Alex Crippen is senior coordinating producer at CNBC.com. He started with CNBC television in 1990. Crippen began his media career in affiliate TV and news radio. He holds a degree in economics from Wesleyan University.
It's becoming increasingly apparent that Warren Buffett is in the process of putting a big bet on the Burlington Northern freight railroad. In an SEC filing late tonight, Warren Buffett's Berkshire Hathaway indicates it plans to raise its stake to 17% and it has told Burlington its stake could hit 25%.
Warren Buffett's Burlington Northern has bought more shares in the freight railroad Burlington Northern, the fourth round of buying this month.
It's the day after all the reports of Warren Buffett's Berkshire Hatahway buying some 10.1 million shares of Burlington Northern. CNBC's Becky Quick led the on-air discussion of what the 'Oracle of Omaha' may be up to. Take a listen if you will. (BRK now owns 14.8% of BNI.)
For the third time this month, Warren Buffett's Berkshire Hathaway holding company has reported boosting its stake in the freight railroad Burlington Northern, more evidence that Mr. Buffett sees the stock as undervalued. And this third round of purchases is much bigger than the previous two.
Peter Buffett has a new CD of songs from his heart, a billion-dollar foundation working to avoid what he calls "philanthropic colonialism," and an invaluable life lesson from a very famous father named Warren that's brought wisdom, if not great wealth. PLUS Free MP3 download of the song Reminder from Peter Buffett's Staring at the Sun.
Countrywide shares are cooling substantially today, after jumping 10% yesterday on the Wall Street Journal's speculation that the troubled mortgage company could be looking very attractive to Warren Buffett. Today, there are conflicting opinions on whether that speculation will turn into reality.
CNBC's Becky Quick wrap up a busy day for Warren Buffett Watch, reporting on her conversation with Mr. Buffett in which he called speculation he might be buying parts of Countrywide "speculation." PLUS Forbes reports that some of Buffett's longtime fans may be losing the faith.
Warren Buffett's Berkshire Hathaway has just revealed its portfolio holdings for the second quarter. New additions: Bank of America and Dow Jones, plus increased stakes in some healthcare names.
Warren Buffett has no interest in buying the old Berkshire HQ slated for demolition.
Detroit has "huge potential" and might even be a place for Berkshire Hathaway to invest, Warren Buffett said Tuesday night, according to a report.
Warren Buffett talks about the biggest mistake parents make when teaching their kids about money and how he learned about money.
Even as the Dow touches 16,000, Buffett thinks stocks are in a "zone of reasonableness."