WarrenBuffett

Cost to Lunch with Warren Buffett: $3.5 Million

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.

5 Companies Americans Can Be Proud Of

Called it conscious capitalism or just good business, but these five companies have all prospered in every measure over the last decade by doing good for their employees, suppliers, customers or the general public.

America's Wealthy Step Up to the Plate

This month, 12 more billionaire families committed to donate at least half of their wealth to charity by taking the Giving Pledge. Here are introductions to some of the new signatories and their pet philanthropic projects.

Why It's Time to Dump Your Dividend Stocks

With the Dow surging past 13,000, capital gains fans are sitting pretty, and a Barron's poll of financial experts says dividend stocks are the place for the smart money to be. But all the exuberance is masking several reasons why it's actually time to get out of those popular equities.

Buffett Says Stocks, Homes Are Fairly Cheap Now

Warren Buffett said Monday that stocks remain relatively cheap compared to other investments as the economy continues to improve. He also said that the company he heads is prepared to replace him whenever the need arises. The billionaire addressed a variety of topics during an interview on the cable TV network CNBC, two days after his annual letter to the conglomerate's shareholders was released.

Enter the Dragon: Chinese New Year Heralds Good Luck

Monday marks the start of the Chinese New Year -- the Year of the Water Dragon, to be precise, which comes around every 60 years. In Chinese culture, the dragon is seen as "a mystical and auspicious creature." Accordingly, this year is expected to be lucky, even transformational.

Buffett's Firm Buys About $10.7B in IBM Shares

In an interview with CNBC on Monday, Warren Buffett said his company bought about $10.7 billion of IBM stock this year, giving it a stake of more than 5 percent in the technology company. Berkshire Hathaway Inc., planned to file a full quarterly update on its U.S. stock portfolio Monday afternoon.

Get Ready for Great Recession, Part 2

The capital of Pennsylvania just fell into bankruptcy. What? You didn't hear? Neither did the financial markets -- yet. The day after Harrisburg bit the bullet, the Dow barely trembled, while the Nasdaq actually rose slightly. But two of our smartest investors seem to think this is a very big deal indeed.

Time for Investors to Bail on Buffett?

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.

Tax the Rich? 80% of Young Voters Say 'Yes'

Younger voters are weighing in extremely positively on President Obama's proposal to tax millionaires another $1.5 trillion over the next 10 years. According to a new survey, 80% of Americans under the age of 30 strongly support the move, while less than 9% oppose it.

Meet the Richest People in America

The nation's wealthiest are worth a combined $1.53 trillion, according to Forbes. And while there are many familiar faces on this year's list of the richest Americans, a younger group of entrepreneurs are quickly marching their way up the ranks.

Why Taxing the Rich Is Good for America

Last week, Warren Buffett wrote an incredible opinion piece in The New York Times asking the government to raise taxes on the wealthiest Americans, himself included. "My friends and I have been coddled long enough by a billionaire-friendly Congress," he argued, and he's not alone in that view.

Men vs. Women on Money: Polls Reveal Odd Differences

Men's lifestyle website AskMen's Great Annual Survey polled men on a host of subjects: Careers, relationships and -- most important for us at DailyFinance -- their financial opinions. Then they teamed with Cosmopolitan to get the female point of view. And some of the gender disparities were pretty striking.

How to Distinguish a Value Stock From a Value Trap

A high-growth, rapid innovator like Apple is hardly the sort of stock you'd expect to find in a value investor's portfolio. Nevertheless, value investing guru Bill Nygren runs a mutual fund that owns some Apple shares. Find out why some tech stocks are appealing to value investors now.

How You Can Join the Ranks of the New Millionaires

Last year, the number of millionaires worldwide grew by 8.3%, and about one in a hundred American's qualifies as a "high-net-worth" individual. Wondering how you can join that demographic? It's not so far fetched: Just follow the advice of these fiscal big shots and you'll be on your way.

Understanding Why 'Warren Buffett Invests Like a Girl'

No joke: The Oracle of Omaha made his billions by tapping into his feminine side. Author LouAnn Lofton's new book, "Warren Buffett Invests Like a Girl," explains what women and Warren do right when it comes to the markets, and how you can learn from their temperaments.

U.S. Employment Figures Buoy Nikkei, Buffett's BYD Boosts Hang Seng

A slight slip in the price of oil allowed Japanese investors to focus attention on positive employment figures out of the U.S., boosting the Nikkei 225 Index by 0.9%. In Hong Kong the Hang Seng also Index added 0.3%, while the Shanghai Composite Index edged down 0.4%.

Here's the Next Company Buffett Should Buy

Warren Buffett recently said he was anxious to pull the trigger on another large deal. Sheldon Liber, who has correctly predicted some of Buffett's earlier acquisitions, writes here about which company Buffett could acquire next. You heard it here first.

Berkshire Income Drops 40%

Warren Buffett's company reported a 40% drop in second-quarter profit because largely unrealized derivative losses of $1.4 billion outweighed improvements at Berkshire Hathaway Inc.'s operating companies.

Daily Blogwatch: Where Exactly Is the Oil Spill?

Some of Monday's top online stories for investors, including detailed maps of the oil spill, a long-term looks at gold prices, and Warren Buffett encourages wealthy Americans to pledge half their money to charity.

Buffett Could Save Goldman

Questions about whether Goldman Sachs Group chairman and CEO Lloyd Blankfein can stay in his job are mounting. Could Buffett step in?

Did Goldman Director Pass Insider Info to Galleon?

The insider trading case against Galleon hedge fund founder Raj Rajaratnam has led investigators to look closely at Rajat Gupta, a Goldman Sachs director. Prosecutors believe Gupta may have shared inside information about the investment bank with Rajaratnam during the depths of the financial crisis.

Mexico's Carlos Slim Named Richest Man in the World

Mexico's Carlos Slim Helu tops Forbes's annual ranking of the world's richest people, unseating perennial inhabitants Bill Gates and Warren Buffett and becoming the first non-American to top the list since 1997.

Buffett Blasts Wall Street as Berkshire Gains

Berkshire Hathaway returned to form in 2009. Despite lingering effects from the recession and a few key missteps, the results were good enough for billionaire CEO Warren Buffett to express optimism about the future in his widely read annual letter to investors.

Retail Investors, Rejoice: Berkshire Joins S&P 500

Warren Buffett's Berkshire Hathaway will be added to the S&P 500 Index at the close of trading Friday, meaning millions of retail investors will have a little piece of the legendary Oracle of Omaha's company to call their own.

Is Baby Buffett a bargain?

Good news, average investors: You too can now afford a share of Warren Buffett's coveted Berkshire Hathaway stock, thanks to a 50-to-1 stock split...