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.
Lately we've been covering a lot of ground here on Warren Buffett Watch, including Warren Buffett's defense of estate taxes before Congress, a whirlwind tour of Asia, a supermodel, and even Buffett's advice to a big-time baseball star. Today, Morningstar's Paul Larson brings us back to basics, with a concise list of Five Simple Steps to Investing Like Buffett.
Fortune senior editor Alex Taylor III writes in his column today that we shouldn't pay too much attention to Berkshire Hathaway's addition of CarMax to its portfolio because Berkshire Chairman Warren Buffett "wasn't directly involved in the purchase." But does it really make sense for imitators to try to distinguish between Buffett and his holding company?
A new study by two university professors proves what a lot of savvy investors have known for years: buying the stocks Warren Buffett buys will make you a lot of money. And they say, you don't even have to do the "imitation" buying immediately after Buffett discloses his purchases.
In a CNBC Exclusive video interview, baseball star Alex Rodriguez talked with our own Becky Quick about how he wants to play for the Yankees and about his friend, Warren Buffett, who appears to have played a role in getting A-Rod back with the Bronx Bombers.
Warren Buffett's high-profile visit to Washington last week is generating some criticism from some of those opposed to his "Tax the Rich" campaign. Here's a sampling.
Warren Buffett knows baseball, knows money and has a lot of common sense. So it shouldn't be a surprise that baseball star Alex Rodriguez would turn to the Omaha billionaire when he found himself needing some common sense advice about baseball and money.
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.
Berkshire Hathaway's nearly 14 million shares of Carmax are worth substantially more at today's closing bell than they were 24 hours before. The big rally follows the revelation in an SEC filing by Warren Buffett's holding company that it held 13,981,800 shares of the nation's biggest used-car retailer as of September 30, the end of Berkshire's third quarter.
Check out this web-only video clip showing some behind the scenes shots after today's appearance by Warren Buffett before the Senate Finance Committee, including a long walk down the hallway and an elevator that "doesn't stop for billionaires."
This is live real-time blog coverage of Warren Buffett's appearance before the Senate Finance Committee for a hearing on estate taxes.
"I'd be very surprised if five years from now we aren't a whole lot bigger," the billionaire investor said.
The economic impact of cost cuts expected from the Kraft-Heinz merger announced Wednesday will likely be limited.
Kraft Foods Group stock surges after the company announced a merger deal with H.J. Heinz.
Warren Buffett says Berkshire Hathaway will have $9.5 billion worth of common stock in the new H.J. Heinz-Kraft Foods company.