Warren Buffett Makes Another Major Newspaper Investment (BRKA, MEG, BRKB)
Warren Buffett's Berkshire Hathaway has agreed to purchase 63 daily and weekly newspapers owned by Media General for $142 million, including titles in Virginia, North Carolina, South Carolina and...
View ArticleWarren Buffett Trashes Higher Education, Says It's 'Not For Everyone'
Warren Buffett offered some dismissive words on higher education in a conversation with MBA students last month (notes provided by Market Folly). Here's what he said when asked about the student loan...
View ArticlePresenting A Complete Transcript Of The Berkshire Hathaway Annual Meeting
The following are my notes from the 2012 Berkshire Hathaway Annual Meeting: Berkshire Hathaway Annual Meeting May 5, 2012 (Notes taken by Professor David Kass, Department of Finance, Robert H. Smith...
View ArticleThe Video From This Year's Berkshire Meeting Sounds Absolutely Ridiculous
Dr. David Kass has posted an excellent transcript from the Berkshire Hathaway annual meeting. It includes a description of the one-hour humorous film that opened the meeting, continuing a long...
View ArticleBUFFETT: Europe's Financial Crisis Could 'Spill Over In A Big Way'
WASHINGTON (AP) — Despite recent signs of weakness, the U.S. economy isn't likely to slip back into a recession, Warren Buffett said Tuesday. He also said both political parties deserve blame for the...
View ArticleWarren Buffett's High School Yearbook Totally Nailed What He Would Be When He...
While everyone may be buzzing about Warren Buffett's speech at the Economic Club of Washington yesterday, many are overlooking the fact that the genius investor also took time to visit his old junior...
View ArticleThe One Thing That Warren Buffett Will Do For Hours On The Computer—And It's...
It's common knowledge that Warren Buffett doesn't have a computer in his office and doesn't rely on technology much when he makes investing decisions. But during a talk at the Economic Club of...
View ArticleBarbarous Times Call For Barbarous Relics
Gold is “forever unproductive,” says Warren Buffett, CEO of Berkshire Hathaway. “Civilized people don’t buy gold,” says Buffett’s sidekick, Charlie Munger. Civilized people, says Munger, “invest in...
View ArticleWATCH: Warren Buffett's Badass Personal Bodyguard In Action
Dan Clark has been Warren Buffett's personal bodyguard for almost 20 years, so his services to one of the world's richest men isn't big news or any surprise. Clark runs security firm Clark...
View ArticleA Steak Lunch With Warren Buffett Now Costs $3.5 Million
The value of a private lunch with the Oracle of Omaha just skyrocketed. An anonymous individual paid $3.5 million yesterday in an annual charity auction that lets the winning bidder lunch with Warren...
View ArticleWarren Buffett And Lloyd Blankfein Spoke About Small Businesses On MSNBC This...
Goldman Sachs CEO Lloyd Blankfein and Warren Buffett are speaking now on MSNBC's Morning Joe. - The two are on to discuss Goldman Sach's small business program, "10,000 Strong." - (Reminder: Buffett...
View ArticlePOLL: Warren Buffett Says Kids Born In The US Today Are The Luckiest People...
Warren Buffett and Goldman Sachs CEO Lloyd Blankfein were just on MSNBC's Morning Joe. And while you can probably imagine what kind of amazing one-act show/buddy comedy those two could put on...
View ArticleTHE MICROSOFT INVESTOR: Skype's User Metrics Are Pretty Impressive (MSFT)
The Microsoft Investor is a daily report from SAI. Sign up here to receive it by email. MSFT Up With Markets Stocks are up after a rocky morning despite Europe closing largely in the red. Shares of...
View ArticleUPDATED: Warren Buffett Responds To Report Benjamin Moore's CEO Was Fired...
This post has been updated. UPDATE (6/28): The Wall Street Journal obtained a letter from Warren Buffett responding to the New York Post story about a Bermuda cruise that lead to the ouster of...
View ArticleBuffett's Favorite Valuation Metric Is Turning Bullish
The most recent update to Warren Buffett’s favorite valuation metric is showing some fairly encouraging signs. For those who aren’t aware, Buffett is quoted saying that the total market cap vs GNP is...
View ArticleI Know A Guy Making 16.5% Gross From Buying And Leasing Homes
One crisp fall Sunday afternoon under bright blue skies, my wife and I visited five homes up for sale. We remembered them by their street names: Big Acre, Blue Silo, Pontiac, Prairie Rose and Lamont....
View ArticleWarren Buffett's 'Pseudo-Folksiness' Is Getting Old (BRK, A, BRK, B)
Barron's is out with its list of 100 Most Respected Companies. (Spoiler alert: Apple kept its spot at the top of the list.) Among the losers this year was Berkshire Hathaway, the global conglomerate...
View ArticleAnd Now For A Video Of Warren Buffett Playing The Ukulele With Jon Bon Jovi
More and more it seems like Warren Buffett sees philanthropic events as an opportunity to show case is musical talents. Fine. That's what he did last night at the Forbes 400 Summit on Philanthropy, a...
View ArticleThe Spectacular Rise And Fall of Salomon Brothers
As we anxiously await the film adaptation of Michael Lewis' seminal Wall Street book, "Liar's Poker," we figured we'd take a few moments to re-familiarize ourselves with the rise and fall of the...
View ArticleWhy Warren Buffett Keeps Adding To His Wells Fargo Investment
In its annual report for 2011, Berkshire Hathaway (BRK.A) (BRK.B) reported common stock investments in eleven companies that each had a market value exceeding $1 billion. However, there has been only...
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