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Investing Warren Buffett Watch


  Tuesday, 12 Feb 2008 | 9:58 AM ET

Warren Buffett Says Berkshire Not Interested in Troubled Bond Insurers

Posted By: Alex Crippen

Warren Buffett says Berkshire Hathaway won't be investing in any troubled bond insurer, including Ambac and MBIA .

Buffett told Fox Business anchor Liz Claman:

"We could have some kind of insurance transaction with them but we will not be investing in them or any other bond insurer. We've got our own bond insurer."

He's referring to the newly-created Berkshire Hathaway Assurance Corp., which "tip-toed" into the New York bond insurance market last month.

Last week, we learned a group of state regulators is working with Berkshire on a single "streamlined" application for licenses to sell bond insurance in all 50 states.

Buffett said in late December that his new bond insurer won't make the same mistakes that Ambac and MBIA did, charging too little and taking on too much risk. It looks like Buffett doesn't want to be stuck with the fallout from those mistakes, so he won't be buying into the companies that made them.

In early January, Buffett's top insurance executive, Ajit Jain, had told us Berkshire was talking to Ambac and MBIA about a possible partnership or purchase sometime in the future.

We could hear more from Buffett later today on the bond insurers and other subjects, when he appears in Toronto at a Business Wire event.

Berkshire's current price:

Questions? Comments? Email me at buffettwatch@cnbc.com

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  Tuesday, 5 Feb 2008 | 4:54 PM ET

Warren Buffett Heads to Toronto Tomorrow (Wednesday) as Business Wire Expands to Canada

Posted By: Alex Crippen
Warren Buffett heads to Toronto tomorrow (Wednesday, February 6) to appear at an event for "investor relations and corporate communications professionals" drawing attention to Business Wire's expansion into Canada.  It is not open to the general public. »Read more
  Tuesday, 5 Feb 2008 | 2:49 PM ET

S&P Stock Screen Uncovers "What Buffett Would Buy"

Posted By: Alex Crippen
Standard and Poor's has just released the results of its twice-a-year stock screen, designed to find Warren Buffett-style stocks. The new list features several tech stocks, including Apple, as well as a number of names from Europe and Asia.  But some key Buffett criteria aren't taken into account by the screen. »Read more
  Monday, 4 Feb 2008 | 3:27 PM ET

Burlington Northern Rallies Over 15% After Warren Buffett's Daily Buying Spree

Posted By: Alex Crippen
Shares of Burlington Northern Santa Fe have soared by more than 15 percent since Warren Buffett's Berkshire Hathaway completed a string of almost daily stock purchases in mid-January. »Read more
  Tuesday, 29 Jan 2008 | 12:15 PM ET

State Regulators Working with Berkshire Hathaway on Nationwide Bond Insurance License Application

Posted By: Alex Crippen
A group of state insurance regulators says it's working with Warren Buffett's Berkshire Hathaway on a single "streamlined" application for licenses to sell bond insurance in all 50 states.  But even if Berkshire does get all those licenses, and it probably will, that doesn't necessarily mean Warren Buffett & Co. will be actually writing bond insurance policies in every state right away. »Read more
  Monday, 28 Jan 2008 | 9:02 AM ET

Warren Buffett Keeps Chugging With Daily Burlington Northern Buys

Posted By: Alex Crippen
Warren Buffett's daily Burlington buys continue.  Berkshire Hathaway has bought Burlington Northern Santa Fe shares on 11 of the 12 trading days through last Tuesday, January 22.  The latest purchase is the smallest in the recent series and was made at the lowest price. »Read more
  Wednesday, 23 Jan 2008 | 3:54 PM ET

Warren Buffett Takes a Piece of Swiss Re's Future Action

Posted By: Alex Crippen
Berkshire Hathaway is getting a big piece of Swiss Re's insurance action as the world's largest reinsurer hooks up with Warren Buffett in what one analyst calls "an odd coupling."  The deal appears to show Buffett is confident of better times to come for reinsurers. »Read more
  Tuesday, 22 Jan 2008 | 8:24 AM ET

What Would Warren Buffett Do? - Timeless Strategies

Posted By: Alex Crippen
The markets are once again in turmoil.  Fears of recession in the United States and the continued fallout from the credit crunch are taking a big toll on markets around the world and the Wall Street is ready to tumble at the open following a three-day weekend.So, to help keep things in a longer-term perspective, it feels appropriate to revisit a very popular post from last summer with some timeless advice: What Would Warren Do? »Read more
  Saturday, 19 Jan 2008 | 1:57 PM ET

Warren Buffett's Burlington Northern Stake Tops 18% As Daily Buying Spree Rolls On

Posted By: Alex Crippen
Warren Buffett's stake in Burlington Northern Santa Fe has topped 18 percent after his Berkshire Hathaway holding company bought an additional 1.25 million shares for $96 million over the past three days. That brings its total holdings to 63,775,118 shares, or 18.2% of the freight railroad's total outstanding shares. »Read more
  Thursday, 17 Jan 2008 | 7:07 PM ET

Berkshire Hathaway Shines Amid Wall Street Gloom

Posted By: Alex Crippen
While I promise not to get into the business of writing about the daily ups and downs of Berkshire Hathaway's stock, I do think it's worth briefly noting that shares of Warren Buffett's holding company had a great day, in stark contrast to Wall Street's great gloom. »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