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Warren Buffett Watch

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  Wednesday, 18 Feb 2015 | 7:19 AM ET

Buffett's Berkshire builds Deere stake, dumps Exxon

A John Deere 8600 tractor is displayed on opening day of the World Ag Expo on February 10, 2015 in Tulare, Calif.
Getty Images
A John Deere 8600 tractor is displayed on opening day of the World Ag Expo on February 10, 2015 in Tulare, Calif.

Warren Buffett's Berkshire Hathaway on Tuesday disclosed a 5 percent stake in agricultural equipment maker Deere & Co. and said it shed a $3.74 billion investment in oil company Exxon Mobil as oil prices plunged.

The changes were among several that Berkshire made in its common stock investments in the fourth quarter, according to a U.S. Securities and Exchange Commission filing detailing the conglomerate's domestic equity investments as of Dec. 31.

Read MoreWhale Watch: Icahn ups his stake in eBay

Berkshire began accumulating the bulk of its 17.1 million-share stake in Deere, worth $1.51 billion at year end, in the third quarter of 2014, but had not previously disclosed it. The SEC often lets Buffett quietly accumulate large stakes to deter copycats.

Deere shares rose 1.2 percent in after-market trading.

»Read more
  Wednesday, 4 Feb 2015 | 6:08 AM ET

Buffett index fund beats hedge funds in 10-year bet

Warren Buffett
Adam Jeffery | CNBC
Warren Buffett

The stock market index fund Warren Buffett picked in a bet continues to outpace a collection of hedge funds seven years into the 10-year wager.

The latest standings in Buffett's bet with the money managers who own Protege Partners were reported Tuesday by Fortune magazine. Buffett made the bet in 2008 to demonstrate how hefty fees can hurt investment returns.

Read MoreWarren Buffett: Know when to hold 'em

The Vanguard S&P 500 Admiral index fund Buffett chose is up 63.5 percent since the bet began.

The five funds of hedge funds Protege picked were up roughly 19.6 percent.

Read MoreSecret hedge fund shorts revealed

A charity of the winner's choosing will receive at least $1 million. The money both sides put up is invested in Berkshire Hathaway, and it is now worth roughly $1.7 million.

»Read more
  Tuesday, 23 Dec 2014 | 8:00 AM ET

All of Buffett's bad bets add up to a big year

Posted By: Eric Rosenbaum

Some of Warren Buffett's big stocks bets have tanked in 2014, and the market hasn't let it pass unnoticed. In fact, anytime a stock Buffett owns declines, the "billions being lost" by Warren makes it into the headlines.

With all the fuss over Warren Buffett's stock-picking prowess, or lack thereof, you might think Berkshire Hathaway has suffered mightily. You'd be wrong, though—way wrong. In fact, Buffett has plenty of reason to smile: Berkshire Hathaway is crushing the S&P 500.

»Read more
  Tuesday, 9 Dec 2014 | 10:02 PM ET

Buffett now the world's most generous man

Posted By: Ansuya Harjani
Warren Buffett Big Head by Fathead
Source: Fathead
Warren Buffett Big Head by Fathead

Go big or go home seems to be Warren Buffett's mantra when it comes to philanthropy.

The Berkshire Hathaway CEO and legendary investor made the single biggest charitable donation this year, giving $2.1 billion to the Bill and Melinda Gates Foundation in the form of 16.6 million shares of his company, according to Wealth-X's ranking of the 10 largest philanthropic donations of 2014 published on Wednesday.

On Monday, 84-year-old Buffett surpassed Mexican business mogul Carlos Slim to become the world's second richest person as shares of Berkshire Hathaway rallied to an all-time high. Forbes said its real-time ranking of the world's billionaires now estimates Buffett's wealth at $74.4 billion, about $1.5 billion more than Slim's $72.9 billion. Slim is now in third place.

»Read more
  Monday, 8 Dec 2014 | 5:02 PM ET

Buffett now No. 2 as shares surge to all-time high

Posted By: Alex Crippen
Warren Buffett
Adam Jeffery | CNBC
Warren Buffett

Warren Buffett is now the world's second-richest person as Berkshire Hathaway's stock rallied to an all-time high.

Forbes said its real-time ranking of the world's billionaires now estimates Buffett's wealth at $74.4 billion, about $1.5 billion more than Carlos Slim's $72.9 billion. Slim is now in third place.

