Buffett’s Broker Retires From Citigroup after 30 Plus Years

After working in Chicago as Warren Buffett’s stockbroker for more than 30 years, John Freund, managing director at Citigroup, is finally retiring from the bank by the end of March, said the company. The 69-year-old Freund only made the headlines one time: he altered the succession plan course at Berkshire Hathaway after he accidentally warned …

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Firms Boost Dividends and Buffett Makes $123 Million

Warren Buffett’s belief in US banks is going to generate another $123 million more each year after companies including American Express and Wells Fargo passed the stress test from the Federal Reserve and were cleared to raise dividends. Berkshire Hathaway, where Warren Buffett is the chief executive officer and CEO, has a much larger asset …

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9 Reasons to Buy Wells Fargo (Buffett’s Favorite Stock)

There’s plenty to love about Wells Fargo. It’s Berkshire Hathaway’s number one holding. They are one of the most stable banks all across the world, and year-to-date, the stock price is up 30%. Although, based on the comments of a number of investors and a recent article titled “Is It Finally Time to Buy Bank …

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More Wisdom From Warren Buffett

If you know Warren Buffett then you know that his regular letter to shareholders each year never disappoints. That’s why wanted to share some of the most pertinent quotes with you today. As I’m sure you recognize, Warren Buffett’s quite bullish on the United States of America in general and he has ignored lots of …

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Warren Buffett Looks At Mispricing Long Term Options

Warren Buffett and Berkshire Hathaway released their annual letter to shareholders last Friday. There were plenty of useful comments on a wide variety of topics revolving around investing, and this document will be a major part of the conversation of investors over the following weeks ahead. Warren Buffett touched upon one area in his letter …

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Buffett Says Banks Won’t Get America In Trouble

Warren Buffett is a billionaire investor who has taken out stakes in some of the largest United States banks, who tells us that the lenders have rebuilt their capital to the levels where they aren’t a possible threat to the economy any longer. “The banks will not get this country in trouble, I guarantee it,” …

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What’s Buffett’s Next Big Bank Play?

When most people think of Warren Buffett and bank stocks, they usually think about the ever-expanding Wells Fargo and Company. But if you happen to take a look at the last 13 – F, you’ll see that Warren Buffett decided to triple his overall position in another bank stock. This actually suggests to me that …

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What Stocks Do Jim Cramer And Warren Buffett Agree On?

There are a few similarities between the stocks that Jim Cramer likes and the companies that Warren Buffett currently owns. If you don’t know who Jim Cramer is, he is a host at CNBC and he has his own show revolved around the stock market called Mad Money. Although Jim is not technically allowed to …

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Warren Buffett’s Railroad BNSF Sells $1.25 Billion Worth Of Bonds

Warren Buffett’s railroad Burlington Northern Santa Fe, which was recently bought by Berkshire Hathaway in year 2010, just sold $1.25 billion worth of bonds for the purposes of general corporate needs. The bonds that Burlington Northern issued were split up into different parts. The first set of bonds, which went for the amount of $600 …

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There’s Real Value In Warren Buffett’s Bank Stock Picks

The bank stock investors definitely have some choices that they are going to need to make since the largest banks in the nation have just reported their quarterly earnings. Do these investors want to take a risk and chase the earnings rebound that is bound to happen at the major banks like Citigroup, Bank of …

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