- CNBC VIDEO: Warren Buffett & Bill Gates 'Walk & Talk' at Columbia University
- Warren Buffett to CNBC: Curbing Fed's Independence Could Lead to 'Mischief'
- Warren Buffett to Co-Chair Goldman Sachs Program to Help Small Businesses
- Warren Buffett: 'Reasonable Return is Good Enough' for Long-Haul Railroad Ride
- Warren Buffett's Berkshire Hathaway Almost Doubles Wal-Mart Holdings During Summer
- Warren Buffett's Berkshire Portfolio Snapshot Coming Later Today
- Warren Buffett to CNBC: 'I Haven't Bought American Express In Years'
- CNBC Video: Warren Buffett & Bill Gates - Keeping American Great
- CNBC TRANSCRIPT: Warren Buffett & Bill Gates - Keeping America Great
- EXCERPTS and IMAGES: Warren Buffett & Bill Gates - Keeping America Great
RSS FEED
MOST SHARED
- Wall Street Finds Profits by Reducing Mortgages
- CNBC VIDEO: Warren Buffett & Bill Gates 'Walk & Talk' at Columbia University
- Kraft Weighs Higher Cadbury Bid as Rivals Circle
- What if a Recovery Is All in Your Head?
- Gold Prices to See Correction in 2010: Analyst
- Oil Prices to be Range-Bound This Week: CNBC Survey
- Don't Dwell on Investment Mistakes; Move on, Like Buffett
- CNBC VIDEO: Warren Buffett & Bill Gates 'Walk & Talk' at Columbia University
- U.S. Stocks Slip, Dollar Rises
- How Stock Investors Can Play Holiday Travel
- Time Lapse World Series Is A Great Play
- Hirschhorn: Greed...or Fear
- My Top 10 Tech Toys for the Holidays
- iPhone a Better Gaming Platform Than Android?
- May Day For Dendreon
- US Job Losses to Bottom out Next Quarter: NABE
- Late Payments on Credit Cards Drop in Third Quarter
- Smallest US Businesses Borrowing Again: PayNet
- Little Sign of Inflation on the Horizon: IMF
- Kraft Weighs Higher Cadbury Bid as Rivals Circle
- MBS Program Should be Extended: Fed's Bullard
- Tyson Food Profit Beats Estimates
- JPMorgan's Dimon Could Succeed Geithner: Report
- For Newspapers, Even Good News Isn't That Good
Warren Buffett Watch
Text Size 
The Wall Street Journal has a piece this morning analyzing Friday's third quarter earnings report from Warren Buffett's Berkshire Hathaway.
Reporter Karen Richardson highlights Berkshire's sale this year of $2.5 billion worth of "insurance on stock indexes and bonds in the form of derivative contracts, which guarantee payment to the buyer in the event of a specific loss in an underlying entity of the contracts."
Richardson points out that while Buffett and Berkshire have used derivatives for many years, he's been selling more of them recently, even though he called them "financial weapons of mass destruction" in his 2002 Annual Letter to Shareholders. Richardson notes that his warnings have generally focused on buyers of derivatives borrowing too much money to make the purchases.
Questions? Comments? Email me at
Data is a real-time snapshot *Data is delayed at least 15 minutes