Why Buffett Loves Wells Fargo

There’s no question that Warren Buffett has fully embraced the adage that you can never get enough of a great thing. This certainly helps to explain why Warren Buffett recently decided to put more money into his holding of Wells Fargo in the amount of $350 million, which we have heard him describe as his …

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Buffett Doesn’t Regret Choosing IBM Over Apple

Warren Buffett, the legendary investor, says that he does not regret buying shares of the underperforming IBM, and even more importantly, he does not wish that he had purchased Apple shares instead. The 50 year leader of Berkshire Hathaway, Warren Buffett, provided these comments in an interview following the Berkshire Hathaway annual meeting that took …

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11 Events Planned for the Berkshire Hathaway Shareholder Weekend

The 50th edition of the annual Berkshire Hathaway shareholder meeting will kick off this weekend in Omaha, and the person behind all of the quirky events is the planner that Warren Buffett affectionately calls the ringmaster. Carrie Sova spends a good part of nine months per year planning the annual event, we learn from the …

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Berkshire Hathaway Buys Group of Oklahoma Newspapers

Berkshire Hathaway, led by CEO and chairman Warren Buffett, has declared that they will purchase a number of small newspapers near Tulsa, Oklahoma, and add them to the growing group of over two dozen small and medium-sized local newspapers. On Monday, Berkshire Hathaway Media Group said that it will purchase six weekly newspapers as well …

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Axalta Shares Benefit from Buffett Stake

Axalta Coating Systems LTD shares have risen by 5% early on Tuesday morning once the company announced that Warren Buffett, billionaire investor, has taken a stake in the business. On Tuesday, the company tells us that a Berkshire Hathaway affiliate has agreed to purchase 20 million shares of the company at $28 per share, which …

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Buffett Buys Two Small Newspapers in Virginia

Berkshire Hathaway, the company that Warren Buffett is the CEO and president of, has recently purchased two small newspapers in Virginia to add to its current collection of more than two dozen small and medium-sized newspapers. On Tuesday, Berkshire Hathaway Media announced that they had acquired the Franklin News-Post and the Martinsville Bulletin in Rocky …

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Buffett Adds to IBM Shares

With the earnings at IBM slowing and the stock actually generating a negative annual return of 4.1% over the last three years, you would think that Warren Buffett – legendary investor – would sour on the stock. But that isn’t the case at all. “I’m buying it because I like it,” said Buffett on CNBC. …

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What Does Buffett See in IBM?

As far as stock market performance is concerned, this past year has been excellent for tech companies. The NASDAQ has returned over 16% in 2014, and a number of different tech businesses have watched their shares skyrocket. IBM, on the other hand, has been an exception. From year to date, the stock is down roughly …

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The Berkshire Hathaway Shareholder Letter Comes Out This Saturday

Warren Buffett, investing billionaire, says that in his annual letter to shareholders he will reflect on leading Berkshire Hathaway for 50 years in the upcoming letter. On Saturday, Warren Buffett is going to release his much anticipated annual letter as well as the Berkshire Hathaway annual report. Many investors all over the world read the …

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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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