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.
One of the more interesting aspects of last night's Berkshire Hathaway portfolio filing is the appearance of just under 3 million shares of Dow Jones stock. We now know who sold those shares to Warren Buffett. PLUS: A preview of tonight's real-time coverage as Buffett hosts a fundraiser in Omaha for Barack Obama's presidential campaign.
Can you create a cookbook for investing using the recipe for success created by "Chef" Warren Buffett? Standard and Poor's Quantitative Services has been doing it for more than 12 years and has served up some tasty results. They're just out with a list of 55 stocks that they say fit the bill.
The markets haven't calmed down much this hot August on Wall Street. No summer doldrums here! With a wild swing late yesterday and another triple-digit decline today, the Dow is keeping investors on edge. So, it feels appropriate to revisit some timeless advice: What Would Warren Do?
Warren Buffett has made a lot of money buying stocks of companies that the market masses have undervalued. Is his own holding company Berkshire Hathaway now a value play itself?
Burlington Northern shares are picking up speed on Wall Street, after Warren Buffett added to his bet on the railroad. Buffett's apparent optimism on the rails gives Fast Money's Guy Adami an idea. PLUS: Why Geico's Gecko may be going back to Massachusetts.
It was a busy day for Warren Buffett Watch Friday, with renewed speculation on the timing and targets of a potential multi-billion acquisitions and Berkshire Hathaway's second quarter earnings. With all that happening, I had to wait a few days to tell you about a fascinating piece in the Wall Street Journal about a person it calls the "other" Buffett, Warren's 79-year-old sister Doris.
Berkshire Hathaway's second quarter net earnings increased 33% to $3.1 billion ($2018/share) in the second quarter of this year, compared to $2.3 billion ($1522/share) in the same quarter last year. Operating earnings are up 22% to $2.5 billion ($1625/share).
Less competition from private equity buyouts and cheaper stock prices could be creating a window of opportunity for Warren Buffett to make a big acquisition. Bloomberg speculates on Mr. Buffett's "expanding" opportunities and names some potential targets.
Stocks have been on the proverbial "roller coaster ride" the last several days, and that means increased nervousness for many investors. But I have a strong feeling Warren Buffett is sleeping just fine. In a CNBC.com web-only video, we ask a Buffett-watcher, "What would Warren do when the markets are in turmoil?"
BNSF's Matt Rose will drop his CEO role and become executive chairman at the railroad.
America's iconic investor will still be at the helm next year, we predict. His target list could include a very well-known name.
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.