Buffett’s Cadillac Auctioned for $122,500

A New Yorker bought Warren Buffett’s 2006 Cadillac in an online auction that ended on Thursday for $122,500. In total, the price is about $110,500 more than this person would’ve paid if it was not originally owned by Warren Buffett. As an aside, the Oracle of Omaha even autographed the dashboard using a black marker. …

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Berkshire Hathaway Dumps Deere, Adds Express Scripts

Over the last three years, Berkshire Hathaway, for the second time, has bought shares in a pharmacy related company. So it’s no surprise that Berkshire Hathaway’s Warren Buffett really likes the pharmacy business. During the third quarter, Berkshire Hathaway, owned by Warren Buffett, added shares of Express Scripts to its portfolio, and is widely followed …

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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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Buffett Buys GM Shares

Warren Buffett, legendary investor, has faith in General Motors and really believes in the company. Berkshire Hathaway, Warren Buffett’s holding company, purchased roughly 3,000,000 shares of GM stock during the second quarter, we learned according to a Securities and Exchange Commission regulatory filing. The vote of confidence from one of the biggest investors in America …

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Berkshire Hathaway Earnings Results This Week

Berkshire Hathaway, headed up by billionaire investor Warren Buffett, also one of the largest holding companies in the world, is scheduled to post its second-quarter results this Friday once the market closes. Many investors choose to watch Berkshire Hathaway as a way to track the investment strategies of Warren Buffett. They particularly do this because …

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Buffett Update: Billionaire Buys Cadillac Not Subaru

It seems that no matter what Warren Buffett happens to say or do, it will always find its way into the news. Last week, the billionaire investor was photographed sitting behind the wheel of a brand-new Subaru Outback. When this happened, a blogger at Auto Evolution decided to turn this into a story. The story …

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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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Buffett Praises GM’s New CEO

Billionaire investor Warren Buffett said that the new CEO of General Motors would do an excellent job running any business. He mentions that he feels she is the right person to handle the company’s recall problems. On CNBC on Monday, Warren Buffett said that he was impressed with Mary Barra when he met her last …

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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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A Counterpoint To Warren Buffett’s Tax Logic

At this point in time, the United States is about to hold a very critical debate that’s really important to the future the country. The debate is about whether or not to tax, consume and redistribute income that would otherwise likely be invested. When Warren Buffett weighed in with his opinion, he told us that …

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