The Wit and Wisdom of Warren Buffett
Billionaire Warren Buffett dispensed plenty of advice on investing and life during this weekend's Berkshire Hathaway shareholders meeting.
Billionaire Warren Buffett dispensed plenty of advice on investing and life during this weekend's Berkshire Hathaway shareholders meeting.
The cost to dine with investor Warren Buffett has apparently spiked in value, with one deep-pocketed bidder forking over nearly $3.5 million during a charity auction. The annual auction for a private lunch with the Nebraska billionaire closed following a flurry of activity in the final hours Friday night.
Berkshire Hathaway is buying back its own shares. But Buffett's latest move is unlike most repurchasing plans, and investors will do well to inspect it closely for clues on what it might suggest.
Berkshire Hathaway expanded its list of potential successors to CEO Warren Buffett to four candidates from three.
Warren Buffett's Berkshire Hathaway reported that second-quarter earnings fell 7.7% from a year earlier after a loss from derivatives more than offset operating gains from its February acquisition of railroad operator Burlington Northern Santa Fe.
Warren Buffett's Berkshire Hathaway Inc. was questioned earlier in the year by U.S. regulators on why the holding company didn't write down $1.86 billion in losses largely from its investments in Kraft Foods Inc. and U.S. Bancorp during the second quarter.



