Bill Gates has regained his title as the world’s richest man by gaining top position in the list of Richest in the World in Bloomberg Billionaire Index. To be considered in the list of the Richest, the net worth of the person should be over $55 billion. The Microsoft Corporation (NASDAQ:MSFT) co-founder Bill Gates has come back to the number 1 position after the shares of the Redmond, Washington based company increased 28 percent...
Read More »
Credit rating agency Standard and Poor’s cut its rating for Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) by one notch from AA+ to AA on Thursday. S&P said that the downgrade was due to the diversified business conglomerate heavy dependence on its insurance businesses for its dividend income. However, the rating agency maintains AA+ rating for Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B)’s insurance operations. S&P Revised Its Criteria The rating cut for Warren Buffett-run company comes after...
Read More »
Watch Warren Buffett’s Interview Following Berkshire Hathaway’s Shareholder Meeting On Reuters Insider. Warren Buffett’s Interview Video here Other Insider videos from the conference include: - Berkshire Hathaway 2013: Berkshire’s annual meeting in 60 seconds - Top investors on what Buffett should buy next - Douglas Kass, Hedge Fund Manager on Berkshire Hathaway’s Quarterly earnings 'Get ValueWalk's Daily Edition By Email and Never Miss Our Top Stories'
Read More »
Warren Buffet’s Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) and DaVita Health Care Partners Inc (NYSE:DVA) agreed not to acquire more than 25 percent of the company. Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) also agreed not to push for board seats or seek to buy the company or engage in proxy fights with the company. The so-called standstill agreement was disclosed Tuesday in a regulatory filing by Denver-based DaVita. Such arrangements are typically arranged by companies seeking to prevent...
Read More »
Charlie Munger: Banks may ‘get in trouble again’ Despite Berkshire Hathaway’s large investments in big banks, Charlie Munger says the banks need more regulation and less risk on their trading books. Charlie Munger on jobs: ‘Suffering is required’ Billionaire Berkshire Hathaway Vice Chairman Charlie Munger says, ‘I don’t think you change policies because some people are suffering.’ Buffett: Income inequality hurting economy Billionaire investor Warren Buffett thinks immigration reform will pass in Congress and...
Read More »
Sara Blakely, youngest self made woman billionaire, becomes the first female member of the Giving Pledge, a group started by Bill Gates and Warren Buffett that encourages rich people to donate at least half their wealth to charity. The Gates Foundation announced their newest members on Tuesday, including eight other signatories. The group has a total of 114 members since its 2010 inception. The founder of shapewear brand Spanx has confirmed that she will...
Read More »
Warren Buffett, CEO, Berkshire Hathaway spoke with FOX Business Network’s (FBN) Liz Claman about the state of the economy. We posted coverage of it which can be found here. There were a few clips specifically of students asking Buffett questions which we found to be insightful. Basically… business school students from Georgetown, Columbia and Wake Forest appeared on FOX Business Network this morning (via remote) during an interview with Warren Buffett and Bill Gates. Students had...
Read More »
Berkshire Hathaway annual meeting notes: The Berkshire Hathaway annual meeting was held in Omaha with 35,000 people attending this year. The meeting format is five hours of questions being answered by Chairman and CEO Warren Buffett and Vice Chairman Charlie Munger, who have partnered together for 54 years. Overall, Mr. Buffett is upbeat about the prospects for Berkshire–especially GEICO and the Burlington Northern railroad. Many of the questions posed to Mr. Buffett involved his CEO...
Read More »
Unlike so many others who criticize Bernanke and his bold monetary easing policies, Buffett has always taken a positive view of the Federal Reserve’s chairman. He called Bernanke a ‘gutsy guy’ for his policies and praised him for his timely actions. Warren Buffett sat down with CNBC anchor Becky Quick for a long interview in the CNBC segment Squawk Box. Watch the video here. While expressing his views on various topics, Buffett said that the over...
Read More »
Charlie Munger, Vice Chairman of Berkshire Hathaway and CEO Warren Buffett spoke with FOX Business Network’s (FBN) Liz Claman about the state of the economy. Buffett discussed interest rates and the housing market, saying, “Anybody who’s borrowing money should borrow out for a long period of time. And if you ever want to get a mortgage, today is the day to get a mortgage.” Buffett also spoke about the newspaper business, saying “the trends are more adverse...
Read More »
Apple Inc. (NASDAQ:AAPL) made a record bond offering to finance its new capital plan, but Warren Buffett says he isn’t biting. In fact, he said in an interview with Bloomberg Television over the weekend that his Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) won’t be investing in any corporate bonds because their yields are too low. A quarterly filing released on May 3 indicates that Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) held $12.2 billion in corporate bonds...
Read More »
