Warren Buffett

Warren Buffett selects farmer son as successor

Warren Buffett has selected his 56-year-old son Howard, to succeed him as chairman of Berkshire Hathaway (NYSE:BRK.B), CBS News reported today.

Bank of America gets $5bn investment from Buffett

Investment guru Warren Buffett has invested $5 billion in the Bank of America, the largest bank of the country which is in deep financial trouble owing to the faulty mortgages.

Buffett’s Berkshire Hathaway joins bidding for Transatlantic

Berkshire Hathaway, Inc. owned by Warren Buffett, has jumped into the bidding war for the Transatlantic Holdings, Inc., a reinsurer based in New York.

WARREN BUFFET'S LUNCH GETS RECORD BID OF $2,626,411

What would you pay to break bread with one of the richest men in the world? Ask the anonymous donor who put in the winning bid of $2,626,411 at the 12th annual charity auction for the privilege of dining with billionaire investor Warren Buffett.

Warren Buffett Isn't a Stock Picker?

"Buffett buys control of companies. He is not a stock picker."
-- Dan Solin

Wait, what? Come again? The preceding is a comment from investment writer Dan Solin responding to a reader of his recent post "Foolish Advice From the Motley Fool." The advice that he's referring to came from yours truly.

2011's Top Dividend Aristocrats

Yes, dividend investing is popular. And it may become even more popular, now that Congress has extended legislation that maintains the low tax rate on corporate payouts for next year. You can find many great dividend stalwarts among the companies that have successfully paid out cash for decades.

Is Warren Buffett a Grinch?

Tis the season for partisan bickering. Or at least, that's what'll likely be on the schedule as the House prepares to vote on the tax compromise that President Obama reached with Republicans.

President Bush and Warren Buffett on the Financial Crisis

 "Believe me, I'd be fine if these companies fail, but the whole economy is on the line," President George W. Bush warned a congressman in Sep. 2008, according to his just-released memoir Decision Points. "The son of a bitch is going down if we don't step in." He's not the only one who felt that way.                                                 

 

Facebook’s Zuckerberg to donate $100mn to Newark schools

Facebook founder Mark Zuckerberg plans to provide $100 million for the improvement of the public school system in Newark, N.J, The New York Times reports. This first big act of public philanthropy from the Facebook CEO will be formally announced on ‘The Oprah Winfrey Show’ on Friday.

Derivative contracts erode Q2 net profit at Berkshire Hathaway

Second-quarter profit at Warren E. Buffett's, Berkshire Hathaway plunged 40 percent primarily because declining stock prices led the value of its derivatives contracts to fall.

How Warren Buffett Destroyed the Market

A few months ago, I laid out exactly how mutual fund manager Peter Lynchaveraged 29% annual returns for more than a decade.

Buffett -- Sold!

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. -- Warren Buffett