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Warren Buffett Watch

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  Thursday, 25 Sep 2014 | 9:00 AM ET

Why Buffett is always betting big on bank stocks

Posted By: Tim Mullaney

For a man who has been known to say some uncomplimentary things about bankers, Warren Buffett sure does love his bank stocks. By one recent analysis, the "big banks" and regional banks that Berkshire Hathaway has amassed in its portfolio of stocks adds up to a $50 billion market cap banking company—four of Berkshire Hathaway's top 11 holdings in the stock market are in banks and other financial services companies.

For a little perspective, the combined market value of Buffett's bank stock holdings roughly equals the market cap of Deutsche Bank or PNC Financial and would rank eighth overall in terms of U.S. banks by size. That $50 billion banking "company" stocked away within Buffett's empire is also a sizable piece of Berkshire Hathaway's approximately $350 billion valuation.

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  Thursday, 25 Sep 2014 | 6:03 AM ET

Buffett loses big on Tesco share dive

Veteran investor Warren Buffett has lost over $700 million on his investment in U.K. supermarket operator Tesco, which has seen shares fall around 43 percent this year.

Buffett, often referred to as the Oracle of Omaha, has consistently backed Tesco, holding a stake in the firm since 2007. But his investment firm Berkshire Hathaway is now dealing with a hefty loss after the retailer slumped over 20 percent in the last month.

Read MoreBuffett can also pick 'em in Vegas

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  Monday, 15 Sep 2014 | 10:45 AM ET

Buffett can also pick 'em in Vegas

Posted By: Becky Quick

Warren Buffett hit in Las Vegas this weekend.

While at the MGM Grand for the Floyd Mayweather fight, the billionaire investor decided to bet on a sports book for the first time ever.

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  Tuesday, 26 Aug 2014 | 9:11 AM ET

Buffett greases $11B Burger King-Tim Hortons deal

Posted By: CNBC with Reuters

Burger King on Tuesday confirmed plans to acquire Ontario-based Tim Hortons for about $11 billion—creating a new company to be based in Canada with combined sales of $23 billion.

Berkshire Hathaway Chairman and CEO Warren Buffett is helping to fund the deal by committing $3 billion of preferred equity financing. The news release on the deal did not disclose the terms for Berkshire, which is only a financing source and will not have any participation in the management and operation of the business.

Read MoreVanguard the 'king' thanks to Buffett

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  Thursday, 21 Aug 2014 | 2:14 PM ET

Vanguard 'king of the hill' thanks to...Buffett

Posted By: CNBC.com staff
Source: Vanguard | Facebook

Investors may be warming up to the stock market, but they're taking the safe way in.

Passively managed funds are all the rage now, with market participants enjoying their low cost, high liquidity and tax advantages.

No outfit has benefited more from that approach than Jack Bogle's Vanguard Group, which has seen its total assets under management swell to nearly $3 trillion thanks to the allure of the firm's funds that track market indexes rather than make individual stock picks, according to a Wall Street Journal report.

That low-risk approach has gotten the imprimatur of none other than legendary investor Warren Buffett, who gave the firm his imprimatur a few months back. In his annual letter to shareholders, he advised them to follow the directions in his will, which mandates that his $66 billion fortune be divided with 10 percent in short-term government debt and the rest "in a very low-cost S&P 500 index fund. (I suggest Vanguard's.)."

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  Wednesday, 20 Aug 2014 | 12:55 PM ET

Buffett's Berkshire slammed with maximum penalty

Posted By: Alex Crippen

Warren Buffett's Berkshire Hathaway is paying almost $1 million to the U.S. government for allegedly violating the filing requirements of an antitrust law for a second time.

The Federal Trade Commission said the $896,000 civil penalty settles allegations in a Justice Department lawsuit that Berkshire violated the notice and waiting requirements of the Hart-Scott-Rodino antitrust law by not disclosing its plan to increase its stake in USG before the transaction closed late last year.

It's the highest penalty that could be imposed in the case. Under the law, the penalty is capped at $16,000 for each day of the violation. The goverment said Berkshire's violation covered the 56 days between its acquisition of the USG stock and the end of the legally-mandated waiting period.

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  Thursday, 14 Aug 2014 | 10:15 AM ET

Buffett's Berkshire hits $200,000 milestone

Posted By: Alex Crippen

For the first time ever, a Class A share of Berkshire Hathaway will cost you more than $200,000. That's just one share for the price of a nice 6-bedroom, 4-bath house in Omaha.

The stock hit the milestone about 45 minutes after the start of trading today.

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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.

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  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."

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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