Warren Buffett swapped stock for cocoa in the 1950s. Here's the story of the...
Summary List PlacementWarren Buffett took advantage of an arbitrage opportunity involving cocoa beans in 1954.Rockwood & Company, a chocolate maker led by Jay Pritzker, was buying back its shares...
View ArticleWarren Buffett's Berkshire Hathaway swung from extreme caution to a flurry of...
Summary List PlacementWarren Buffett, hunched over a microphone on a stage overlooking a dark, cavernous, and virtually empty hall, cut a forlorn figure at Berkshire Hathaway's annual meeting in...
View ArticleA financial writer says the 'secret' to Warren Buffett's success is something...
Summary List PlacementWarren Buffett is a skilled investor who is studied, analyzed, and imitated by many. But the "secret" to Buffett's immense wealth is simply how long he's been investing, writes...
View ArticleWarren Buffett drinks 5 cans of Coke a day — here's why he switched from...
Summary List PlacementWarren Buffett famously consumes five cans of Coke a day.However, Berkshire Hathaway's billionaire boss drank Pepsi for nearly 50 years, and only switched sodas because an old...
View ArticleInvesting legend Terry Smith's $30 billion equity fund returned 440% to...
Summary List PlacementIn 2010, Terry Smith launched a new equity fund with only£39 million ($52 million) assets under management, £25 million ($33 million) of which was from his own personal account,...
View ArticleWarren Buffett said an 89-year-old carpet seller would 'run rings around'...
Summary List PlacementWarren Buffett said an 89-year-old carpet saleswoman would "run rings around" the best corporate executives and business-school graduates in America.Berkshire Hathaway's...
View ArticleWarren Buffett paid out $60 million after the Red Sox won the World Series in...
Summary List PlacementWarren Buffett took a $60 million hit after the Red Sox won the World Series in 2007, according to the Boston Globe.The famed investor's Berkshire Hathaway conglomerate made the...
View ArticleGoogle's founders visited Warren Buffett more than a decade ago — and were so...
Summary List PlacementGoogle founders Larry Page and Sergey Brin stepped down as heads of Alphabet in 2019.The pair had the idea for Alphabet — a holding company that houses Google, DeepMind, Waymo,...
View ArticleWarren Buffett's right-hand man shapes his investing approach and keeps him...
Summary List PlacementWarren Buffett's business partner, Charlie Munger, molded the Berkshire Hathaway CEO's investing approach and helps keep him disciplined, "Shark Tank" star Kevin O'Leary said on...
View ArticleHow 8 billionaires, from Elon Musk to Warren Buffett, feel about bitcoin
Summary List PlacementBitcoin is once again dominating financial discourse and making headlines as it sees tremendous gains.The cryptocurrency first went mainstream — and drew both attention and huge...
View Article'Shark Tank' star Kevin O'Leary discussed the value of investing, shorting...
Summary List PlacementThe "Shark Tank" star Kevin O'Leary underscored the value of investing, spoke about shorting Yahoo, and predicted the pandemic would transform retail forever on the "Industry...
View ArticleBillionaire investor Bill Ackman scored a record 70% return in 2020 as his...
Summary List PlacementBill Ackman's Pershing Square scored a 70% return in 2020, exceeding its previous record of 58% in 2019.The billionaire investor's hedge fund saw its net asset value per share...
View ArticleWarren Buffett's Berkshire Hathaway likely scored a $50 billion gain on Apple...
Summary List PlacementWarren Buffett's Berkshire Hathaway probably made a $50 billion gain on its Apple bet last year, boosting its total gain from the tech investment to more than $90 billion.The...
View ArticleWarren Buffett is a great judge of character, owes his success to...
Summary List PlacementWarren Buffett excels at sizing people up quickly, relied on a devoted group of shareholders to build Berkshire Hathaway, and has crafted a company culture that will outlive him,...
View ArticleInside Haven's downfall: How Jeff Bezos, Jamie Dimon, and Warren Buffett set...
Summary List PlacementWhen Haven formed in January 2018, the healthcare industry flinched. It was announced with a cryptic press release, when its founders Amazon, JPMorgan, and Berkshire Hathaway said...
View ArticleVeteran investor Bill Miller flips Warren Buffett's Bitcoin snub to argue...
Summary List PlacementValue investor Bill Miller praised Bitcoin in a market letter on Thursday.The Miller Value Partners chief and former Legg Mason boss invoked Warren Buffett's scathing criticism of...
View ArticleWarren Buffett's favorite market indicator hits 13-year high, signaling...
Summary List PlacementWarren Buffett's preferred market gauge has jumped to its highest level since October 2007, suggesting worldwide stocks are the most overvalued since the financial crisis."Buffett...
View ArticleWarren Buffett's former deputy is launching a support program for mid-sized...
Summary List PlacementWarren Buffett's protégée is launching a support program for medium-sized companies.Tracy Britt Cool left Buffett's Berkshire Hathaway last year to cofound Kanbrick, and the...
View ArticleWarren Buffett's Berkshire Hathaway scores $1.5 billion gain on GM stock in...
Summary List PlacementWarren Buffett's Berkshire Hathaway has likely scored a 65% gain on its General Motors bet in under four months.The billionaire investor's conglomerate backed the automaker in...
View ArticleBillionaire investor Chamath Palihapitiya is the next Warren Buffett,...
Summary List PlacementChamath Palihapitiya could be the next Warren Buffett, according to investor Josh Brown."He has that aura about him," the Ritholtz Wealth Management chief said on "The...
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