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Warren Buffett explains why a good business is one 'your idiot nephew' could run
Well-educated, high profile CEOs sometimes become synonymous with their companies.Steve Jobs and Apple, Mark Zuckerberg and Facebook, and Jeff Bezos and Amazon. It's hard to separate the man from the...
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Here's how rich you'd be if you had bet $1,000 on Warren Buffett back in the...
Saturday is the annual Berkshire Hathaway shareholders meeting, and CEO Warren Buffett and his right-hand man Charlie Munger will answer investors' questions.Over the last half-century, Buffett has...
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The incredible life and career of Warren Buffett, the billionaire every...
Warren Buffett's Berkshire Hathaway will host its annual meeting on Saturday.The event draws huge interest in the financial world and is sometimes called "Woodstock for Capitalists" or...
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BUFFETT: Jack Bogle is going to save American investors '100s and 100s of...
Billionaire investor Warren Buffett kicked off the proceedings at the Berkshire Hathaway 2017 Annual Shareholders Meeting with some high praise for a fellow stock market icon.He told attendees that...
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BUFFETT: Wells Fargo made 3 huge mistakes during the fake accounts scandal...
Warren Buffett said that the biggest failure of the Wells Fargo fake accounts scandal should be laid at former CEO John Stumpf's feet.Wells Fargo settled with regulators in September after it was...
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BUFFETT: Driverless vehicles 'won't be a good thing' for business (BRK.A)
The first analyst question at Berkshire Hathaway's annual meeting on Saturday was about the threat of self-driving technology."If they make the world safer it's going to be a very good thing, but it...
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'JEFF BEZOS IS A DIFFERENT SPECIES': Buffett and Munger praise Bezos, Amazon...
Warren Buffett and Charlie Munger are big fans of Jeff Bezos.At the Berkshire Hathaway annual meeting, the legendary investors praised the Amazon CEO saying that his ability to grow Amazon's business...
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'WE BLEW IT': Charlie Munger says it was a mistake for Berkshire Hathaway to...
Berkshire Hathaway wants to apologize.During the investment conglomerate's 2017 annual shareholder meeting, vice chairman Charlie Munger admitted Berkshire missed the boat on Google and Walmart."We...
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CHARLIE MUNGER: 'A lot of other people are trying to be brilliant. We're just...
Charlie Munger just dropped a nugget of wisdom at the annual Berkshire Hathaway shareholder meeting on Saturday."A lot of other people are trying to be brilliant. We're just trying to be rational," he...
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BUFFETT: There will be economic troubles, but 'we know that America will come...
Warren Buffett isn't too worried about any problems appearing in the US economy.Buffett has long held the belief that the American economy will do just fine, and he reiterated that belief at the...
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A millennial asked Warren Buffett what value his firm adds — here's what he said
When retired journalist Carol Loomis stepped to the microphone at Berkshire Hathaway's annual shareholder meeting, she posed a question sent in from the younger generation.The apparent "millennial"...
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Buffett says Trump's tax plan would be good for Berkshire, but won't change...
Warren Buffett thinks that President Donald Trump's massive tax cut plan will help Berkshire Hathaway's bottom line but won't change the way it invests in its business.Buffett noted that the...
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MUNGER: 'I do think the Chinese stock market is cheaper than the American...
Charlie Munger is bullish on China.The vice chairman of Berkshire Hathaway responded to a question from a Chinese investor at the Berkshire Hathaway annual meeting about the future of the Chinese...
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BUFFETT: Here's the kind of person I'd like to head up Berkshire Hathaway...
Even though the person may not replicate his investing track record, whoever replaces Warren Buffett as Berkshire Hathaway's CEO will take one of the most prominent positions in finance. Ajit Jain, who...
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BUFFETT: This is 'the number one problem with mankind' (BRK.A, BRK.B)
Warren Buffett sees cyber attacks as a bigger threat to humanity than nuclear weapons."I'm very pessimistic on weapons of mass destruction generally although I don't think that nuclear probably is...
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'The department store is online now': Warren Buffett says the face of retail...
Warren Buffett thinks retail in America is going through a huge transition.At the Berkshire Hathaway annual meeting, Buffett said there is clearly pain for retailers as they adjust to the growth of...
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BUFFETT ON REPUBLICAN HEALTHCARE BILL: 'It's a huge tax cut for guys like me'
Warren Buffett thinks that the US healthcare system is broken.The legendary investor said costs for healthcare have exploded in the US and are holding back business growth.Buffett pointed out corporate...
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Warren Buffett just confirmed the death of retail as we know it
Warren Buffett says that in 10 years, the retail industry will look nothing like it does now."The department store is online now," the billionaire investor said Saturday at Berkshire Hathaway's annual...
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DEATH AND REGRETS: Warren Buffett's big annual meeting was sort of depressing
The Berkshire Hathaway annual meeting has been called "The Woodstock of Capitalism" and a host of other corny names over the years, as famed investors Warren Buffett and Charlie Munger have whipped up...
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Warren Buffett and Bill Gates don't think Trump's tax cut will help business
Warren Buffett and Bill Gates aren't buying into President Donald Trump's tax plan.In an interview with CNBC on Monday, both Gates and Buffett downplayed the benefits of Trump's proposed tax cut for...
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