In an exclusive interview with Managing Asia, Wang Chuan Fu, Founder and Chairman of Shenzhen-based BYD, talks about how he is charging up China's car-and-battery giant for the future.
Warren Buffett's Berkshire Hathaway reports a 35.6 percent surge in operating profits for its third quarter, with "major contributor" Burlington Northern getting a lot of the credit. That's similar to the company's second quarter, when Burlington was also cited as a "major contributor" to that period's 73 percent earnings jump.
Look for gains when Warren Buffett's Berkshire Hathaway reports third quarter earnings after the bell rings on today's (Friday) Wall Street trading session.
A healthy dose of balance and good old fashioned Washington debate might be just what is needed for investors.
The financial press has been in fits trying to find information on Todd Combs, the heretofore unknown guy that appears to have been selected to succeed Warren Buffett as Berkshire Hathaway’s investment chief.
They're not just household names but also vivid illustrations of how closet indexers can destroy your wealth, and here's why.
Berkshire Hathaway would have been wiser to outsource investing advice to hedge funds rather than hire a manager whose experience is concentrated in one sector, another fund's manager told CNBC Tuesday.
What was the first thing that came to mind when you heard the name "Todd Combs"?
Investor Warren Buffett has hired a relatively unknown hedge fund manager, Todd Combs, to help oversee Berkshire Hathaway’s overall portfolio. It's come as a a surprise to many. Combs is a 39-year-old hedge fund manager from Connecticut, will "soon be joining Berkshire as an investment manager."
Warren Buffett’s hiring of a relatively unknown hedge fund manager, Todd Combs, to help oversee Berkshire Hathaway’s overall portfolio came as a surprise to many. In the past month, speculation ran high as to who would take the top job as next investment chief at Berkshire.
Warren Buffett's Berkshire Hathaway revealed tonight (Monday) that Todd Combs, a 39-year-old hedge fund manager from Connecticut, will "soon be joining Berkshire as an investment manager." That instantly launches the relatively unknown investor into the spotlight as a leading contender to eventually succeed Buffett as manager, or one of the managers, of Berkshire's vast portfolio.
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.
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.
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.
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.
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.
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.
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.
Ed Asner is cast as Warren Buffett in an upcoming movie about the financial crisis, recalling Buffett's resemblance to the character voiced by Asner in Pixar's Up.
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.