Warren Buffett Coverage

All assets associated with the tag: Warren Buffett

The world could get its first trillionaire within 10 years, anti-poverty group Oxfam says

Oxfam says the fortunes of the five richest men have spiked by 114% in real terms since 2020.

Warren Buffett: 'Berkshire Hathaway could not have been built ... without Charlie's [Munger]’s inspiration, wisdom and participation'

Billionaire investor Charlie Munger, the long-time friend and business partner of Warren Buffett, has died. He was 99 years old.

Taking the long view pays off for Buffett, Berkshire Hathaway – again

Profits rebounded at Warren Buffett’s conglomerate along with the value of its $353 billion stock portfolio in the second quarter to hit $35.9 billion, and many of Berkshire Hathaway’s assorted businesses also performed well, led by strong results in its core insurance businesses, particularly Geico.

Buffett stays bullish on Bank of America, dumps two other banks

Investor Warren Buffett recommitted to his favorite bank stock, Bank of America, during the first quarter while dumping two other banks as part of a number of moves in Berkshire Hathaway's stock portfolio.

Warren Buffett sells shares in Taiwan chip giant – China threat the reason?

Warren Buffett’s conglomerate has sold its remaining shares in the world’s largest chipmaker, TSMC, after the “Oracle of Omaha” sounded alarms about its homebase of Taiwan.

Exec who will succeed Warren Buffett invests almost $70M in Berkshire stock

Billionaire Warren Buffett's successor bought nearly $70 million worth of stock in the conglomerate he is slated to one day lead.

The Oracle of Omaha speaks: Buffett bets bigger on Amazon, Apple, oil giants

Warren Buffett's company bet more on high-tech darling Apple and e-commerce giant Amazon during the second quarter, while also investing billions in old-school oil producers Occidental Petroleum and Chevron.

Warren Buffett & $19M power lunch: Someone pays a bundle to huddle with the legend

An anonymous bidder paid a record-breaking $19 million for a private steak lunch with legendary investor Warren Buffet. The sale was part of the 21st annual auction for a lunch with Buffet, produced in collaboration with eBay and the Glide Foundation, a San Francisco-based non-profit working on combating poverty, hunger, and homelessness. We've got the details.

Buffett & secret to success: 'It's not because we're smart. It's because we're sane'

Warren Buffett's Berkshire Hathaway has beaten the broader market so far this year. But the Oracle of Omaha wasn't willing to declare himself an investing genius during Saturday's annual shareholder meeting.

Buffett goes tech: Berkshire Hathaway takes 11% stake in HP

Shares of HP Inc. jumped nearly 18% Thursday after Warren Buffett’s company snapped up more than 11% of the printer and computer maker over the past week in another uncharacteristic tech investment from the billionaire.

Big game hunter Buffett settles for now on $11.6 deal to buy insurer

It may not be the "elephant-sized" deal that Warren Buffett has long promised, but Berkshire Hathaway is making its biggest acquisition in years: it's buying insurer Alleghany for $11.6 billion in cash.

Buffett’s bountiful buffet: Berkshire Hathaway posts nearly $40 billion profit

Warren Buffett’s Berkshire Hathaway reported a nearly $40 billion profit in the fourth quarter, up more than 10% from the same period of 2020. Profits more than doubled for the full year, to just shy of $90 billion. Here’s an update on the empire.

Warren Buffett vs. Bernie Sanders: Two titans square off about strike

Warren Buffett, the ninth-richest person on the planet, says it's not up to him to settle a strike by 450 steelworkers at a company he owns. Here's a breakdown on what's happening.

Berkshire profits surge – so Warren Buffett buys more of his own stock

Warren Buffett’s Berkshire Hathaway, like the rest of Corporate America, had a miserable first half of 2020 due to the Covid-19 pandemic. But as the stock market and economy has rebounded, so have the fortunes of the Oracle of Omaha’s massive conglomerate.

Buffett resigns from Gates Foundation, pledges to give away another $4.1 billion

Warren Buffett has resigned from his trustee position at the Bill and Melinda Gates Foundation, the 90-year-old investor announced Wednesday. He also pledges to give away $4.1 billion of his fortune.

Climate change and Warren Buffett - is the Oracle of Omaha missing out?

Warren Buffett's ability to pick investments that pay off over the long term has transformed him into a billionaire and made him the world's most famous investor. But as the planet heats up, his positions on the climate look increasingly short-sighted.

Warren Buffett, now 90, picks a successor - but he's still on the job

Warren Buffett said Monday that Greg Abel, the head of Berkshire Hathaway's non-insurance business, will be his successor -- although Buffett gave no indication that he will give up the top job at the conglomerate anytime soon.

Buffett's warning: 'Pathetic' returns on bonds could lead to more risky loans

"Some insurers, as well as other bond investors, may try to juice the pathetic returns now available by shifting their purchases to obligations backed by shaky borrowers," Warren Buffett says.

Invest like Warren Buffett? Here's his latest big bets on stocks - pharmas, T-Mobile

Warren Buffett's Berkshire Hathaway is making a big bet on the health care sector at a time when the Covid-19 pandemic continues to be a major crisis in the United States. Plus T-Mobile. Here's the latest.

Buffett's profits soar 82% despite pandemic impact on some Berkshire businesses

Warren Buffett's conglomerate reported an 82% jump in its third-quarter profit as the value of its investment portfolio soared, but Berkshire Hathaway said the coronavirus pandemic continued to hurt its assorted businesse.

Happy 90th birthday, Warren: Bill Gates' sweet dessert wish to Buffett

Bill Gates offered a sweet and funny video tribute to his billionaire pal Warren Buffett Sunday in honor of his 90th birthday. Here's what happened plus the video.

Warren Buffett: 'I remain convinced ... that nothing can basically stop America'

Warren Buffett said he remains convinced that nothing can stop the United States and that America will recover from the Covid-19 pandemic -- just as it did following other crises of the past century.

Warren Buffett's conglomerate reports biggest loss ever - nearly $50B

Berkshire Hathaway, the massive conglomerate run by billionaire Warren Buffett, posted a nearly $50 billion net loss in the first quarter -- the biggest loss ever for the storied company.

Warren Buffett to talk investment strategy - Wall Street is listening

Tens of thousands of people typically flock to Omaha each year for the Berkshire Hathaway annual shareholder meeting. This year, fans of Warren Buffett will have no choice but to watch him online. He'll be talking virtually this year to a smaller audience. But as usual his words will carry great weight.

Elephant shopping: Warren Buffett is struggling to spend his money – $128 billion

Warren Buffett’s Berkshire Hathaway is sitting on $128 billion in cash and looking to make an “elephant-sized acquisition.” But the Oracle of Omaha is having trouble finding the right takeover target.