Obama Still Likes Buffett after Avoiding Taxes

As the third richest person in the world, Warren Buffett is estimated to be worth $71 billion, yet he has the ability to exploit a loophole that allows him to pay an incredibly low amount in federal taxes. In Barron’s this week they shed light on why Buffett has been able to evade the snare …

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The Families that Buffett Made Rich

If there ever comes a time that Warren Buffett shows an interest in your business, let him buy it with shares of Berkshire Hathaway stock and forget about cash. Some of the richest families in America acquired their multibillion-dollar fortunes this way. All in all, at least six families worth $1 billion or more – …

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Berkshire Hathaway Will Close on Heinz This Week

H.J. Heinz, world famous ketchup maker, has received all of the regulatory approvals that are necessary in order for the $28 billion acquisition by 3G Capital – an investment fund – and mega-conglomerate Berkshire Hathaway. They plan to close this deal officially on June 7, Heinz announced. Chinese authorities gave the nod a little bit …

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Buffett Says Beware of Bonds, Buy Stocks

Billionaire investing success Warren Buffett does not like owning bonds at this point, and he thinks the average investor should avoid them as well. The chairman and CEO of Berkshire Hathaway, major investment conglomerate, believes that individual investors should have plenty of cash on hand so they are comfortable just in case something unexpected happens. …

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Buffett Picks Skeptic to Pitch the Hard Questions This Weekend

For the most part, the annual meeting hosted by Berkshire Hathaway is usually a lovefest for the Oracle of Omaha. Things are going to be different this Saturday, when a hedge fund manager picked directly by Warren Buffett himself tries to add a measure of skepticism to the otherwise happy-go-lucky proceedings. “It’s fair to say …

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It’s A Buffett Kind Of Deal

It’s almost crazy to mention that you have regular deals, and then you have Warren buffet style deals. And when looking at a Warren buffet style deal, the acquisition of H.J. Heinz for $23 billion certainly fits the bill. Warren Buffett is known specifically for choosing a target that he like to buy, letting them …

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Warren Buffett To Purchase Heinz

If you have been curious about what Warren Buffett’s next big purchase was going to be, that I’m happy to tell you that the suspense has come to an end. We learned today that Warren Buffett, the Oracle of Omaha, is again showing us that he really likes to buy American food companies. Berkshire Hathaway …

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