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Investing Warren Buffett Watch

  Monday, 25 Oct 2010 | 5:28 PM ET

Berkshire Hathaway Successfully Defends Decision Not to Write-Down Stock Losses

Posted ByAlex Crippen
The SEC has completed a review of Berkshire Hathaway's annual earnings report for 2009 after Warren Buffett's company answered accounting questions raised by the regulatory agency over almost $2 billion in unrealized stock losses. »Read more
  Monday, 25 Oct 2010 | 9:29 AM ET

Yoshikami: This Asia Merger Means Something To You

With the announcement that the Singapore Stock Exchange plans to acquire its Australian counterpart, it is clear that Asia’s growing role as the financial center of the world is gaining strength. »Read more
  Thursday, 21 Oct 2010 | 12:38 PM ET

Warren Buffett May Be Getting Unwanted Phone Call from Goldman Sachs

Posted ByAlex Crippen
Warren Buffett may be getting an unwanted phone call from Goldman Sachs.  The Wall Street Journal says Goldman is "considering" paying back the $5 billion loan it got from Buffett's Berkshire Hathaway at the height of the credit crisis in October, 2008.   That would cut off the annual dividend payments of $500 million Berkshire has been getting from Goldman. »Read more
  Tuesday, 19 Oct 2010 | 4:16 PM ET

Bill Gross' Lesson Learned: Character Trumps Flash

Posted ByBecky Quick
Choosing flash over substance led Bill Gross, founder and co-CIO of bond company PIMCO, to say “pass” on two of the best investments in US history, and give a thumb's-up to a big flop. »Read more
  Monday, 18 Oct 2010 | 2:54 PM ET

CNBC Transcript: Warren Buffett's $200B Berkshire Blunder and the Valuable Lesson He Learned

Posted ByAlex Crippen
Warren Buffett tells CNBC that his 1964 decision to buy Berkshire Hathaway, then a fading Massachusetts textile company, was a $200 billion blunder.  Here is the complete interview, in video and transcript form, including portions that did not appear on television. »Read more
  Monday, 18 Oct 2010 | 9:18 AM ET

Warren Buffett: Buying Berkshire Hathaway Was $200 Billion Blunder

Posted ByAlex Crippen
Warren Buffett says Berkshire Hathaway is the "dumbest" stock he ever bought.  He calls his 1964 decision to buy the textile company a $200 billion dollar blunder, sparked by a spiteful urge to retaliate against the CEO who tried to "chisel" Buffett out of an eighth of a point on a tender deal. »Read more
  Friday, 15 Oct 2010 | 3:53 PM ET

What You Can Learn from Buffett and Others' Mistakes

Posted By null|Becky QuickBeckyQuickCNBC Anchor112#000000#000000#66666612220#ffffff#000000#000000#66666612120#000000#0000001212/msnbc/Test-Dev/donna/msnbc10/Launch images/byline_cnbc.gif11002000truehttp://msnbcmedia.msn.com1Pfalsefalse
Matching your record up against the greats can make you feel like the market is no place for amateurs, or for those who have a day job that isn't in the markets. That's why it's important to remember that no one's perfect, not even the giants in the industry. »Read more
  Tuesday, 12 Oct 2010 | 2:50 PM ET

The Bizarre Triangle of Warren Buffett, Ed Asner, and Carl Fredricksen

Posted ByAlex Crippen
Warren Buffett, Ed Asner And Carl Fredricksen
Source:Jordan Strauss | WireImage | Getty Images
Warren Buffett, Ed Asner And Carl Fredricksen

In the spring on 2009, we wondered if there was a connection between Warren Buffett and Carl Fredricksen , the fictional lead character of Disney/Pixar's Up .

The veteran actor Ed Asner (Mary Tyler Moore , Lou Grant ) provided the voice, and most of the physical inspiration, for the cartoon Carl.

But you have to admit that there's also some substantial resemblance between Carl and Buffett. (See photos below.)

Perhaps someone in Hollywood made the connection, because now Asner has been cast to play Buffett in the upcoming HBO movie version of Andrew Ross Sorkin's book on the financial crisis, Too Big to Fail .

The movie has assembled an all-star cast, including Paul Giamatti as Federal Reserve Chairman Ben Bernanke, and James Woods as Lehman's Dick Fuld. (The New York Observer has conveniently assembled photos of the cast and the people they are portraying , for side-by-side comparisons.)

»Read more
  Tuesday, 5 Oct 2010 | 2:49 PM ET

Warren Buffett: 'Quite Clear Stocks Are Cheaper Than Bonds'

Posted ByAlex Crippen
Warren Buffett
Getty Images
Warren Buffett

Warren Buffett says it is "quite clear stocks are cheaper than bonds" right now, but notes that relationship will change eventually when confidence in the economy is inevitably restored.

In an appearance earlier today (Tuesday) at the Fortune Most Powerful Women Conference in Washington, Buffett said he "can't imagine" choosing bonds over stocks at current prices, but concedes that's what many investors have been doing because of a "lack of confidence" in the economy's future. "They're making a mistake, the ones that are buying the bonds" at record low yields.

»Read more
  Monday, 4 Oct 2010 | 9:10 AM ET

Tim Geithner Still Doesn’t Understand Capital Requirements

Posted ByJohn Carney

Last week Alan Blinder pointed out that despite all the hoopla about higher capital requirements coming out of the Basel negotiations, when the final requirements kick in in 2018, banks will only be required to have a Tier 1 leverage ratio of 33:1.

Timothy Geithner
Photo by: Pete Souza
Timothy Geithner

“Isn't that about what Lehman Brothers had?” Blinder asked.

That’s the kind of question that’s likely to make ordinary people scratch their heads. Certainly, in the run up to the financial crisis, these kind of eye-popping leverage ratios made lots of ordinary people—and some extra-ordinary people—do something more than scratch their heads—it convinced them to sell their shares of financial companies.

During the financial crisis, analysts such as Meredith Whitney were able to cause lots of trouble for financial firms by pointing out that regardless of whether this or that company was meeting regulatory capital requirements, many of them simply lacked sufficient capital to survive a crunch.

» 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.