Buffett Adds to Deere & Exits Exxon

Berkshire Hathaway, run by CEO and Chairman Warren Buffett, sold off roughly $4 billion worth of Exxon Mobil shares during the fourth quarter of 2014. This move was obviously spurred by the major drop in oil prices that have damaged all energy company profits, with Exxon included. In total, Berkshire Hathaway sold off roughly 41,000,000 …

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Warren Buffett and Cable TV

There’s nobody better than Warren Buffett in the investing world. He’s a huge public figure that gets a lot of attention, and since he’s had such a great performance from 1965 through 2012, it’s no wonder that so many people pay attention to what he has to say. During those years mentioned above, he’s even …

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Berkshire Makes Secret Trades and Opens Express Scripts Stake

Berkshire Hathaway, owned by Warren Buffett, just announced that they have taken out a $35 million stake in Express Scripts Holding Co. The investment company has also made one other trade that they requested it be kept confidential. The company’s holdings in General Motors have risen by 21%. They also had an investment in Charter …

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DirecTV: One of Buffett’s Best Stocks

Warren Buffett is well-known for saying that he is not a big fan of technology stocks. The billionaire investor has mentioned time and time again that he looks for “businesses in which I think I can predict what they’re going to look like in 10 or 15 or 20 years,” and the tech sector does …

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Buffetts Opens Stake in Charter Communications

Berkshire Hathaway and Warren Buffett have taken out a new position in Charter Communications and have purchased 2.3 million shares that are worth $365 million back at the end of June. The shares are doing well since Buffett has opened up the position. Based on the latest 13 F filing with the SEC, we’ve also …

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Berkshire Hathaway Bets Big on Verizon

Berkshire Hathaway and Warren Buffett recently disclosed that they now own shares of Verizon Communications Inc. in a bet that the telecommunications conglomerate is going to benefit after buying out its partner in the biggest United States wireless business. Verizon actually posted the largest increase in the Dow Jones Industrial Average. As of March 31, …

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Berkshire Hathaway to Benefit from AT&T deal

Every year investors make the pilgrimage to Omaha, Nebraska in order to attend the annual meeting at Berkshire Hathaway. During the event there are roughly 30,000 people cramming into the Century Link Center each year, where Charlie Munger – Warren Buffett’s right-hand man – and the Oracle of Omaha himself answer shareholder questions for a …

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Berkshire Sells Some of its Liberty Media Shares

Warren Buffett’s Berkshire Hathaway still owns stakes in Starz, DirecTV, Viacom and Liberty Media. They also own a small stake in John Malone’s international cable company, Liberty Global. Berkshire Hathaway also disclosed in a regulatory filing that they sold all of their Dish Network stock. At the end of 2013, Berkshire Hathaway owned 2.95 million …

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Media General Stock Rises 34% on News of Young Merger

Media General Inc. is a TV broadcasting company currently backed by Warren Buffett and Mario Gabelli. The company agreed to merge with New Young Broadcasting Holding Co., and shares of the stock rose by a whopping 34%. This stock deal places an $870 million value on both companies. Media General is the current owner of …

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Warren Buffett’s Biggest Stock Picks over the Past Year

Warren Buffett clearly takes the cake as far as buy and hold investor examples go. He will purchase a stock and hold on to it for years, if not decades. His methodology of owning stocks for the long haul produces incredibly large returns. If you follow Buffett’s long-term convictions, you’ll receive a great lesson in …

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