Warren Buffet

Warren Buffett’s Berkshire Hathaway Inc is selling debt in Europe. For those of us on the Buffett M&A watch, the move certainly raises an eyebrow. Berkshire has hired banks to […]

Jamie Dimon, CEO of investment bank J.P Morgan Chase, has been put in the spotlight again after he was asked for his opinion on cryptocurrency, Fortune reported. The CEO has […]

Warren Buffett’s Berkshire Hathaway upped its stake in Apple in the first quarter of 2018, adding 75 million shares of the consumer tech giant’s stock. CNBC reported the news on […]

In 2007, Warren Buffett, the famed billionaire investor made a $1 million bet that an S&P 500 stock index fund would outperform a basket of hedge funds over the course of a decade.

The index fund returned 7.1% compounded annually over the 10-year period, easily beating the 2.2% average return of a basket of funds picked by asset manager Protégé Partners, according to The Wall Street Journal. The Wall Street Journal reported that when the New York Stock Exchange closed on Friday, Dec. 29, Buffet, chairman of Berkshire Hathaway Inc., had won the bet – and it wasn’t close.

Warren Buffett has attacked US President Donald Trump’s plan to slash taxes for companies as well America’s richest individuals.

“We have a lot of businesses… I don’t think any of them are non-competitive in the world because of the corporate tax rate,” billionaire investor Mr Buffett told CNBC, on Tuesday.

American billionaire Warren Buffett’s Berkshire Hathaway group has officially become the top shareholder in Bank of America after exercising its right to buy 700 million shares at a discount.

Buffett had received the warrants in 2011 after investing $5 billion in the bank, which was suffering at the time from the fallout from the global financial crisis.

Warren Buffett, the Oracle of Omaha, on Monday donated roughly $3.17 billion of Berkshire Hathaway Inc stock to the Bill & Melinda Gates Foundation and four family charities, his largest contribution in a more than decade-long plan to give away his fortune.

The billionaire investor’s 12th annual donation to the five charities comprised 18.63 million Class "B" shares of Berkshire, valued at $170.25 each as of Monday’s market close.

Warren Buffett’s company is lending $1.5 billion to Home Capital and spending roughly $300 million to purchase nearly 40 percent of the troubled Canadian lender’s stock.

Berkshire said Thursday that the credit line will carry a relatively hefty 9 percent interest rate once Berkshire completes its initial stock investment later this month. The rate is similar to what Berkshire charged on loans it made during the financial crisis to companies including Goldman Sachs and General Electric.