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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Buffett’s Marmon Group to Purchase DCI-Artform

One of Warren Buffett’s Berkshire Hathaway subsidiaries is about to acquire DCI–Artform, which is a firm in the retail marketing space based out of Glendale. The acquisition in place is part of a $1.1 billion buyout by Marmon Group, a Berkshire Hathaway subsidiary, from IMI PLC, which is a British engineering company. They expect to …

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