Buffett Quadruples Ketchup Investment

In a stellar move, you can now add Maxwell House and Velveeta to the Berkshire Hathaway portfolio. Berkshire Hathaway and Warren Buffett owned Heinz, along with the private equity firm out of Brazil, 3G capital, is buying Kraft in the near future. Most famously, when Buffett and Berkshire Hathaway purchased Burlington Northern Santa Fe railroad, …

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Berkshire Hathaway Breaks All Time High

Last year, Warren Buffett mentioned that Berkshire Hathaway and the future of the company is going to be about expanding and buying big businesses. As Buffett celebrates is golden anniversary as far as running the company is concerned, many investors are beginning to rally behind the idea. Shares of Berkshire Hathaway, based out of Omaha, …

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Buffett Now Second Richest in the World

After Berkshire Hathaway shares have reached record numbers this past Friday, Warren Buffett has now slid into the second spot as the second richest persons in the world. Currently, Class B shares of Berkshire Hathaway are trading at $152 a share, and this is a 27% increase year to date. The latest rise in price …

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Warren Buffett Says He Bought Stocks during the Recent Selloff

Warren Buffett, billionaire investor, said recently on CNBC that he purchased stocks during the big selloff that took place recently. He would not name any names. He would not say if he was adding to his current holdings. But he described the stocks that he purchased during an interview on “Squawk Box” as being “names …

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Buffett Says Corporate Tax Rules Need to Be Revamped

Warren Buffett, billionaire investor, said on Monday that the White House’s actions limiting companies from shifting their tax address outside of the US offers a good “time out” to come up with a plan to revamp the current corporate tax rules.\ “It’s good to have a time out while we work out a logical corporate …

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What Will Berkshire Hathaway Get in the Burger King Deal?

Regardless of how successful the Tim Hortons Canadian fast food chain acquisition turns out to be for Burger King, Warren Buffett and Berkshire Hathaway will certainly profit on this deal. Documents recently filed with regulators show us what Berkshire Hathaway is going to receive because they put up $3 billion in order to help finance …

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Buffett Stands By Burger King Deal

This past Thursday, Warren Buffett, billionaire investor, defended Burger King and their purchase of Tim Hortons, a Canadian doughnut chain. This deal has been criticized by many Americans as an inversion plan by the company to avoid paying taxes in the United States. Berkshire Hathaway, the company where Warren Buffett serves as the CEO and …

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Wells Fargo CEO Surprised by Buffett’s Eating Habits

John Stumpf, CEO of Wells Fargo & Co., when telling the story of eating his first meal with Warren Buffett in Omaha, Nebraska, said he was quite shocked by the eating habits of the billionaire investor. Stumpf, in response to a question made about Warren Buffett at the National Press Club today in Washington, said …

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Fruit of the Loom & Corporate Taxes

Fruit of the Loom, the company that has been making underwear for well over 150 years, wants Americans to know that it is paying its fair share of corporate taxes. This information comes according to a strange page that has shown up on the website of the corporation. The headline reads “US Tax Responsibilities Commitment,” …

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Buffett Called US Senator about Tax Inversions

Orrin Hatch, a United States Sen. and the top Republican on the tax-writing Finance Committee, said that Warren Buffett, billionaire investor, recently called him to find out if there was anything that Congress would do in regards to companies that chose to move abroad for tax reasons. Lawmakers, specifically Democrats, are very concerned about inversions, …

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