Alex Crippen is an executive producer at CNBC and CNBC.com. He started with the network in 1990. Crippen began his media career in affiliate TV and news radio. He holds a degree in economics from Wesleyan University.
Alex Crippen is an executive producer at CNBC and CNBC.com. He started with the network in 1990. Crippen began his media career in affiliate TV and news radio. He holds a degree in economics from Wesleyan University.
Warren Buffett sees more philanthropy in the world's future and he's strongly hinting that one of Blackstone's prime beneficiaries is part of the trend. In what appears to be a reference to Blackstone co-founder Pete Peterson, Buffett told Bloomberg TV, "I know of one fellow that's just been involved in a public offering. I think he's going to be setting up a billion-dollar foundation."
WSJ.com's MarketBeat blog points out today that Google's recent surge to all-time highs pushed the company's stock market value above Berkshire Hathaway's earlier today. But it didn't last all that long. At the close of trading Monday, Google's market cap stands at $164.32 billion, a bit over $1 billion below Berkshire's $165.71 billion. The horserace continues tomorrow.
The college team described (favorably) as the 'Buffets of Baseball' .. detailed in this post last Wednesday ... are now the first team in 10 years to win the College World Series two years in a row. Earlier tonight in Omaha, the Oregon State Beavers defeated the North Carolina Tar Heels 9 to 3, sweeping the best-of-three games final. It was a visit to Warren Buffett's modest house in Omaha that prompted Oregonian sportswriter John Canzano to write about the "common ground" between Buffett and the Beavers, calling them both "unpretentious, frugal, intelligent, remarkably understated and modest."
The fifth annual auction of a lunch with Warren Buffett began tonight. Bids are being accepted on eBay through 10PM ET this coming Friday, June 29. But it's not a game just anyone can play. The minimum first bid is $25,000 and all bidders must pre-qualify to discourage jokesters.
Now Jim Cramer himself is providing his take on Warren Buffett's stock picks. In a post earlier today, we showed you a Cramer-Buffett comparison from Stockpickr (a subsidiary of Cramer's own TheStreet.com).On Mad Money tonight, Jim went into even more detail but the results are similar: they agree more than they disagree .. no matter what you might have thought.
On the surface, long-term "sensible" investor Warren Buffett and "Mad Money" trader Jim Cramer appear to have two very different styles and you wouldn't expect much agreement between them. But Stockpickr (a subsidiary of TheStreet.com) president James Altucher did some analysis of Cramer's take on Buffett's stocks and found a lot of common ground.
This is a new kind of blog for CNBC.com. Its focus isn't a CNBC personality, but he is someone almost everybody knows: Warren Buffett. My goal is to keep an eye on Warren Buffett, and what people are reporting, blogging or saying about Warren Buffett and his investments. He is, after all, one of the most successful investors of all time and his easy-going, plain-folks persona has made him a hero to many.
Warren Buffett's night with Hillary is getting a lot of attention this morning. I've attached CNBC's coverage from reporter Brian Shactman as it appeared on this morning's Squawk Box. Reuters headlines the $1 million take from the event and quotes Buffett giving President Bush a dig, as he mentioned an old Wall Street saying: "Buy stock in a company that's so good that an idiot can run it, because sooner or later one will. Now I think that sort of applies to the country too, actually." It went over well with the Clinton supporters in attendance.