warren Buffett suggests today (Thursday) that the U.S. Treasury should partner with private investors when it buys the "toxic" assets that are bringing global credit markets to a standstill, as a way to generate real market prices for those assets. He explains the idea in an interview with Fortune/CNNMoney.com.
In an interview tonight (Wednesday) with Charlie Rose on PBS, Warren Buffett says, "In my adult lifetime I don't think I've ever seen people as fearful, economically, as they are now... The economy is going to be getting worse for a while." Bloomberg also reports Buffett tells Rose that the freezing of credit markets is "sucking blood" from the U.S. economy, which he compares to a heart attack victim "flat on the floor."
Warren Buffett biographer Alice Schroeder offers three Buffett-style tips for investing in turbulent times during an appearance on CNBC's Power Lunch.
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If some other recent offerings are any indication, this might be the time to buy.
Warren Buffett is making a $3 billion investment in General Electric in a vote of confidence designed to ease global market fears about the health of its GE Capital unit. He talked about his admiration for GE and his hopes for a bailout package from Congress in a live telephone interview with CNBC's Becky Quick. Here's the unofficial "rush" transcript.
Shares of Chinese battery maker and 'green' car maker BYB Company Limited soared 42 percent today in Hong Kong trading, after this weekend's announcement that Warren Buffett is investing in the company.
The first authorized biography of Warren Buffett is being published today. The Snowball: Warren Buffett and the Business of Life was written by former insurance industry analyst Alice Schroeder with Buffett's full cooperation. Here are some excerpts from the book, as provided by its publisher, Bantam Dell.
Warren Buffett's "self-doubt and vulnerability" surprised the author of The Snowball, the billionaire investor's first authorized biography that goes on sale tomorrow. Alice Schroeder tells why in an interview with Reuters.
A subsidiary of Warren Buffett's Berkshire Hathaway is making a $230 million investment in a Chinese battery company that's developing environmentally-friendly cars to be sold around the world. In a news release, Berkshire's MidAmerican Energy Holdings says it has agreed to buy a 10 percent stake in BYD Company Limited, which trades on Hong Kong's stock exchange.