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LVMH brought in a record-breaking $59 billion in revenue in 2019. Meet CEO...
LVMH, the world's largest maker of luxury goods, brought in a record-breaking $59 billion in revenue in 2019, the company announced this week.The company's chairman and CEO, Bernard Arnault, is the...
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Michael Lewis famously tore apart Warren Buffett. Here's what he said, and...
Michael Lewis tore into Warren Buffett in a scathing article in 1992.The "Moneyball" author said the billionaire investor "sold his reputation" when he became chairman of Salomon Brothers, the...
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Warren Buffett could soon become the S&P 500's most veteran CEO
Warren Buffett could soon become the S&P 500's most veteran CEO.Buffett has led Berkshire Hathaway for 50 years, second only to Lee Wexner's tenure at L Brands.Wexner is reportedly in talks to...
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Elon Musk is cheering Tesla's 100% gain. He invoked Warren Buffett to dismiss...
Tesla's stock price has more than doubled since January, boosting CEO Elon Musk's net worth by more than $15 billion.The electric-car maker's CEO complained about its volatility last year, calling it...
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John Huber's portfolio gained 55% in 2019 thanks to a hyperconcentrated...
John Huber, a managing partner and the portfolio manager at Saber Capital Management, learned the art of investing through a combination of historical anecdotes and forward-thinking commentary.He has...
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Inside billionaire Warren Buffett's unconventional open marriage, which...
Billionaire investor Warren Buffett had an open marriage with his first wife, Susan Thompson, until her death in 2004.Thompson left Buffett to pursue a singing career, but they remained amicably...
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Warren Buffett finally had his $4.6 million meal with crypto boss Justin Sun
Justin Sun finally had his $4.6 million meal with Warren Buffett.The Tron chief dined with Berkshire Hathaway's boss at an Omaha country club in late January."It was really an honor and I'm grateful...
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Investors paying hefty fees are frustrated that some big-name hedge funds are...
Billionaires like Seth Klarman and Warren Buffett are holding onto billions in cash as markets soar. Hedge-fund investors looking for diversification and uncorrelated returns are frustrated by the...
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Elon Musk made a $6 billion mistake when he bought SolarCity with Tesla stock
Elon Musk made a $6 billion error when he used Tesla stock to buy SolarCity in 2016.The shares were worth $2.6 billion at the time, but have soared 320% since then.Musk effectively paid $8.4 billion...
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'Swing for the fences': Warren Buffett's advice headlines Bill and Melinda...
Warren Buffett told Bill and Melinda Gates to "swing for the fences" when he pledged most of his fortune to their foundation in 2006. The billionaire philanthropists titled their foundation's 20th...
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A self-taught hedge-fund manager who's returned 16%-plus annually to...
Steven Kiel — the self-made founder and portfolio manager at Arquitos Capital — leverages a special-situations approach to investing that features hyperconcentrated positions.He says he looks for...
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Warren Buffett, Bill Gates, and the rabbit-duck illusion: SoftBank's CEO used...
SoftBank CEO Masayoshi Son wants the Japanese conglomerate to be seen as an investment company, not an operating one.Son used the rabbit-duck illusion to make his case during SoftBank's earnings...
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'Bulls--- earnings,' risky investments, and technology: Charlie Munger issues...
Charlie Munger, the vice chairman of Berkshire Hathaway, spoke at a Wednesday shareholder meeting for the Daily Journal, a Los Angeles-based publisher. Munger said there are "lots of troubles coming"...
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Warren Buffett loves using Valentine's Day to explain why See's Candies is...
Warren Buffett often uses Valentine's Day to explain why See's Candies is a "special" company.The billionaire investor says people associate the boxes of chocolates with romance.Therefore, See's can...
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Warren Buffett's son is spending hundreds of millions of dollars to help...
Colombia has struggled to crack down on the increasing cultivation of coca, the base ingredient in cocaine.Now Howard Buffett, son of multi-billionaire investor Warren Buffett, is seeking to help...
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Warren Buffett loses $1 billion in 2 days after Kraft Heinz disappoints again
Warren Buffett took a $1 billion loss as Kraft Heinz stock plunged 11% in two days.Berkshire Hathaway's 27% stake in the food giant shrank in value to $8.7 billion from $9.8 billion over Thursday and...
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Warren Buffett revealed stakes in Kroger and Biogen, and the news added $2.5...
Warren Buffett's Berkshire Hathaway disclosed stakes in Kroger and Biogen on Friday.The famed investor spent about $740 million on shares in the supermarket and biopharmaceuticals giants last...
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Warren Buffett sold more than $800 million worth of Apple stock last quarter
Warren Buffett sold more than $800 million in Apple stock last quarter, new SEC filings show.The Berkshire Hathaway CEO is Apple's biggest shareholder with a 5.4% stake worth $72 billion.Buffett's...
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How Bill Gates puts a communication technique he learned from Warren Buffett...
Bill Gates and Warren Buffett are among the most successful and wealthiest people in the world, with net worths valued respectively at $110 billion and $86 billion. In his foundation's latest annual...
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Here are Warren Buffett's top 15 favorite stocks (BRKB)
Warren Buffett is a billionaire mogul and the leader of Berkshire Hathaway. On Friday, Berkshire Hathaway released SEC filings showing which company stocks it bought, sold, and held in the fourth...
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