Warren Buffett's Berkshire Hathaway reports today it owned 20.3 million shares of DIRECTV as of December 31, the end of the fourth quarter. That's up 379 percent from the 4.2 million it reported owning as of the end of Q3. Berkshire also reports a sizable decrease in its Johnson & Johnson stake. It fell by 8.4 million shares, or 23 percent. That cut stake would be worth $544.6 million at today's close.
The “Mad Money” host thinks it could be the "perfect stock" to own for 2012.
Warren Buffett isn't just an oracle, he's a wizard, says Mad Money's Jim Cramer, and with the upturn in housing; the strength in rails; the surge in chemicals, and the insurance renaissance, Berkshire Hathaway is too good to ignore, and that makes it a screaming "buy" at these levels.
Warren Buffett is making his case. Stocks, or investments in any "productive" asset, will "prove to be the runaway winner" over bonds or gold .. and "more important, it will be by far the safest," he writes in Fortune magazine.
A version of President Obama's "Buffett Rule" has been introduced in the U.S. Senate but it faces an enormous obstacle: strong Republican opposition. Today, Senator Sheldon Whitehouse, a Democrat representing Rhode Island, formally introduced what he's calling the "Paying a Fair Share Act of 2012."
Warren Buffett is matching a 16-year-old girl's $300 deficit-reducing donation, reports WLS in Chicago.
Warren Buffett says criticism of his secretary, Debbie Bosanek, over her supposed high salary and purchase of a second home, is 'ridiculous' and misses the point he's trying to make on tax rates for the very rich.
As President Obama again made the argument that it's not fair Warren Buffett's secretary pays a higher tax rate than her billionaire employer does, a Forbes contributor gets some attention with a post headlined "Warren Buffett's Secretary Likely Makes Between $200,000 and $500,000/Year." But is there really a strong argument to support that conclusion?
President Obama's proposal to increase taxes on the rich is "designed to come at me," Mitt Romney told CNBC Wednesday.
The woman who has gained some fame as Warren Buffett's "secretary" .. she actually refers to herself as Buffett's assistant .. is "excited" about sitting with Michelle Obama during tonight's State of the Union address by President Obama.
Warren Buffett ups the ante with an offer during a Bloomberg interview to donate millions of dollars to help reduce the nation's deficit .. 15 percent of his annual income .. if at least 50 Capitol Hill lawmakers do the same.
A short video clip of Warren Buffett playing the ukulele and singing "I've Been Working on the Railroad" is part of Chinese television's New Year celebration. It appears on the 2012 Spring Gala website of state broadcaster CCTV. The Gala is a massive television program marking the start of the lunar new year that's watched by millions of Chinese.
He's not known for the night life but last night Warren Buffett was hanging with Jay-Z.
Warren Buffett will be writing a check made out to the United States Treasury for just over $49,000 to help pay down the national debt. He's matching voluntary contributions made this year and last year by Rep. Scott Rigell, a Republican representing Virginia.
Bill Gates is one of the richest men in the world. He's also changed the way we work and live. We take a look at his life from whiz kid to self-made billionaire to philanthropist.
The office of Minority Leader Mitch McConnell has issued a swift response to Warren Buffett's offer to match three-for-one any contribution McConnell makes to reduce the deficit. A spokesman suggests that Buffett should be matching contributions "from those who actually want to pay higher taxes, including Congressional Democrats, the President and the DNC."
Warren Buffett has a challenge for Senate Minority Leader Mitch McConnell, telling Time he'll match three-for-one any voluntary donations McConnell makes to reduce the federal deficit. It's a response to McConnell's criticism of Buffett's call for higher tax rates on the super-rich.
Music lovers in China can relax. The report that Warren Buffett would sing and play guitar for the Chinese New Year turns out not to be accurate.
Even though the benchmark S&P 500 stock index has ended 2011 unchanged, that flat performance is enough to beat shares of Warren Buffett's Berkshire Hathaway.
John B. Helmers, Principal and Chief Investment Officer of Swiftwater Capital Management offers his 2012 predictions.