By Bruce Watson, Daily Finance Forbes just released its annual ranking of the world’s richest people and, to a few readers, the list may come as a shock. The top slot isn’t taken up by its perennial inhabitants Bill Gates or Warren Buffett; in fact, for the first time since 1997, it isn’t held by an [[ This is a content summary only.
Posts Tagged warren-buffett
Over the last 45 years, Warren Buffett’s investments have beaten those of every mutual fund.
Warren Buffett’s new annual letter to shareholders is out. This is a far different read than a year ago. Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) said its annual shareholder value rose by 19.8%, a figure which would be great most years but was short of the return of the S&P 500 Index. Book value per [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
There was an interesting filing out during the Christmas holiday showing that Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A) weren’t in the holiday spirit for much of 2008. There were 21,000 fewer employees at Berkshire Hathaway entities in 2009 compared to 2008’s 246,000 employees. Bloomberg called this “a slump at its manufacturing and retail units.” [[ This is a content summary only
It wasn’t that long ago that we had given a list of stocks that Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A) needed to dump to help pay for its Burlington Northern Santa Fe (NYSE: BNI) acquisition. And to trim its equity portfolio. Moody’s Corp. (NYSE: MCO) was one of those stocks. He had already lightened [[ This is a content summary only.
Warren Buffett is dumping Moody’s Corp. (NYSE: MCO). We’ll never know until it is already done whether the Oracle of Omaha wants to jettison it entirely from the holdings of Berkshire Hathaway Inc. (NYSE: BRK-A), but he has already lightened up twice in his stake, most recently this last week. If you listened to Buffett [[ This is a content summary only.
Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) was out yesterday talking up “enormous progress” that has been made since a year ago. His comments came from an interview and an opening address at the 4th annual closed-door Lydian Roundtable on the Payments Industry, a gathering of senior executives in the payments space. Buffett noted [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
A few posts earlier today: Problem Bank List (Unofficial) Sep 4, 2009 (5 more banks failed today) Employment Report: 216K Jobs Lost, 9.7% Unemployment Rate Unemployment: Stress Tests, Unemployed over 26 Weeks, Diffusion Index Employment-Population Ratio, Part Time Workers, Average Workweek From the SEC : Investigation of Failure of the SEC to Uncover Bernard Madoff’s Ponzi Scheme - Public Version - : The other NERO examiner noted that “[a]ll throughout the examination, Bernard Madoff would drop the names of high-up people in the SEC.” Madoff told them that Christopher Cox was going to be the next Chairman of the SEC a few weeks prior to Cox being officially named. He also told them that Madoff himself “was on the short list” to be the next Chairman of the SEC . emphasis added Note: first posted at the WSJ Washington Wire
Moody’s Corporation (NYSE: MCO) just got a rather interesting insider selling shares, none other than Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A). The listed entities were Berkshire itself, National Indemnity, OBH, and GEICO. The new stake is down to 16.98% from roughly a stake of 20.2%. The filing outlines the terms for more shares to [[ This is a content summary only
