Warren Buffett told CNBC that Apple has been too secretive about the health problems facing CEO Steve Jobs, saying the company should have immediately disclosed Jobs' liver transplant.
Warren Buffett's latest assessment of the U.S. economy will be a prime topic of conversation later this morning when he appears live on CNBC television. Buffett is scheduled to be interviewed by Squawk Box co-anchor Becky Quick at 11:45a ET, just before he hosts a charity lunch at New York's Smith & Wollensky steakhouse.
Newsletter writer and frequent CNBC guest Dennis Gartman isn't standing behind his reported "Warren Buffett is an idiot" quote. But Gartman does tell CNBC it's "inexcusable" that Berkshire Hathaway fell 45 percent in one year because Buffett didn't do enough to "mitigate" his losses in a tough market environment.
Warren Buffett is scheduled for a live interview on CNBC television this coming Wednesday morning at 11:45a ET on The Call. Squawk Box's Becky Quick will be speaking with Buffett in New York City, just before his lunch with last year's charity auction high bidder.
Microsoft's Bill Gates says the best advice he's ever gotten from his friend and fellow billionaire Warren Buffett is to keep things simple.
Bidding is now underway for an opportunity to have lunch with Warren Buffett. Last year, the winner paid $2.1 million. This year may be another story.
Options on Berkshire Hathaway's Class B shares begin trading today on the Chicago Board Options Exchange. Warren Buffett, however, probably isn't interested.
Lunch with Warren Buffett doesn't come cheap. Bidding on eBay for this year's "Power Lunch with Warren Buffett" begins this coming Sunday, June 21 at 10p ET. If you want to get into the action, be prepared. Last year, the lunch sold for $2.1 million.
Warren Buffett's big jewelry retailer in Omaha is feeling the recession's sting. In another sign that even 'luxury' stores backed by billionaires aren't immune to the economic downturn, Borsheim's has laid off 13 employees.
Warren Buffett has been looking beyond Wall Street stocks to find some "unthinkable" investment bargains.
A pair of cowboy boots signed by Warren Buffett has sold for $2700 at a Nebraska charity auction. That's $600 more than the $2100 high bid for boots signed by Buffett's friend and friendly competitor, Bill Gates.
Warren Buffett's official biographer has a "fair warning" for investors: The Oracle of Omaha isn't as bullish as he sounds. Alice Schroeder says you need to listen to both sides of his psychology: "buoyant optimism tempered by extreme caution... In temperament, he could be the son of Woody Allen and Doris Day."
Warren Buffett's Berkshire Hathaway has sold its remaining stake of over six percent in Constellation Energy, with most of it going to a British investment bank. In an SEC filing, Berkshire's MidAmerican Energy Holdings discloses a series of sales, including the sale of almost 11 million shares today (Monday) at $27.25 each to Barclays Capital. The rest of the shares listed in today's filing were sold on the open market over the past two weeks.
Is there a connection between Warren Buffett and Carl Fredricksen? Buffett is a 78-year-old billionaire and financial sage who flies in a private jet when he leaves his Omaha home. Fredricksen is a 78-year-old balloon salesman who takes his midwestern home with him when he goes flying. They're both characters, but Carl is fictional.
Volkswagen says it has signed a "memorandum of understanding" with Chinese carmaker BYD to explore "options for partnership in the area of hybrids and electric vehicles powered by lithium batteries." Warren Buffett's Berkshire Hathaway bought a 10 percent stake in BYD last fall, and Buffett has been personally promoting the company's efforts.
Warren Buffett and his friend Bill Gates reportedly joined with David Rockefeller Sr. to invite a group of the world's richest people to gather in one room earlier this month. The agenda wasn't world domination. It was making philanthropy more effective. Among the other well-known, and very wealthy names, attending the meeting on May 5 in New York City: Michael Bloomberg, Peter Peterson, George Soros, Ted Turner, and Oprah Winfrey.
A Michael Lewis review in The New Republic of Warren Buffett's authorized biography can, and has, been seen as a renewed attack by the well-known business journalist on the Oracle of Omaha. But it also culminates in a defense of Buffett as a "real live human being" who has remained "deeply admirable."
Warren Buffett confirms to CNBC's Becky Quick that Berkshire Hathaway has made changes to some of its controversial bets on the long-term health of stocks. Buffett told Becky last night by telephone that roughly $2 billion of put options on the benchmark S&P 500 stock index have been altered. Changes have also been made to a derivative on a foreign stock index, but he's not saying which one. The new contracts have a lower strike price but cover a shorter time period.
If you’re looking for an investment outside the stock market, maybe it’s time to consider muni bonds.
Even though Warren Buffett always says he likes stocks more when they're cheaper, he didn't do a lot of buying as Wall Street's major indexes fell to their bear-market lows (so far) in early March. Berkshire Hathaway's first quarter stock portfolio snapshot shows no blockbuster buys. A few stakes did, however, get bigger during the first three months on the year.