Weighing in on his investment in IBM shares Warren Buffett, Berkshire Hathaway chairman/CEO, who says he hasn't seen a large company such as IBM, that shares its business strategy roadmap.
Warren Buffett's Berkshire Hathaway releases its end-of-Q3 stock portfolio snapshot later today, but during his live appearance on Squawk Box this morning Buffett revealed its big secret: Berkshire has bought $10.7 billion worth of common stock in IBM.
Insight on why Warren Buffett, Berkshire Hathaway chairman/CEO has bought about $10.7 billion in IBM stock and 64 million shares of the company this year.
Warren Buffett says it's not clear Europe has the will or ability to do "whatever it takes" to resolve its debt crisis. Appearing live on CNBC's Squawk Box this morning, Buffett says he looks at European sovereign debt every day but has not gotten back into it.
"It's not clear who can say we'll do whatever it takes over there, it still has to be clear on who will do what and that they will do it," says Warren Buffett, Berkshire Hathaway chairman/CEO, who says he feels better about the developments in Italy and Greece but not the situation. Buffett also discusses why the residential construction business is in a depression.
While sinking markets and renewed fears of a global recession were enough to drive many out of equities in the third quarter, Warren Buffett invested the most in 15 years for the quarter ended Sept. 30.
One of Warren Buffett's favorite rules of investing is that the lower prices get, the more he's likely to buy. We now have another indication Berkshire Hathaway has indeed been doing more buying as stock prices plunged in the third quarter.
Operating earnings at Warren Buffett's Berkshire Hathaway increased by 36.8 percent to $3.81 billion in the third quarter. A reported "loss" of $1.59 billion for Berkshire's derivatives positions, however, contributed to a 23.8 percent drop to $2.29 billion for the company's net earnings.
Warren Buffett's "five-minute" plan to fix the nation's deficit problem .. delivered with a laugh during a live interview on CNBC in July .. has gone viral. What's missing, however, is the laugh.
A look at Warren Buffett's fundraising efforts for President Obama and what, exactly, he's been buying lately, with John Reese, Validea CEO.
With Chinese automaker BYD opening its US headquarters in Los Angeles today, much of the attention will be focused on Berkshire Hathaway, the investment firm that owns 10% of BYD.
Warren Buffett is about to hit the small screen. No, he hasn’t decided to give up being a bazillionaire investor for the life of a struggling actor – he’s launching a animated series called the “Secret Millionaires Club.”
Mike Khouw, Cantor Fitzgerald with the options play on rumors billionaire investor Warren Buffett is taking a stake in Whirlpool.
Warren Buffett has told a Republican Congressman that his adjusted gross income last year came to $62,855,038, with taxable income of $39,814,784. He also paid $15,300 in payroll taxes.
In February, Steven P. Jobs had learned that, after years of fighting cancer, his time was becoming shorter. He quietly told a few acquaintances, and they, in turn, whispered to others. And so a pilgrimage began. The New York Times reports.
President Obama's proposed 'Buffett Rule' and the 'Millionaire Surtax' recently put forward by Senate Democrats share a common theme: require millionaires and billionaires to shoulder a larger proportion of the nation's tax burden. They are not, however, exactly the same. During his news conference this morning, Obama drew a clear distinction.
As you've surely noticed, the Occupy Wall Street Protestors have taken things to another level in the past couple of days.
Warren Buffett tells CNBC that Steve Jobs "made a mark on this world no one will ever forget."
Warren Buffett has a challenge for News Corp chief Rupert Murdoch: I'll release my tax return if you release your return at the same time.
While big name investors are predicting a double dip, the economic indicators show more positive signs, says blogger Vince Farrell.