Why Buffett Sold His Shares of Freddie Mac

Do you believe that you’ve heard it all about Freddie Mac and Fannie Mae? Think again. Wait until you have the opportunity to listen to why Warren Buffett let go of his stake that was previously worth almost $4 billion. The Constant Push Many big-name investors, in recent years – including Bill Ackman, Carl Icahn …

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Buffett & Icahn: The New Rail Barons

In 2014, the US is going to produce more oil than it has ever produced. This oil needs to go somewhere. Pipelines to handle all of this demand are still in the process of being built. But in the meantime, many millions of barrels of crude oil are being shipped around the continent by railroad. …

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Buffett Earns $37 Million a Day in 2013

According to a recent study, more than any other United States billionaire, Warren Buffett gained more wealth and added $37 million a day to his personal bottom line. Buffett’s net worth through December 11, 2013 – on paper – rose a whopping $12.7 billion to reach $59.1 billion in 2013. He was worth $46.4 billion …

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Buffett Talks Wall Street Record Highs & Future Stock Prices

Warren Buffett, billionaire investor and Chief Executive Officer and chairman of Berkshire Hathaway Inc., mentions on the fifth anniversary of the Dow Jones industrial average dropping below 8000 that the country has come back quite a long way to record highs, and then made a prediction that stocks will be “a lot higher” from where …

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