Tag: warren buffett

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  • Warren Buffett life after Berkshire Hathaway

    Life after Warren Buffett? UBS says Berkshire Hathaway is ready

    Warren Buffett is synonymous with Berkshire Hathaway but there will eventually be the day when the 85-year-old investor is no longer at the helm of the company he founded. When that day arrives UBS’ Brian Meredith believes the company will be able to get along just fine without its long-time leader. “While Buffett’s superior capital allocation […]

  • Kinder Morgan

    Warren Buffett is betting big on certain parts of oil

    Warren Buffett is increasing his bets on big oil, taking a sizable stake in oil pipeline company Kinder Morgan at the end of 2015. The energy company’s stock shot up 10% Wednesday morning after Buffett’s buy was revealed in a routine regulatory filing. Buffett has famously proclaimed in the past, “be fearful when others are greedy […]

  • Guo Guangchang goes missing in China

    China’s ‘Warren Buffett’ is missing and his company has halted trading

    Trading in the shares of Chinese conglomerate and Club Med owner Fosun International was suspended on Friday. The company’s billionaire chairman has become unreachable and may be under investigation by Chinese authorities. Guo Guangchang, 48, who is regularly called “China’s Warren Buffett,” had been out of contact since Thursday. Several social media postings suggest that […]

  • Warren Buffett and Sears Building Holdings

    Warren Buffett Just Made A Big Personal Bet On This Company

    It’s not uncommon for Berkshire Hathaway to acquire large stakes in companies, however, the company’s founder, Warren Buffett, rarely spends his own money on stocks. That’s what made his purchase of 2 million shares in Seritage Growth Properties this week so special. His 2 million shares are worth 8% of the company and Buffett is […]

  • Goldman Sachs and Warren Buffett Sale

    Warren Buffett Has Cut His Holdings In Goldman Sachs

    Warren Buffett’s Berkshire Hathaway on Monday said it reduced its stake in Goldman Sachs Group by 13 percent during the third quarter. Berkshire Hathaway threw its support behind the investment banking giant during the height of the 2008 global financial crisis. In a U.S. Securities and Exchange Commission filing, Berkshire said it owned 10.96 million […]

  • Warren Buffett thinks America is great right now

    Warren Buffet Thinks ‘America Has Never Been Greater’

    Warren Buffett believes America has never been in better shape. During a talk at Fortune’s Most Powerful Women conference in Washington, D.C., Buffett proclaimed “America’s great now — it’s never been greater.” It’s too bad got Donald Trump that he’s using the campaign slogan, “Make America Great Again!” Buffett is by far one of the biggest […]

  • Phillips 66

    Berkshire Hathaway Takes $4.48 Billion Stake In Phillips 66

    Warren Buffett’s Berkshire Hathaway has revealed a $4.48 billion stake in oil refiner Phillips 66  The 57.98 million-share, or roughly 10.8 percent, stake was revealed in a Friday night filing with the U.S. Securities and Exchange Commission. Berkshire owned a much larger stake in the company but sold two-thirds of its investment in February 2014. […]

  • Warren Buffett Luncheon 2015 - Winning Auction Bid

    Someone Just Bought Lunch With Warren Buffett For $2.3 Million

    Every year billionaire investor Warren Buffett auctions off a lunch date and every year someone bids an incredible amount of money to sit down with one of the world’s richest men. This year the winning bid was auctioned off for $2.35 million. The winning bid was placed by Chinese gaming company Da Lian Zeus Entertainment. […]