Read MoreBehind Warren Buffett's donation to Hillary PAC

Class A shares of Buffett's Berkshire Hathaway closed at a record $227,800 after hitting an all-time intraday high of $229,374 in Monday's trading. They're up 28 percent for the year, trouncing the S&P's 11.5 percent gain, excluding dividends.

In March, Forbes estimated Buffett's fortune at $58.2 billion. He was No. 4 on the list at that time, behind Mexico's Slim with $72 billion and Spanish fashion executive Amancio Ortega with $64 billion.

»Read more
  Friday, 5 Dec 2014 | 1:38 PM ET

Behind Warren Buffett's donation to Hillary

Posted By: Alex Crippen

Warren Buffett's $25,000 contribution to a political action committee that supports a potential Hillary Clinton presidential bid isn't a surprise as far as the billionaire's hopes for 2016.

»Read more
  Friday, 14 Nov 2014 | 5:03 PM ET

Buffett backs Detroit with bigger GM stake

Posted By: Alex Crippen
Warren Buffett, Chairman and CEO of Berkshire Hathaway answers questions at a press conference at which Detroit was named the 11th city to be included in the $500 million Goldman Sachs initiative at Ford Field.
Getty Images
Warren Buffett, Chairman and CEO of Berkshire Hathaway answers questions at a press conference at which Detroit was named the 11th city to be included in the $500 million Goldman Sachs initiative at Ford Field.

Warren Buffett's Berkshire Hathaway is showing some confidence in Detroit's attempted comeback as it puts more of its money behind General Motors.

In an SEC filing Friday afternoon, Berkshire said it held 40 million GM shares as of the end of the third quarter on Sept. 30.

That's an increase of 21 percent from the almost 33 million shares it owned three months earlier on June 30.

The additional shares are worth more than $223 million at GM's current price. The full stake is valued at almost $1.3 billion.

»Read more
  Thursday, 13 Nov 2014 | 12:00 PM ET

Duracell trade is sign Buffett is bearish on P&G

Posted By: Alex Crippen

Warren Buffett rarely sells stock. On Thursday, he unloaded Berkshire Hathaway's entire $4.7 billion stake in Procter & Gamble for P&G's Duracell battery business.

That's surely a sign the Buffett isn't all that confident about P&G's long-term future.

P&G, the global beauty and home products maker, added about $1.8 billion in cash to the deal. That values Duracell itself at about $2.9 billion. Buffett could presumably have just given P&G stock worth that amount and kept the remaining shares. Instead, he unloaded all 52.8 million shares and, like someone using a dollar bill to buy a 75 cent candy bar, got some change back.

Read MoreBerkshire Hathaway to buy Duracell from P&G

As Sanford Bernstein analyst Ali Dibadj told Reuters, "I don't take it as a good sign that Buffett would rather own Duracell than P&G."

»Read more
  Thursday, 13 Nov 2014 | 12:05 PM ET

Berkshire Hathaway to buy Duracell from P&G

Posted By: JeeYeon Park

Berkshire Hathaway announced Thursday it has acquired the Duracell battery business from Procter & Gamble.

P&G will receive shares of P&G's common stock currently held by Berkshire, which has a current value of nearly $4.7 billion. Procter & Gamble is one of Berkshire Hathaway's biggest stock holdings.

P&G said it would contribute about $1.8 billion in cash to recapitalize Duracell before the transaction.

Read MoreBerkshire Hathaway's 15 Biggest Stock Holdings

»Read more
  Tuesday, 11 Nov 2014 | 7:24 AM ET

Warren Buffett's 9 rules for running a business

Posted By: Alex Crippen
Warren Buffett
Adam Jeffery | CNBC
Warren Buffett

Warren Buffett is legendary as an investor, but he's also an incredibly successful businessperson, too—a fact that sometimes gets lost in the millions of words that have been written about his advice on how to buy a stock.

That advice can be summarized with a just a few words. Appearing on the CNBC-produced syndicated program "On the Money" last month, Buffett said, "If you own your stocks as an investment—just like you'd own an apartment, house or a farm—look at them as a business."

Using that viewpoint, you shouldn't buy a stock simply because you think it will go up in price sometime soon. Instead, you should buy a piece of a business that you think will generate profits for a long time to come.

That long-term perspective is also at the core of the business advice that Buffett has provided over the years.

Here are some examples from his annual letters to Berkshire Hathaway shareholders.

»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