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Warren Buffett Watch

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  Monday, 4 Aug 2014 | 11:48 AM ET

What should Buffett do with all that cash?

Posted By: Drew Sandholm

Warren Buffett's Berkshire Hathaway on Friday reported earnings results that beat expectations thanks to substantial investment gains and improved results across its manufacturing, retail and service businesses.

Read MoreBerkshire profit soars 41% to a record

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  Thursday, 14 Aug 2014 | 4:13 PM ET

Buffett's Berkshire adds Charter Comm. stake

Posted By: Alex Crippen

Warren Buffett's Berkshire Hathaway added Charter Communications to its stock holdings during the second quarter.

In a filing with the SEC, Berkshire revealed it held 2.3 million shares as of June 30.

The stake is worth about $361 million, indicating the decision to buy was almost certainly made by one of Berkshire's portfolio managers, not by Buffett himself.

Charter provides broadband communications and said it is the fourth-largest cable operator in the U.S.

»Read more
  Thursday, 31 Jul 2014 | 1:50 PM ET

Warren Buffett surprises teen cancer patient

Posted By: Alex Crippen

Warren Buffett called into CNBC to surprise 17-year-old Tre Grinner, a Hodgkin's Lymphoma patient who wants to be an investment banker.

With help from the Make-A-Wish Foundation, Grinner has been working as an intern at Goldman Sachs and he was doing a live interview about that experience.

Buffett's main piece of advice for Tre as he prepares to enroll in community college this fall: learn accounting so you can read financial statements. "Accounting is the language of business and there's nothing like getting it early and getting it into your system."

Pointing out that accounting is a "language all of its own," Buffett said, "Getting comfortable in a foreign language takes a little experience, a little study, early on but it pays off big later on."

»Read more
  Tuesday, 15 Jul 2014 | 4:47 PM ET

Buffett's gift to Gates Foundation is biggest ever

Posted By: Alex Crippen
Bill Gates, Melinda Gates and Warren Buffett at a 2006 news conference announcing Buffett's plans to give billions to the Gates Foundation
Seth Wenig
Bill Gates, Melinda Gates and Warren Buffett at a 2006 news conference announcing Buffett's plans to give billions to the Gates Foundation

Warren Buffett's annual gift of Berkshire Hathaway stock to the Bill and Melinda Gates Foundation is worth $2.1 billion this year, up from $2.0 billion last year. It's also more than any of Buffett's previous eight donations.

Even though Buffett's gift schedule called for him to give the Gates Foundation 16.6 million Class B shares this year, down from 17.5 million shares last year, the value of each share gained 12.1 percent over the past 12 months, boosting the total value of the donation by more than $100 million above last year's level.

It's the third-consecutive year the value of Buffett's gift has increased from the previous year, even though he donated fewer shares each time.

In a 2006 letter to Microsoft's co-founder and his wife, Buffett outlined a long-term schedule that has him donating almost all of his fortune by giving 5 percent fewer shares each July, when compared to the previous year.

»Read more
  Friday, 11 Jul 2014 | 7:25 AM ET

Why Buffett is betting on energy stocks again

Posted By: Tim Mullaney

Warren Buffett has been a big believer in and buyer of U.S. energy—indirectly. When it comes to direct investments in energy stocks, though, Buffett—famous for using an elephant-gun analogy to describe his hunt for acquisitions—has been notably gun-shy.

Some recent bets on big oil and gas stocks suggest that Buffett and his stock-picking lieutenants—former hedge fund managers Todd Combs and Ted Weschler—are open to a wider range of direct energy stock investments.

»Read more
  Tuesday, 1 Jul 2014 | 7:31 PM ET

Warren Buffett's 'editor' retires after 60 years

Posted By: Alex Crippen

After a remarkable 60 years at Fortune, writer and reporter Carol Loomis is ready to retire from her day job at the age of 85.

»Read more
  Tuesday, 17 Jun 2014 | 10:02 AM ET

Warren Buffett: 'No chance' of taking Coke private

Posted By: CNBC.com staff

Warren Buffett is categorically denying money manager David Winters' comments speculating that Coca-Cola could be taken private.

"Absolutely no chance of that," Buffett told CNBC on Tuesday.

Winters, CEO and founder of Wintergreen Advisers, has sent letters to Coca-Cola's shareholders, its board, and Buffett, criticizing the company's 2014 equity plan, which Winters said "will significantly erode the per-share value of Coca-Cola shares."

As of last month, Buffett's Berkshire Hathaway owned 400 million shares of Coca-Cola, just over 9 percent of the shares outstanding.

Read MoreBuffett defends Coke vote, wants secret CEO salaries

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  Tuesday, 10 Jun 2014 | 6:17 PM ET

New clues on Warren Buffett's mysterious lunch date

Posted By: Alex Crippen

We now know a little bit more about the man who is paying almost $2.2 million to have lunch with Warren Buffett, but not much more.

»Read more
  Saturday, 7 Jun 2014 | 12:36 AM ET

Singapore man wins Buffett lunch with $2.17M bid

Posted By: Alex Crippen

A Singaporean man will pay $2,166,766 to have lunch with Warren Buffett, the fourth biggest-ever winning bid in an annual charity auction.

A representative of the San Francisco-based Glide Foundation, which gets 100 percent of the profits from the sale, identified the winner as Andy Chua of Singapore.

»Read more
  Friday, 6 Jun 2014 | 6:25 AM ET

Warren Buffett's charity lunch auction bid tops $1M

Warren Buffett's annual auction to benefit a San Francisco charity has drawn a bid of more than $1 million, surpassing last year's top offering, with a day of bidding remaining for a chance to eat lunch with the billionaire investor.

The $1,000,300 high bid is for the 15th annual auction to benefit the Glide Foundation, which provides food and services to the poor and homeless.

Read MoreWhy Buffett and Google love the Mojave

The high bid often surges in the last hour or two before the auction on eBay closes. The auction ends Friday at 10:30 p.m. EDT (2:30 a.m. Saturday GMT).

»Read more

About Buffett Watch

  • Warren Buffett is arguably America’s most-admired and most-followed investor. Buffett is the largest shareholder and CEO of Berkshire Hathaway and one of the world’s most famous and most generous philanthropists. Legions of investors - from all walks of life - follow Buffett's homespun investment philosophy: invest in what you know, invest in value. Here on CNBC.com's Warren Buffett Watch, we’ll keep you up to date on what the “Oracle of Omaha” is doing by following Buffett's trades, words and deeds.

 

  • Senior Coordinating Producer

  • Warren Buffett is the chairman, CEO and largest shareholder of Berkshire Hathaway